Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 06 Aug 2021
Category: General Announcement for PLC
Reference Number: GA1-05082021-00122
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description:
KOBAY TECHNOLOGY BERHAD (“KOBAY” OR “COMPANY”)
(I) PROPOSED ACQUISITION; AND
(II) PROPOSED DIVERSIFICATION
(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)
We refer to the announcements dated 26 February 2021, 28 May 2021, 2 July 2021, 5 July 2021 and 22 July 2021 (“Announcements”).
(Unless otherwise defined, the abbreviations used throughout this announcement are the same as those previously defined in the Announcements.)
On behalf of the Board, Affin Hwang IB wishes to announce that the Company had on 5 August 2021 settled the Part Purchase Price, marking the completion of the Proposed 70% Acquisition.
This announcement is dated 6 August 2021.