Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 05 May 2022
Category: General Announcement for PLC
Reference Number: GA1-05052022-00008
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description: KOBAY TECHNOLOGY BHD (“KOBAY” OR THE “COMPANY”)
PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF KOBAY (EXCLUDING TREASURY SHARES) (“PRIVATE PLACEMENT”)
We refer to the Company’s announcements dated 5 November 2021, 8 November 2021, 11 November 2021, 16 November 2021, 25 November 2021, 26 November 2021 and 26 April 2022 in relation to the Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
On behalf of the Board, RHB Investment Bank Berhad wishes to announce that Bursa Securities had, vide its letter dated 29 April 2022 (which was received on 5 May 2022), approved the extension of time of up to 9 November 2022 for the Company to complete the implementation of the Private Placement.
This announcement is dated 5 May 2022.