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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 08 Mar 2024
Category: General Announcement for PLC
Reference Number: GA1-08032024-00029

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description: Proposed Acquisition of 70.00% Equity Interest in Medicwave (M) Sdn. Bhd.

Amended Announcements
Please refer to the earlier announcement reference number: GA1-04032024-00037

With reference to our announcement on the completion of the Proposed Acquisition of 70.00% Equity Interest in Medicwave (M) Sdn. Bhd. dated 4 March 2024 (Ref. No.: GA1-04032024-00037), the Board wishes to further clarify that the highest percentage ratio of 10.94% applies to the aggregate of a 70% acquisition and 30% Put and Call Option collectively.

This announcement dated 8 March 2024.

Please refer attachment below.
Attachments :
Bursa Announcement-Proposed Acquisition of Medicwave Call Option _4Mar24.pdf

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 08 Mar 2024
Category: General Announcement for PLC
Reference Number: GA1-08032024-00025

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description: Proposed Acquisition of 70.00% Equity Interests in Medicwave (M) Sdn. Bhd.

Amended Announcements
Please refer to the earlier announcement reference number: GA1-23022024-00090

With reference to our announcement on the Proposed Acquisition of 70.00% Equity Interest in Medicwave (M) Sdn. Bhd. dated 23 February 2024 (Ref. No.: GA1-23022024-00090) and its amended announcement dated 26 February 2024 (Ref. No.: GA1-26022024-00043), the Board wishes to announce that the highest percentage ratio 11.34% stated under item 7 therein shall be 7.66%.

This announcement dated 8 March 2024.

Please refer attachment below.
Attachments :
Announcement - Acquisition of equity shares in Medicwave_23Feb2024.pdf

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 26 Feb 2024
Category: General Announcement for PLC
Reference Number: GA1-26022024-00043

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS
Description: Proposed Acquisition of 70.00% Equity Interests in Medicwave (M) Sdn. Bhd.

Amended Announcements
Please refer to the earlier announcement reference number: GA1-23022024-00090

We refer to the announcement dated 23 February 2024 on the above.

The Board of Kobay Technology Bhd. wishes to amend the announcement by amending the typo error on Section 6, note (ii) of page 6 that the borrowing sum should be RM15.2 million instead of RM1.52 million.

Kindly refer to the attachment for details.

This announcement is dated 26 February 2024.

Please refer attachment below.
Attachments :
Bursa Announcement - Proposed Acquisition of Medicwave (amended announcement).pdf

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 23 Feb 2024
Category: General Announcement for PLC
Reference Number: GA1-23022024-00090

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS
Description: Proposed Acquisition of 70.00% Equity Interest in Medicwave (M) Sdn. Bhd

The Board of Directors of Kobay Technology Bhd. (“Kobay“) (“Board“) wishes to announce that on 23 February 2024 Avelon Healthcare Sdn. Bhd. (“AHSB”), its 70% owned subsidiary company proposes to undertake a proposed acquisition and subscription of a total of 116,669 ordinary shares in Medicwave (M) Sdn. Bhd. (“Medicwave”), representing 70.00% of the enlarged issue share capital of Medicwave for a total cash consideration of RM15,120,000, by entering into the following agreements:

– a Share Sale Agreement dated 23 February 2024 (“SSA”) entered into between AHSB as purchaser (“Purchaser”), Chin Wai Foong, Ho Pei Si and Lim Lai Choo as the vendor (“Vendors”), for the proposed acquisition of 50,001 ordinary shares in Medicwave (““Sale Share”), representing 50.00% equity interest in Medicwave for a cash consideration of RM10,800,000 (“Purchase Price”) (“Proposed Acquisition”); and

– a Subscription Agreement dated 23 February 2024 (“Subscription Agreement”) entered into between AHSB as subscriber, Medicwave as issuer, for the proposed subscription by AHSB of 66,668 new ordinary shares in Medicwave (“Medicwave Share(s)”) (“Subscription Share(s)”) for a cash subscription price of RM4,320,000 (“Proposed Subscription”).

(The Proposed Acquisition and Proposed Subscription are collectively referred to as the “Proposed Acquisition”)

Further details of the Proposed Acquisition, kindly refer to the attachment.

This announcement is dated 23 February 2024.

Please refer attachment below.
Attachments :
Bursa Announcement-Proposed Acquisition of Medicwave.pdf

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 21 Feb 2024
Category: Financial Results
Reference Number: FRA-20022024-00035

Financial Year End: 30 Jun 2024
Quarter: 2 Qtr
Quarterly report for the financial period ended: 31 Dec 2023
The figures : have not been audited

Attachments :
KOBAY FS - Qtr 2 2024.pdf Kobay Notes to FS- Qtr 2 2024.pdf

Currency: Malaysian Ringgit (MYR)

Definition of Subunit:
In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit.
Example for the subunit as follows:

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 09 Jan 2024
Category: Changes in Director’s Interest Pursuant to Section 219 of CA 2016
Reference Number: CS4-06012024-00001

Remarks :
The indirect/deemed interest of 33.432% interest by virtue of Mr. Koay Zee Ee owns 11.25% of shareholding in Kobay Holdings Sdn. Bhd..

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 09 Jan 2024
Category: Changes in Director’s Interest Pursuant to Section 219 of CA 2016
Reference Number: CS4-06012024-00002

Remarks :
The Indirect/deemed interest of 4.532% by virtue of Mr. Koay Cheng Lye’s shareholdings in Inna Capital Sdn. Bhd. under Section 8 of the Companies Act, 2016.

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 05 Jan 2024
Category: General Announcement for PLC
Reference Number: GA1-04012024-00008

Type: Announcement
Subject: PROVISION OF FINANCIAL ASSISTANCE
Description:
QUARTERLY DISCLOSURE PURSUANT TO PARAGRAPH 8.23(2)(e) OF THE MAIN MARKET LISTING REQUIREMENTS IN RELATION TO THE FINANCIAL ASSISTANCE PROVIDED BY KOBAY GROUP FOR THE SECOND QUARTER OF FINANCIAL YEAR ENDING 30 JUNE 2024

Pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce the aggregate amount of financial assistance provided by its wholly-owned subsidiary, Kewjaya Sdn. Bhd. (Registration No. 200201009139 (576802-P)) (“Kewjaya”), for the second quarter of the financial year ending 30 June 2024, as set out in the annexure.

The Financial Assistance provided was in the ordinary course of business of Kewjaya as a licensed moneylender.

The Financial Assistance provided does not have any material effect on the earning per share, net assets per share, and gearing of Kobay and its subsidiaries.

This announcement is dated January 5, 2024.

Please refer attachment below.
Attachments :
BMQ2FY2024.pdf

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 21 Dec 2023
Category: Changes in Director’s Interest Pursuant to Section 219 of CA 2016
Reference Number: CS4-21122023-00019

Remarks :
The indirect/deemed interest of 3.116% interest by virtue of Mr. Koay Wooi Seong owns 37% of shareholding in Premiergrow Capital Sdn. Bhd.. The total percentage of 1,659,000 Ordinary Shares disposed by Premiergrow Capital Sdn. Bhd. was 0.5086% of the total issued shares of Kobay.

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 20 Dec 2023
Category: General Announcement for PLC
Reference Number: GA1-20122023-00044

Type: Announcement
Subject: MATERIAL LITIGATION
Description: Litigation Proceedings commenced by Bend Weld Engineering Sdn. Bhd. against FMC Technologies Limited

Amended Announcements
Please refer to the earlier announcement reference number: GA1-19122023-00031

We refer to the announcement dated 19 December 2023 on the above.

The Board of Kobay Technology Bhd. wishes to amend the announcement by adding the date in relates thereto.

Kindly refer to the attachment for further details.

This announcement is dated 20 December 2023.

Please refer attachment below.
Attachments :
Bursa Announcement - Material Litigation Between BWE and FMC (amended).pdf