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OTHERS Credit Facilities accepted by a wholly owned subsidiary company

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 18 May 2012
Category: General Announcement
Reference Number: KT-120518-55143

Type: Announcement
Subject: OTHERS
Description: Credit Facilities accepted by a wholly owned subsidiary company

Pursuant to Chapter 9.04 of Listing requirements, the Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce that on 18 May 2012, LD Global Sdn. Bhd. (“the Company”), a wholly owned subsidiary company of Kobay, has accepted a credit facilities of USD Back-to-Back Letter of Credit (“BBLC”) and Foreign Currency Trade Finance (“FCTF”) of USD 10 million offered by OCBC Bank (Malaysia) Berhad (“the said credit facilities”) to facilitate the company’s intention in trading of fertilizer urea N46%. The credit facilities are subject to issuance/acceptance commission of 0.1% per month or minimum of USD100/- for BBLC and 1% per annum financing commission for FCTF. Kobay will provide a corporate guarantee of USD10 million for the said credit facilities. The said credit facilities will not be fully utilized immediately and the actual facilities to be drawn down will depend on the trading volume when the activities commence.

This announcement is dated 18 May 2012.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS KOBAY TECHNOLOGY BHD. (“KOBAY” OR “THE COMPANY”) PROPOSED PRIVATISATION OF A MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO (“PROPOSED SCR”)

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 9 May 2012
Category: General Announcement
Reference Number: OI-120509-65311

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description:
KOBAY TECHNOLOGY BHD. (“KOBAY” OR “THE COMPANY”)

PROPOSED PRIVATISATION OF A MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO (“PROPOSED SCR”)

We refer to the announcements made by OSK Investment Bank Berhad (“OSK”), on behalf of the Board of Directors of Kobay (“Board”) on 22 March 2012 and 23 March 2012.
In connection to the circular to shareholders of Kobay dated 30 April 2012, on behalf of the Board, OSK wishes to highlight the following additional updates and disclosures to the Circular which is attached below.

This announcement is dated 9 May 2012.

Attachments :
Kobay - additional info.pdf

CIRCULAR TO THE SHAREHOLDERS IN RELATION TO THE PROPOSED PRIVATISATION OF A MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 30 Apr 2012
Category: PDF Submission
Reference Number: OI-120430-50948

Subject:
CIRCULAR TO THE SHAREHOLDERS IN RELATION TO THE PROPOSED PRIVATISATION OF A MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO

Attachments :
Kobay - Final Circular.pdf

GENERAL MEETINGS: NOTICE OF MEETING

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 27 Apr 2012
Category: General Meetings
Reference Number: KT-120427-61507

Type: Announcement
Subject: GENERAL MEETINGS NOTICE OF MEETING
Description: NOTICE OF EXTRAORDINARY GENERAL MEETING

NOTICE IS HEREBY GIVEN THAT an Extraordinary General Meeting of Kobay Technology Bhd. (“Kobay”) will be held at Plot 30, Hilir Sungai Kluang Satu, Bayan Lepas Industrial Park, Phase 4, 11900 Bayan Lepas, Penang on Thursday, 24 May 2012 at 2.30 p.m. to transact the business as set out in the Notice of Extraordinary General Meeting attached.

The Circular to Shareholders in relate to the transaction will be sent out in due course.

Attachments :
Kobay.pdf

KOBAY-RECLASSIFICATION OF SECTOR

By | Bursa 2012 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 24 Apr 2012
Category: Listing Circular
Reference Number: NS-120419-52711

LISTING’S CIRCULAR NO. L/Q : 64476 OF 2012

Kindly be advised that KOBAY’s shares will be reclassified from Technology sector to Industrial Products sector with effect from 9.00 a.m., Friday, 27 April 2012

The Stock Number and Stock Short Name of KOBAY’s shares remain unchanged.

OTHERS PROPOSED ACQUISITION OF ADDITIONAL 15% EQUITY INTERESTS IN POLYTOOL INTEGRATION SDN. BHD.

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 16 Apr 2012
Category: General Announcement
Reference Number: KT-120416-64660

Type: Announcement
Subject: OTHERS
Description: PROPOSED ACQUISITION OF ADDITIONAL 15% EQUITY INTERESTS IN POLYTOOL INTEGRATION SDN. BHD.

The Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce that on 16 April 2012, Kobay had acquired the remaining 15% of equity interests in Polytool Integration Sdn. Bhd. (“PIN) from Mr Ong Eng Seng and Mr. Yee San Khien (the “Vendors”) collectively consists of 75,000 ordinary shares of RM1.00 each for a total consideration of RM225,000 (Ringgit Malaysia : Two Hundred and Twenty Five Thousand Only)(“the Proposed Acquisition”). Upon completion of the Proposed Acquisition, PIN will become a 100% wholly-owned subsidiary of Kobay.

Kindly refer to the attached file for further details.

Attachments :
Kobay_Acquisition Shs in PIN (16Apr2012).doc

PROVISION OF FINANCIAL ASSISTANCE

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 9 Apr 2012
Category: General Announcement
Reference Number: KT-120406-61954

Type: Announcement
Subject: PROVISION OF FINANCIAL ASSISTANCE
Description:
Quarterly disclosure pursuant to Paragraph 8.23(2)(e) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad in relation to the financial assistance provided by Kobay Group for the third quarter of financial year ending 30 June 2012.

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 financial assistance provided by Kobay Group for the third quarter of financial year ending 30 June 2012, as set out in the annexure.

Attachments :
BMQ3FY2012.pdf

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS KOBAY TECHNOLOGY BHD. (“KOBAY” OR “THE COMPANY”) PROPOSED PRIVATISATION OF MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO (“PROPOSED SCR”)

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 23 Mar 2012
Category: General Announcement
Reference Number: OI-120323-62911

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS
Description:
KOBAY TECHNOLOGY BHD. (“KOBAY” OR “THE COMPANY”)

PROPOSED PRIVATISATION OF MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO (“PROPOSED SCR”)

The terms used herein shall, unless otherwise stated, bear the same meaning as those defined in the announcement dated 22 March 2012 in relation to the Proposed SCR.
We refer to the announcement dated 22 March 2012 in relation to the Proposed SCR (“Initial Announcement”) and wish to highlight that any cash advanced to Lipo pursuant to the Proposed SCR as set out in Section 2.3 of the Initial Announcement, if required, would be funded via internally generated funds of Kobay.

This announcement is dated 23 March 2012.

KOBAY-RESUMPTION OF TRADING

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 22 Mar 2012
Category: Listing Circular
Reference Number: NS-120322-39129

LISTING’S CIRCULAR NO. L/Q : 64190 OF 2012

Further to Listing’s Circular No. L/Q : 64124 OF 2012 , kindly be advised that trading in the above Company’s shares will resume with effect from 9.00 a.m., Friday, 23 March 2012.

Your attention is drawn to the Company’s announcement dated 22 March 2012.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS KOBAY TECHNOLOGY BHD (“KOBAY” OR “THE COMPANY”) PROPOSED PRIVATISATION OF MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO (“PROPOSED SCR”)

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 22 Mar 2012
Category: General Announcement
Reference Number: OI-120322-62229

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS
Description:
KOBAY TECHNOLOGY BHD (“KOBAY” OR “THE COMPANY”)

PROPOSED PRIVATISATION OF MAJOR SUBSIDIARY, LIPO CORPORATION BERHAD (“LIPO”) BY WAY OF A PROPOSED SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDER SECTION 64 OF THE COMPANIES ACT, 1965 TO BE UNDERTAKEN BY LIPO (“PROPOSED SCR”)

On behalf of the Board of Directors of Kobay, OSK Investment Bank Berhad wishes to announce that the Company had on 22 March 2012 issued a letter to the board of Lipo to privatise Lipo by way of a selective capital reduction and repayment exercise under Section 64 of the Companies Act, 1965 to be undertaken by Lipo.

Further details on the Proposed SCR are set out in the attachment enclosed.

This announcement is dated 22 March 2012.

Attachments :
Kobay - Proposed SCR.pdf

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