Category Archives: Bursa 2013

Quarterly rpt on consolidated results for the financial period ended 30/9/2013

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 22 Nov 2013
Category: Financial Results
Reference Number: KT-131121-43386

Financial Year End: 30 Jun 2014
Quarter: 1
Quarterly report for the financial period ended: 30/09/2013
The figures : have not been audited

Attachments :
Kobay Group (FS) _ 30.09.13.pdf Kobay Group (Notes) _ 30.09.13.pdf

Currency: Malaysian Ringgit (MYR)

KT-131121-43386

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:
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OTHERS Proposed Renewal of Share Buy-back Authority

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 18 Nov 2013
Category: General Announcement
Reference Number: KT-131118-61425

Type: Announcement
Subject: OTHERS
Description: Proposed Renewal of Share Buy-back Authority

The Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) proposes to seek authorization from the shareholders of the Company for the proposed renewal of share buy-back authority (“the proposal”) at the forthcoming Annual General Meeting (“AGM”) to be convened.

The present mandate for the share buy-back authority which was granted by the shareholders of the Company at its 18th AGM held on 28 December 2012 shall, subject to renewal, expire at the conclusion of the forthcoming AGM.

Share Buy-Back Statement in our Circular to Shareholders setting out in details of the proposal will be dispatched to the shareholders in due course.

This announcement is dated 18 November 2013.

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): NON RELATED PARTY TRANSACTIONS Proposed Diversification of the business of Kobay Group to include property development and property investment (“Proposed Diversification”)

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 21 Oct 2013
Category: General Announcement
Reference Number: KT-131021-60333

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)NON RELATED PARTY TRANSACTIONS
Description: Proposed Diversification of the business of Kobay Group to include property development and property investment (“Proposed Diversification”)

The Board of Directors of Kobay Technology Berhad (“Kobay” ) wishes to announce that Kobay Group proposes to undertake the Proposed Diversification and seek the shareholders’ approval in the forthcoming Annual General Meeting (AGM).

Further details of the proposal is set out in the attachment of this announcement and willl be dispatched to the shareholders of the Company in due course.

This announcement is dated 21 October 2013.

Attachments :
Announcement-Proposed Diversification (final).pdf

OTHERS Credit Facilities accepted by Kobay

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 18 Oct 2013
Category: General Announcement
Reference Number: KT-131018-60386

Type: Announcement
Subject: OTHERS
Description: Credit Facilities accepted by Kobay

Pursuant to Chapter 9.04 of Listing requirements, the Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) wishes to announce that on 18 October 2013, Kobay has accepted credit facilities of RM 10 million offered by Messrs. Public Bank Berhad (“the said credit facilities”) to facilitate additional working capital requirement of the Group.

The said credit facilities will be secured with a unit of double storey detached factory building which is free from encumbrances erected on Lot 12461, Mukim 12, Daerah Barat Daya, Penang registered under the name of Paradigm Precision Components Sdn. Bhd. (Company No.: 217167-U) (“PPC”), a wholly owned subsidiary company of Kobay and a corporate guarantee by PPC.

This announcement is dated 18 October 2013.

OTHERS Consultancy Agreement entered into by wholly owned subsidiary

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 7 Oct 2013
Category: General Announcement
Reference Number: KT-131007-60552

Type: Announcement
Subject: OTHERS
Description: Consultancy Agreement entered into by wholly owned subsidiary

The Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce that on 7 October 2013, its wholly owned subsidiary, LD Global Sdn. Bhd. (518757-T) (“LD”), has entered into a Consultancy Agreement (“CA”) with Messrs. Karsan Asia Sdn. Bhd. (871779-A) (“KASB”) to appoint KASB as the Project Management Consultant for LD’s intended project located at Lot No. 2032 Mukim Kedawang, Pantai Tengah, Pulau Langkawi, Kedah (“the Property”).

This announcement is dated 7 October 2013.

Attachments :
LD Langkawi Consultancy Agreement.pdf

OTHERS Proposed Land Acquisition by wholly owned subsidiary

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 7 Oct 2013
Category: General Announcement
Reference Number: KT-131007-59966

Type: Announcement
Subject: OTHERS
Description: Proposed Land Acquisition by wholly owned subsidiary

The Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce that on 7 October 2013, its wholly owned subsidiary, LD Global Sdn. Bhd. (518757-T) (“LD”), has entered into a Sale & Purchase Agreement (“SPA”) to acquire a piece of freehold land located at Pulau Langkawi (hereinafter referred to as “the Property”), for a total purchase consideration of RM14,000,000 (hereinafter referred to as “the Proposed Acquisition”).

This announcement is dated 7 October 2013.

Attachments :
LD Langkawi Project.pdf

PROVISION OF FINANCIAL ASSISTANCE

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 4 Oct 2013
Category: General Announcement
Reference Number: KT-131003-61222

Type: Announcement
Subject: PROVISION OF FINANCIAL ASSISTANCE
Description:
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 that the financial assistance provided by Kobay Group for the first quarter of the financial year ending 30 June 2014 is set out in the annexure.

This announcement is dated 4 October 2013.

Attachments :
Kewjaya BMQ1FY2014.pdf

OTHERS Striking Off of a Subsidiary Company

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 27 Sept 2013
Category: General Announcement
Reference Number: KT-130927-62767

Type: Announcement
Subject: OTHERS
Description: Striking Off of a Subsidiary Company

The Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to announce that its wholly owned sub-subsidiary, namely Suzhou Univex Metal Tech Co. Ltd. (“Univex” or “the Company”)(Company no.: 320500400041051) has on 26 September 2013 received the approval letter from the Registrar of Foreign Investment in the People’s Republic of China to strike off the Company.

Univex was incorporated in China on 4 July 2011 and intends to involve in manufacturing of metal products and surface treatments with an intention to tap into the market in China.

The Company was operating at a small scale since its incorporation and had been inactive since July 2012. As such, the Board has decided to strike off the Company.

The striking off is not expected to have operational impact and material financial impact on the consolidated net asset per share, earning per share, gearing, share capital and substantial shareholders’ shareholding of the Group for the financial year ending 30 June 2014.

The Board also does not foresee any risk and liability to be assumed by Univex and Kobay arising from the striking off exercise.

The Board, after due consideration of all aspects, is of the opinion that the striking off is in the best interest of Kobay.

None of the directors and/or substantial shareholders of Kobay or any person connected with them have any interest, direct or indirect, in the striking off.

The striking off does not require approval from the shareholders of Kobay, Securities Commission and Foreign Investment Committee and it does not subjected to the approval of the Securities Commission and does not fall under the Securities Commission’s Policies and Guidelines on the Issue/Offer of Securities or any amendments thereof.

This announcement is dated 27 September 2013.

Changes in Sub. S-hldr’s Int. (29B)

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 30 Aug 2013
Category: Changes in Substantial Shareholder’s Interest Pursuant to Form 29B of the Companies Act. 1965
Reference Number: KT-130829-54277

Particulars of substantial Securities Holder
Name: Norinv Kapital Sdn. Bhd.
Address: 65, Medan Mahsuri 1,Sunway Tunas,Bayan Lepas,11900 Penang.
NRIC/Passport No/Company No.: 656529-U
Nationality/Country of incorporation: Incorporated in Malaysia
Descriptions (Class & nominal value): Ordinary shares of RM1.00 each
Name & address of registered holder: Norinv Kapital Sdn. Bhd.65, Medan Mahsuri 1,Sunway Tunas,Bayan Lepas,11900 Penang.

Details of changes
Currency: Malaysian Ringgit (MYR)

Type of transaction Date of change No of securities Price Transacted ($$)
Acquired 27/08/2013 195,000 0.515
Acquired 27/08/2013 42,000 0.520

Circumstances by reason of which change has occurred: Acquired via married deal
Nature of interest: Direct Interest
Direct (units): 8,647,400
Direct (%): 12.84
Indirect/deemed interest (units):
Indirect/deemed interest (%):
Total no of securities after change: 8,884,400
Date of notice: 29/08/2013

Remarks :
The 728,200 treasury shares were substracted out from the paid up capital of 68,080,750 ordinary shares for the above computation of interest (%).

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