Category Archives: Bursa 2015

GENERAL MEETINGS: Notice of Meeting

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 16 Nov 2015
Category: General Meeting
Reference Number: GMA-16112015-00004

Type of Meeting Annual General Meeting
Indicator Notice of Meeting
Description Notice of Twenty-First Annual General Meeting of Kobay Technology Bhd.
Date of Meeting 09 Dec 2015
Time 02:30 PM
Venue Plot 30 Hilir Sungai Kluang Satu,
Bayan Lepas Industrial Park,
Phase 4, 11900 Bayan Lepas,
Penang.
Date of General Meeting Record of Depositors 30 Nov 2015

Attachments :
Kobay 21st AGM Notice.pdf

OTHERS Proposed Renewal of Share Buy-back Authority

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 29 Oct 2015
Category: General Announcement for PLC
Reference Number: GA1-27102015-00087

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 (referred to as “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 20th AGM held on 18 December 2014 shall, subject to renewal, expire at the conclusion of the forthcoming AGM.

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

This announcement is dated 29 October 2015

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS KOBAY TECHNOLOGY BERHAD (“KOBAY” OR THE “COMPANY”) PROPOSED ESTABLISHMENT OF NEW EMPLOYEES SHARE OPTION SCHEME (“ESOS”) OF UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL (EXCLUDING TREASURY SHARES) OF KOBAY TO ELIGIBLE DIRECTORS AND EMPLOYEES OF KOBAY, AND ITS SUBSIDIARIES

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 28 Oct 2015
Category: General Announcement for PLC
Reference Number: GA1-28102015-00103

Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)ESOS
Description: KOBAY TECHNOLOGY BERHAD (“KOBAY” OR THE “COMPANY”)

PROPOSED ESTABLISHMENT OF NEW EMPLOYEES SHARE OPTION SCHEME (“ESOS”) OF UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL (EXCLUDING TREASURY SHARES) OF KOBAY TO ELIGIBLE DIRECTORS AND EMPLOYEES OF KOBAY, AND ITS SUBSIDIARIES

This announcement should be read in conjunction with the earlier announcement made on 15 September 2015. Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the announcement dated 15 September 2015 (“Announcement”).

On behalf of the Board of Directors of Kobay, RHB Investment Bank is pleased to announce that Bursa Securities had, vide its letter dated 27 October 2015, approved the listing of such number of additional new Kobay Shares, representing up to 15% of the issued and paid-up ordinary share capital of Kobay, to be issued pursuant to the exercise of the options under the Proposed ESOS, subject to the following conditions:-

1. RHB Investment Bank is required to submit a confirmation to Bursa Securities of full compliance of the Proposed ESOS pursuant to paragraph 6.43(1) of the Listing Requirements and stating the effective date of implementation together with a certified true copy of the resolution passed by the shareholders in general meeting approving the Proposed ESOS; and

2. Kobay is required to furnish Bursa Securities on a quarterly basis a summary of the total number of shares listed pursuant to the exercise of options, under the Proposed ESOS as at the end of each quarter together with a detailed computation of listing fees payable.

This announcement is dated 28 October 2015.

UNUSUAL MARKET ACTIVITY

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 23 Oct 2015
Category: General Announcement for PLC
Reference Number: GA1-23102015-00075

ga1-23102015-00075

Reference is made to the letter dated 23 October 2015 (ref.: IQL-23102015-00001) from Bursa Malaysia Securities Berhad (“Bursa Securities”) regarding to the rise in price of the Company’s shares today (“trading activity”). The Board of Directors (“Board”) of Kobay Technology Bhd. (“Kobay” or “the Company”) would like to confirm that to their best of their knowledge and after due enquiry on the matter with its Directors and major shareholders, the Board is not aware of any of the following that may have contributed to the said trading activity :-

1. any corporate development relating to Kobay Group’s business and affairs that has not been previously announced that may account for the trading activity;

2. any rumour or report concerning the business and affairs of Kobay Group that may account for the tradiing activity; and

3. any other possible explanation to account for the trading activity,

save and except for the following :-

In mid October 2015, a wholly owned subsidiary of the Company received a Letter of Intent from a prospective buyer to acquire a parcel of vacant land in Penang owned by the said subsidiary, measuring approximately 1.54 acres. The terms and conditions of the Letter of Intent were not agreeable by the said subsidiary and the parties are in the midst of negotiating the terms and conditions of which have not been finalized at this juncture. The Company will make the necessary announcement(s) of any material information and development on the land transaction in compliance with the Bursa Securities Listing Requirements.

Further, the Board wishes to confirm that the company is in compliance with Paragraph 9.03 of Bursa Securities Listing Requirements.

This announcement is dated 23 October 2015.

KOBAY – Unusual Market Activity (“UMA”) query by Bursa Securities

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 23 Oct 2015
Category: Listing Circular
Reference Number: ILC-23102015-00004

KOBAY TECHNOLOGY BERHAD

Bursa Malaysia Securities Berhad has on 23 October 2015 issued an UMA query on the rise in price of KOBAY’s shares today.
In this respect, investors are advised to take note of the Company’s reply to the above UMA query which will be posted at Bursa Malaysia’s website under the company announcements, http://www.bursamalaysia.com/market/listed-companies/company-announcements/ when making their investment decision.

The contents of the UMA query is as follows:-
We draw your attention to the rise in price of your Company’s shares today (“trading activity”).

In light of the above and in order for investors to be able to make informed investment decisions, you are requested to respond, after making due enquiry with your directors, major shareholders and such other relevant persons, to the following queries immediately for public release in accordance with Paragraph 9.11 of the Main Market Listing Requirements (“LR”):-

1. whether there is any corporate development relating to your Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion. If yes, kindly provide the details including status of the corporate development to enable investors to make informed investment decision;

2. whether there is any rumour or report concerning the business and affairs of the Group that may account for the trading activity and in this respect, you are required to comply with Paragraphs 9.09 and 9.10 of the LR;

3. whether you are aware of any other possible explanation to account for the trading activity; and

4. whether you are in compliance with the LR, in particular Paragraphs 9.03 of the LR on immediate disclosure obligations.

Please note that the contents of the announcement must be endorsed by the Board of Directors of the Company and the announcement must reach Bursa Securities immediately via Bursa LINK.

OTHERS Banking Facilities accepted by Kobay Group

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 22 Oct 2015
Category: General Announcement for PLC
Reference Number: GA1-22102015-00068

Type: Announcement
Subject: OTHERS
Description: Banking Facilities accepted by Kobay Group

Pursuant to Chapter 9.04(e) of the Listing requirements, the Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) wishes to announce that on 21 October 2015, Kobay has accepted the following banking facilities offered by Messrs. Hong Leong Berhad to facilitate additional working capital requirement of the Group.

ga1-22102015-00068

This announcement is dated 22 October 2015.

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS KOBAY TECHNOLOGY BHD (“KOBAY” OR THE “COMPANY”) PROPOSED ESTABLISHMENT OF NEW EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) OF UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL (EXCLUDING TREASURY SHARES) OF KOBAY TO ELIGIBLE DIRECTORS AND EMPLOYEES OF KOBAY, AND ITS SUBSIDIARIES

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 15 Sep 2015
Category: General Announcement for PLC
Reference Number: GA1-15092015-00066

Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)ESOS
Description: KOBAY TECHNOLOGY BHD (“KOBAY” OR THE “COMPANY”)

PROPOSED ESTABLISHMENT OF NEW EMPLOYEES’ SHARE OPTION SCHEME (“ESOS”) OF UP TO 15% OF THE ISSUED AND PAID-UP SHARE CAPITAL (EXCLUDING TREASURY SHARES) OF KOBAY TO ELIGIBLE DIRECTORS AND EMPLOYEES OF KOBAY, AND ITS SUBSIDIARIES

On behalf of the Board of Directors of Kobay, RHB Investment Bank Berhad wishes to announce that the Company proposes to establish a new employees’ share option scheme of up to fifteen percent (15%) of the issued and paid-up share capital (excluding treasury shares) of the Company at any one time over the duration of the scheme for the eligible directors and employees of Kobay, and its subsidiary companies (excluding subsidiaries which are dormant) (“Proposed ESOS“).

Further details of the Proposed ESOS are set out in the attachment below.

This announcement is dated 15 September 2015.

Attachments :
Kobay - Announcement.pdf

OTHERS ACQUISITION OF A NEW SUBSIDIARY

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 14 Sep 2015
Category: General Announcement for PLC
Reference Number: GA1-14092015-00093

Type: Announcement
Subject: OTHERS
Description: ACQUISITION OF A NEW SUBSIDIARY

The Board of Directors of Kobay Technology Bhd. (308279-A) (“Kobay”) is pleased to announce that Kobay has on 10 September 2015 acquired a new wholly owned dormant subsidiary company namely Kobay G Sdn. Bhd. (formerly known as MIHKOB Development Sdn. Bhd.) for a cash consideration of RM3,294/- only.

The new subsidiary company was incorporated on 17 November 2014 and is currently dormant. Its current authorized share capital is RM400,000/- comprising of 400,000 ordinary shares of RM1/- each of which RM2/- consisting of 2 ordinary shares of RM1/- each have been fully paid up.

The acquisition of new subsidiary company will not have any significant financial impact and material effect on the earnings, gearing, share capital and net tangible assets of Kobay group for the financial year ending 30 June 2016.

None of the directors or major shareholders of the Company or persons connected with them, has an interest, direct or indirect, in the said acquisition.

This announcement is dated 14 September 2015.

Quarterly rpt on consolidated results for the financial period ended 30 Jun 2015

By | Bursa 2015 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 27 Aug 2015
Category: Financial Results
Reference Number: FRA-26082015-00010

Financial Year End: 30 Jun 2015
Quarter: 4 Qtr
Quarterly report for the financial period ended: 30 Jun 2015
The figures : have not been audited

Attachments :
Kobay FS - 30.6.2015.pdf Kobay Notes - Qtr 4 2015.pdf

Currency: Malaysian Ringgit (MYR)

fra-26082015-00010

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:
currency

error: Content is protected !!