Category Archives: Bursa 2016

MULTIPLE PROPOSALS KOBAY TECHNOLOGY BHD (“KOBAY” OR “COMPANY”) (I) BONUS ISSUE; (II) INCREASE IN AUTHORISED SHARE CAPITAL; AND (III) AMENDMENTS (COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 30 Dec 2016
Category: General Announcement for PLC
Reference Number: GA1-30122016-00008

Type: Announcement
Subject: MULTIPLE PROPOSALS
Description:
KOBAY TECHNOLOGY BHD (“KOBAY” OR “COMPANY”)
(I) BONUS ISSUE;
(II) INCREASE IN AUTHORISED SHARE CAPITAL; AND
(III) AMENDMENTS
(COLLECTIVELY REFERRED TO AS THE “PROPOSALS”)

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement dated 25 October 2016.

On behalf of the Board, Affin Hwang IB wishes to announce that 34,012,851 Bonus Shares issued pursuant to the Bonus Issue will be listed and quoted on the Main Market of Bursa Securities with effect from 9.00 a.m. on Tuesday, 3 January 2017.

This announcement is dated 30 December 2016.

Notice of Resale/Cancellation of Treasury Shares – Immediate Announcement (Amended Announcement)

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 28 Dec 2016
Category: Notice of Immediate Resale or Cancellation of Treasury Shares
Reference Number: SB4-28122016-00002

Amended Announcements
Please refer to the earlier announcement reference number: SB4-21122016-00001

Date of transaction 21 Dec 2016
Currency Malaysian Ringgit (MYR)
Total number of treasury shares sold (units) 28,700
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$) 1.470
Maximum price paid for each share sold ($$) 1.500
Total amount received for treasury shares sold ($$) 41,882.14
Cumulative net outstanding treasury shares as at to-date (units) 55,000
Adjusted issued capital after cancellation/resale (no. of shares) (units)

Remarks :
The amendment has been made due to the “Cumulative net outstanding treasury shares as at to-date (units)” was wrongly inserted into the “Adjusted issued capital after cancellation (no. of shares) (units)” row of which has corrected hereof.

Notice of Resale/Cancellation of Treasury Shares – Immediate Announcement (Amended Announcement)

By | Bursa 2016 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 28 Dec 2016
Category: Notice of Immediate Resale or Cancellation of Treasury Shares
Reference Number: SB4-28122016-00001

Amended Announcements
Please refer to the earlier announcement reference number: SB4-20122016-00001

Date of transaction 20 Dec 2016
Currency Malaysian Ringgit (MYR)
Total number of treasury shares sold (units) 46,400
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$) 1.490
Maximum price paid for each share sold ($$) 1.520
Total amount received for treasury shares sold ($$) 69,393.01
Cumulative net outstanding treasury shares as at to-date (units) 83,700
Adjusted issued capital after cancellation/resale (no. of shares) (units)

Remarks :
The amendment has been made due to the “Cumulative net outstanding treasury shares as at to-date (units)” was wrongly inserted into the “Adjusted issued capital after cancellation (no. of shares) (units)” row of which has corrected hereof.

Notice of Resale/Cancellation of Treasury Shares – Immediate Announcement

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 21 Dec 2016
Category: Notice of Immediate Resale or Cancellation of Treasury Shares
Reference Number: SB4-21122016-00001

Date of transaction 21 Dec 2016
Currency Malaysian Ringgit (MYR)
Total number of treasury shares sold (units) 28,700
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$) 1.470
Maximum price paid for each share sold ($$) 1.500
Total amount received for treasury shares sold ($$) 41,882.14
Cumulative net outstanding treasury shares as at to-date (units)
Adjusted issued capital after cancellation/resale (no. of shares) (units) 55,000

Notice of Resale/Cancellation of Treasury Shares – Immediate Announcement

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 20 Dec 2016
Category: Notice of Immediate Resale or Cancellation of Treasury Shares
Reference Number: SB4-20122016-00001

Date of transaction 20 Dec 2016
Currency Malaysian Ringgit (MYR)
Total number of treasury shares sold (units) 46,400
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$) 1.490
Maximum price paid for each share sold ($$) 1.520
Total amount received for treasury shares sold ($$) 69,393.01
Cumulative net outstanding treasury shares as at to-date (units)
Adjusted issued capital after cancellation/resale (no. of shares) (units) 83,700

Notice of Resale/Cancellation of Treasury Shares – Immediate Announcement

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 19 Dec 2016
Category: Notice of Immediate Resale or Cancellation of Treasury Shares
Reference Number: SB4-19122016-00001

Date of transaction 19 Dec 2016
Currency Malaysian Ringgit (MYR)
Total number of treasury shares sold (units) 51,400
Total number of treasury shares cancelled (units)
Minimum price paid for each share sold ($$) 1.540
Maximum price paid for each share sold ($$) 1.570
Total amount received for treasury shares sold ($$) 79,194.04
Cumulative net outstanding treasury shares as at to-date (units) 130,100
Adjusted issued capital after cancellation/resale (no. of shares) (units)

KOBAY – Notice of Bonus Entitlement

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 16 Dec 2015
Category: Listing Circular
Reference Number: ILC-16122016-00002

Bonus issue of up to 34,040,375 new ordinary shares of RM1.00 each in Kobay Technology Bhd (“Kobay Shares”) (“Bonus Share(s)”) to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) existing Kobay Shares held at 5.00 p.m. on 30 December 2016

Kindly be advised of the following :

1) The above Company’s securities will be traded and quoted “[Ex-Bonus Issue]” as from: 28 Dec 2016
2) The last date of lodgment : 30 Dec 2016
3) Retention Money: Where securities are not delivered in time for registration by the seller, then the brokers concerned:-
a) Selling Broker to deduct <1/3>, of Selling Price against the Selling Client
b) Buying Broker to deduct <33.33%>, of Purchase Price against the Buying Client
c) Between Broker and Broker, the deduction of <1/3>, of the Transacted Price is applicable.

Remarks;

1) “Bursa Malaysia Securities Bhd would like to clarify that on the basis of settlement taking place after 30 December 2016 with bonus issue of KOBAY shares of RM1.00 each, any shareholder who is entitled to receive KOBAY bonus issue shares, may sell any or all of his KOBAY shares arising from the bonus issue beginning the Ex-Date (28 December 2016).

For example, if Mr X purchases 200 KOBAY shares on cum basis on 27 December 2016, Mr X should receive 200 shares on 30 December 2016. As a result of the bonus issue, a total of 300 KOBAY shares will be credited into Mr X’s CDS account on the night of 30 December 2016 being the Book Closing Date. Therefore, Mr X can sell the bonus issue shares of 300 on or after the Ex-Date i.e. from 28 December 2016 onwards.”

2) The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement dated 25 October 2016. The Bonus Issue will entail the issuance of up to 34,040,375 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) existing Kobay Shares held by the Entitled Shareholders. The Bonus Shares will be listed and quoted on the Main Market of Bursa Securities on 3 January 2017, being one (1) market day after the Entitlement Date. The notice of allotment for the Bonus Shares to the Entitled Shareholders will be issued and despatched within four (4) market days after the date of listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

Bonus Issue

By | Bursa 2016 | No Comments

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 15 Dec 2016
Category: Entitlement(Notice of Book Closure)
Reference Number: ENT-13122016-00014

ent-13122016-00014

Remarks :
The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the earlier announcement dated 25 October 2016.

The Bonus Issue will entail the issuance of up to 34,040,375 Bonus Shares to be credited as fully paid-up on the basis of one (1) Bonus Share for every two (2) existing Kobay Shares held by the Entitled Shareholders.

The Bonus Shares will be listed and quoted on the Main Market of Bursa Securities on 3 January 2017, being one (1) market day after the Entitlement Date.

The notice of allotment for the Bonus Shares to the Entitled Shareholders will be issued and despatched within four (4) market days after the date of listing of and quotation for the Bonus Shares on the Main Market of Bursa Securities.

This announcement is dated 15 December 2016.

GENERAL MEETINGS: Outcome of Meeting

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 14 Dec 2015
Category: General Meeting
Reference Number: GMA-08122016-00006

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 14 Dec 2015
Time 02:30 PM
Venue 4th Floor, Wisma Kobay,
No. 42-B Jalan Rangoon,
10400 Georgetown,
Penang.
Outcome of Meeting The Company wishes to announce that all the resolutions as set out in the Notice of Annual General Meeting (“AGM”) dated 28 October 2016, had been approved by way of poll at the AGM of the Company held on 14 December 2016.

The voting in respect of the resolutions was carried out by way of poll and the results were validated by Messrs Value Creator Consultancy, the Independent Scrutineer appointed by the Company. Details of the said results are set out in the attachment.

This announcement is dated 14 December 2016.

Attachments :
AGM Votes Summary Report 2016.pdf

GENERAL MEETINGS: Outcome of Meeting

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Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 14 Dec 2016
Category: General Meeting
Reference Number: GMA-09122016-00001

Type of Meeting Extraordinary General Meeting
Indicator Outcome of Meeting
Date of Meeting 14 Dec 2015
Time 03:10 PM
Venue 4th Floor, Wisma Kobay,
No. 42-B Jalan Rangoon,
10400 Georgetown,
Penang
Outcome of Meeting The Company wishes to announce that all the resolutions as set out in the Notice of Extraordinary General Meeting (“EGM”) dated 7 November 2016, had been approved by way of poll at the EGM of the Company held on 14 December 2016.

The voting in respect of the resolutions was carried out by way of poll and the results were validated by Messrs Value Creator Consultancy, the Independent Scrutineer appointed by the Company. Details of the said results are set out in the attachment.

This announcement is dated 14 December 2016.

Attachments :
EGM Votes Summary Report 2016.pdf

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