Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 24 Mar 2021
Category: General Meeting
Reference Number: GMA-24032021-00005
Corporate Action ID: MY210324MEET0005
| Type of Meeting | Extraordinary |
| Indicator | Notice of Meeting |
| Description | Notice of Extraordinary General Meeting |
| Date of Meeting | 12 Apr 2021 |
| Time | 11:00 AM |
| Venue | 4th Floor, Wisma Kobay, No. 42-B Jalan Rangoon, 10400 Georgetown, Penang |
| Date of General Meeting Record of Depositors | 05 Apr 2021 |
Resolutions
1. Ordinary Resolution 1
| Description | PROPOSED EXEMPTION UNDER PARAGRAPH 4.15(1) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS (“RULES”) TO KOBAY HOLDINGS SDN BHD (“KHSB”) AND PERSON ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR ALL THE REMAINING ORDINARY SHARES IN KOBAY (“KOBAY SHARES” OR “SHARES”) NOT ALREADY OWNED BY THEM ARISING FROM THE PURCHASE BY KOBAY OF ITS OWN SHARES PURSUANT TO ITS SHARE BUY-BACK AUTHORITY (“PROPOSED EXEMPTION”) |
| Shareholder’s Action | For Voting |
2. Ordinary Resolution 2
| Description | PROPOSED BONUS ISSUE OF 204,187,202 NEW KOBAY SHARES (“BONUS SHARES”) ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY ONE (1) EXISTING KOBAY SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER (“PROPOSED BONUS ISSUE OF SHARES”) |
| Shareholder’s Action | For Voting |
Please refer attachment below.
Attachments :
KOBAY-Notice of EGM.pdf