Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 16 Aug 2023
Category: General Announcement for PLC
Reference Number: GA1-16082023-00060
Type: Announcement
Subject: MATERIAL LITIGATION
Description: WRIT OF SUMMONS AND STATEMENT OF CLAIM RECEIVED BY PARADIGM METAL INDUSTRIES SDN. BHD. FROM SALUTICA ALLIED SOLUTIONS SDN. BHD., PENANG HIGH COURT SUIT NO. PA-22NCVC-130-08/2023
Pursuant to Paragraph 9.03 of Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of Kobay Technology Bhd. (“Kobay”) wishes to inform that Paradigm Metal Industries Sdn. Bhd. [(Registration No. 199001013720(205290-X)] (“PMI” or “the Defendant”), a wholly-owned subsidiary of Kobay Industries Sdn. Bhd. who in turn is a wholly-owned subsidiary of Kobay, had on 15 August 2023 received a Writ of Summons and Statement of Claim filed by Messrs. Joel & Mei, the Solicitors acting on behalf of Salutica Allied Solutions Sdn. Bhd. [Registration No. 199001014672 (206341-H)] (“the Plaintiff”).
Kindly refer to the attachment for further details.
This announcement is dated 16 August 2023.
Please refer attachment below.
Attachments :
Bursa Announcement_Material Litigation PMI vs Salutica.pdf” color_override=