Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 22 Apr 2016
Category: General Announcement for PLC
Reference Number: GA1-22042016-00017
Type: Announcement
Subject: NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)ESOS
Description: KOBAY TECHNOLOGY BERHAD (“KOBAY” OR THE “COMPANY”) ESTABLISHMENT OF A NEW EMPLOYEES SHARE OPTION SCHEME 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 (“ESOS”)
This announcement should be read in conjunction with the earlier announcements made on 15 September 2015, 28 October 2015 and 17 November 2015 in relation to the ESOS (“Announcements”). Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the Announcements.
On behalf of the Board of Directors of Kobay, RHB Investment Bank Berhad (“RHB Investment Bank”) is pleased to announce that pursuant to Paragraph 6.43 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”), the effective date for the implementation of the ESOS has been fixed on 19 April 2016.
RHB Investment Bank had on 22 April 2016 submitted the confirmation of the ESOS including the final by-laws in relation to the ESOS to Bursa Securities.
This announcement is dated 22 April 2016.