Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 08 Jul 2022
Category: General Announcement for PLC
Reference Number: GA1-07072022-00047
Type: Announcement
Subject: OTHERS
Description: Banking Facilities accepted by Kobay Group
Pursuant to Chapter 9.04(e) of Bursa Listing Requirements, the Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) wishes to announce that on 8 July 2022, Bend Weld Engineeering Sdn. Bhd. (Registration No. 199001011995 (203565-P) (“BWE”), the wholly owned subsidiary company of Kobay Industries Sdn. Bhd. who in turn is a wholly owned subsidiary of Kobay, have accepted credit facilities offered by Messrs. Hong Leong Islamic Bank Berhad and Messrs. Hong Leong Bank Berhad to finance the working capital and purchase of machineries.
For further details, kindly refer to the attachment.
This announcement is dated 8 July 2022.
Attachments :
Bursa Announcement-Financing Facilities accepted by Bend Weld Engineering Sdn. Bhd..pdf