Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 30 Jan 2018
Category: General Announcement for PLC
Reference Number: GA1-30012018-00090
Type: Announcement
Subject: OTHERS
Description: Completion of proposed acquisition of additional equity interest in Micro Surface Treatment Sdn. Bhd. by Lipo Corporation Sdn. Bhd.
Further to the announcement made on 5 January 2018 (reference number : GA1-05012018-00057) by Kobay Technology Bhd. (“Kobay”), the Board of Kobay wishes to announce that the Proposed Acquisition have been completed on 25 January 2018 upon receipt of the stamp certificate from Inland Revenue Board for the share transfer. The stamp certificate was received by us on 29 January 2018.
Lipo Corporation Sdn. Bhd.(Company No. 491485-V), the wholly owned subsidiary of Kobay is now holding 90% of the equity interest in Micro Surface Treatment Sdn. Bhd. (Company No.: 549153-X).
This announcement is dated 30 January 2018.