Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 20 Dec 2023
Category: General Announcement for PLC
Reference Number: GA1-20122023-00023
Type: Announcement
Subject: OTHERS
Description: INCORPORATION OF A NEW SUBSIDIARY COMPANY
The Board of Directors of Kobay Technology Bhd. (308279-A) (“Kobay”) is pleased to announce that Kobay has on 20 December 2023 incorporated a new 70% owned subsidiary namely Avelon Healthcare Group Sdn. Bhd. (Registration No. 202301050597(1544511-M)) (“the Incorporation”).
The initial issued and paid up share capital of the Company is RM100.00 for which 70% is owned by Kobay.
The nature of business Avelon Healthcare Group Sdn. Bhd. is investment holding.
This announcement is dated 20 December 2023.