Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 18 Nov 2013
Category: General Announcement
Reference Number: KT-131118-61425
Type: Announcement
Subject: OTHERS
Description: Proposed Renewal of Share Buy-back Authority
The Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) proposes to seek authorization from the shareholders of the Company for the proposed renewal of share buy-back authority (“the proposal”) at the forthcoming Annual General Meeting (“AGM”) to be convened.
The present mandate for the share buy-back authority which was granted by the shareholders of the Company at its 18th AGM held on 28 December 2012 shall, subject to renewal, expire at the conclusion of the forthcoming AGM.
Share Buy-Back Statement in our Circular to Shareholders setting out in details of the proposal will be dispatched to the shareholders in due course.
This announcement is dated 18 November 2013.