Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 03 Nov 2016
Category: General Announcement for PLC
Reference Number: GA1-03112016-00061
Type: Announcement
Subject: OTHERS
Description: UPDATED ANNOUNCEMENT ON IMPAIRMENT LOSS IN RELATION TO NON-REPAYMENT OF STAKEHOLDER SUM BY STAKEHOLDER
Our announcement dated 27 May 2016 (reference no.: GA1-27052016-00034), 31 May 2016 (reference no.: GA1-31052016-00127) and 10 October 2016 (reference no.: GA1-10102016-00078) on the impairment loss in relation to the non-repayment of Stakeholder Sum by Stakeholder amounting to RM3.4million are herein referred.
The Board of Directors of Kobay Technology Bhd. (“Kobay” or “the Company”) wishes to update that during the case management dated 3 November 2016, the Court has fixed the next case management on 24 November 2016.
This announcement is made on 3 November 2016.