Kobay Technology Bhd

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS Proposed Disposal of 65.00% Equity Interest in Leapcode Sdn. Bhd.

Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 13 Jan 2025
Category: General Announcement for PLC
Reference Number: GA1-10012025-00051

Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description: Proposed Disposal of 65.00% Equity Interest in Leapcode Sdn. Bhd.

The Board of Directors of Kobay Technology Bhd.  wishes to announce that its wholly owned subsidiary company, Kobay Industries Sdn. Bhd. had on 13 January 2025 disposed off its 65.00% equity interest consisting of 65,000 ordinary shares in Leapcode Sdn. Bhd. (Registration No.: 202101041679 (1441979-X)  at total cash consideration of RM100,000-00 (Ringgit Malaysia : One Hundred Thousand Only) to an individual.

Kindly refer to the attachment for further details.

This announcement is dated 13 January 2025.

Please refer attachment below.

Attachments :
Announcement – Disposal of equity shares in Leapcode.pdf

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