Company Name: KOBAY TECHNOLOGY BERHAD
Stock Name: KOBAY
Date Announced: 03 Nov 2022
Category: General Announcement for PLC
Reference Number: GA1-03112022-00061
Type: Announcement
Subject: TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RECURRENT RELATED PARTY TRANSACTIONS
Description: VARIATION BY 10% OR MORE BETWEEN ACTUAL VALUE OF RECURRENT RELATED PARTY TRANSACTIONS (RRPT) AND ESTIMATED AGGREGATED VALUE
Further to the announcement made on 30 September 2022 (Reference Number GA1-30092022-00064) in respect of the variation between the actual value of RRPT and estimated aggregated value by 10% or more, Kobay Technology Bhd. wishes to inform that the actual value of the RRPT transacted between Avelon Healthcare Sdn. Bhd. and its related company Arise Healthcare Sdn. Bhd., have further exceeded the estimated value as set out in the Circular to Shareholders dated 29 November 2021 by more than 10%.
For further details, kindly refer to the attachment.
This announcement is dated 3 November 2022.
Please refer attachment below.
Attachments :
Bursa Announcement_Variation of RRPT.pdf” color_override=