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OTHERS Proposed Disposal of entire equity interest in Gen Plus Technology Sdn. Bhd.

KOBAY TECHNOLOGY BERHAD

Type Announcement
Subject OTHERS
Description
Proposed Disposal of entire equity interest in Gen Plus Technology Sdn. Bhd.

The Board of Directors of Kobay Technology Bhd. ("Kobay") wishes to announce that the company had on 6 January 2023 entered into a Share Sales Agreement with Mr. Lim Kean Lai (NRIC No. 770524-07-5937) ("the Purchaser") to dispose off its 51% equity interest comprising 51 ordinary shares in Gen Plus Technologies Sdn. Bhd. [Registration No. 202101000691 (1400989-H)] (“Gen Plus")  for a total cash consideration of RM5,000/= (Proposed Disposal").

 

Upon completion of the Proposed Disposal, Gen Plus shall cease to be subsidiary of Kobay. 

 

For further details, kindly refer to the attachment.

 

This announcement is dated 6 January 2023.




Please refer attachment below.



Announcement Info

Company Name KOBAY TECHNOLOGY BERHAD
Stock Name KOBAY
Date Announced 06 Jan 2023
Category General Announcement for PLC
Reference Number GA1-06012023-00043




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