Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
PROPOSED EXEMPTION UNDER PARAGRAPH 4.15(1) OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES") TO KOBAY HOLDINGS SDN BHD ("KHSB") AND PERSON ACTING IN CONCERT WITH IT FROM THE OBLIGATION TO UNDERTAKE A MANDATORY TAKE-OVER OFFER FOR ALL THE REMAINING ORDINARY SHARES IN KOBAY ("KOBAY SHARES" OR "SHARES") NOT ALREADY OWNED BY THEM ARISING FROM THE PURCHASE BY KOBAY OF ITS OWN SHARES PURSUANT TO ITS SHARE BUY-BACK AUTHORITY ("PROPOSED EXEMPTION")
Shareholder’s Action
For Voting
2. Ordinary Resolution 2
Description
PROPOSED BONUS ISSUE OF 204,187,202 NEW KOBAY SHARES ("BONUS SHARES") ON THE BASIS OF TWO (2) BONUS SHARES FOR EVERY ONE (1) EXISTING KOBAY SHARE HELD ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED BONUS ISSUE OF SHARES")