PROVISION OF FINANCIAL ASSISTANCE
Company Name: KOBAY TECHNOLOGY BERHADStock Name: KOBAYDate Announced: 08 Jul 2026Category: General Announcement for PLCReference Number: GA1-06072026-00011 Type: AnnouncementSubject: PROVISION […]
Source: Kobay Technology Berhad · August 5, 2026 at 10:58 PM · AI-assisted report
KUALA LUMPUR, 6 AUGUST 2026 —
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KUALA LUMPUR, July 8 (Reuters) - Kobay Technology Bhd announced that its wholly-owned subsidiary, Kewjaya Sdn Bhd, provided financial assistance in the fourth quarter of the financial year ending June 30, 2026, pursuant to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
Market Impact
The provision of financial assistance is expected to have a minimal impact on the Malaysian market, as it is part of the ordinary course of business of Kewjaya as a licensed moneylender. Details of the financial assistance provided are set out in an annexure, although the aggregate amount was not disclosed. The announcement is a quarterly disclosure requirement under the Main Market Listing Requirements.
According to the announcement, the financial assistance provided by Kewjaya does not have any material effect on the earnings per share, net assets per share, and gearing of Kobay Technology Bhd and its subsidiaries. The company made the announcement on July 8, 2026, in compliance with Paragraph 8.23(2)(e) of the Main Market Listing Requirements. Details not yet available include the specific amount of financial assistance provided and the recipients of the assistance.
The outlook for Kobay Technology Bhd remains unchanged, as the provision of financial assistance is seen as a normal part of Kewjaya's business operations. Investors will continue to monitor the company's performance and announcements for any updates on its financial position and business developments. The announcement is available on the Bursa Malaysia website, and investors can refer to the company's website for further information on its financials and business operations.
Related: Kobay Technology Bhd · Bursa Malaysia Securities Berhad · Kuala Lumpur