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Kobay Technology’s unit exceeds recurrent related-party deal mandate by over 10 pct

Kobay Technology Bhd’s 51%-owned unit Kual Technologies Sdn Bhd exceeded the Bursa Malaysia-mandated aggregate value for its recurrent related-party transactions by more than 10%, the company said.

Source: Kobay Technology Berhad · August 12, 2026 at 10:41 PM · AI-assisted report

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Kobay Technology’s unit exceeds recurrent related-party deal mandate by over 10 pct
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Photo: Wikimedia Commons

KUALA LUMPUR, 13 AUGUST 2026 —

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Kobay Technology Bhd’s 51%-owned unit Kual Technologies Sdn Bhd exceeded the Bursa Malaysia-mandated aggregate value for its recurrent related-party transactions by more than 10%, the company said.

Market Impact

The actual value of Kual Technologies’ transactions with fellow related party UA Materials Sdn Bhd surpassed the estimated aggregate disclosed in the circular dated Oct 31, 2025, according to the filing on Aug 6.

Kobay did not disclose the monetary difference or the total transaction value, saying details were attached to the filing. The company’s shares were unchanged at RM0.96 at midday on Aug 6.

The Bursa Malaysia Listing Requirements Chapter 10 require listed issuers to disclose any variation of 10% or more between the actual and estimated aggregate values of recurrent related-party transactions.

Related: Bursa Malaysia

Reporting based on Kobay Technology Berhad. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.

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