The Board of Directors of Kobay Technology Bhd. wishes to announce that the actual value of the Recurrent Related Party Transaction entered into between its wholly owned subsidiary, Paradigm Metal Industries Sdn. Bhd.[Registration No. 199001013720 (205290-X)], and its related party, UA Materials Sdn. Bhd. [Registration No.: 200001020131 (522738-P)] has exceeded the estimated aggregate value disclosed in the Circular to Shareholders dated 31 October 2025 by more than 10%. This shareholder mandate was previously sought and approved by the shareholders of the Company at its 31st Annual General Meeting held on 5 December 2025.
Kindly refer to the attachment for further details.
This announcement is dated 5 October 2026.