PROVISION OF FINANCIAL ASSISTANCE
| MANAGEPAY SYSTEMS BERHAD |
| Type | Announcement |
| Subject | PROVISION OF FINANCIAL ASSISTANCE |
| Description | MANAGEPAY SYSTEMS BERHAD ("MPay" or "the Company")
- Provision of Financial Assistance |
|
Pursuant to Rule 8.25(1) and Guidance Note 4 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MPay wishes to announce the aggregate amount of financial assistance as at 31 March 2020 provided by its wholly-owned subsidiary, ManagePay Resources Sdn. Bhd., a licensed money lending company, for the first quarter ended 31 March 2020 was RM54,328.44.
FINANCIAL IMPACT
Share Capital
The provision of financial assistance has no effect on the share capital and shareholding structure of MPay Group for the quarter ended 31 March 2020.
Earnings
There is no material impact on the earnings per share for the quarter ended 31 March 2020.
Net Assets ("NA")
There is no impact on the NA of MPay for the quarter ended 31 March 2020.
This announcement is dated 26 June 2020. |
|
Announcement Info
| Company Name | MANAGEPAY SYSTEMS BERHAD |
| Stock Name | MPAY |
| Date Announced | 26 Jun 2020 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26062020-00062 |