MPAY

0.110

(%)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY") PROPOSED PRIVATE PLACEMENT OF UP TO 142,093,116 NEW ORDINARY SHARES OF MPAY ("MPAY SHARE(S)" OR "SHARE(S)") REPRESENTING APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF MPAY ("PROPOSED PRIVATE PLACEMENT")

MANAGEPAY SYSTEMS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY")

PROPOSED PRIVATE PLACEMENT OF UP TO 142,093,116 NEW ORDINARY SHARES OF MPAY ("MPAY SHARE(S)" OR "SHARE(S)") REPRESENTING APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF MPAY ("PROPOSED PRIVATE PLACEMENT")

We refer to the announcements made on 30 July 2020 and 10 August 2020 in relation to the Proposed Private Placement ("Announcements"). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. 

 

On behalf of the Board, Kenanga IB wishes to announce the additional information in relation to the Proposed Private Placement. The additional information is set out in the attachment below. 

 

This announcement is dated 10 September 2020. 




Please refer attachment below.



Announcement Info

Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 10 Sep 2020
Category General Announcement for PLC
Reference Number GA1-10092020-00011