NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY") 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 ("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")
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 ("PRIVATE PLACEMENT") |
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We refer to the announcement made on 30 July 2020, 10 August 2020, 10 September 2020, 18 September 2020 and 14 December 2020 in relation to the Private Placement ("Announcements"). Unless otherwise defined, the definition set out in the Announcements shall apply herein.
On behalf of the Board, Kenanga IB wishes to announce that an application to Bursa Securities for an extension of time of 6 months (i.e. until 17 September 2021) for MPay to complete the implementation of the Private Placement has been submitted on 3 March 2021.
This announcement is dated 3 March 2021. |
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Announcement Info
| Company Name | MANAGEPAY SYSTEMS BERHAD |
| Stock Name | MPAY |
| Date Announced | 03 Mar 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03032021-00010 |