OTHERS MANAGEPAY SYSTEMS BERHAD("MANAGEPAY" or the "Company") - Receipt of Letter of Approval (“LOA”) from Bank Negara Malaysia (“BNM”) by ManagePay Services Sdn Bhd (“MPSB”), a wholly-owned subsidiary of ManagePay, in relation to the approval for issuing designated payment instrument - General Announcement - Malaysia Data

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General Announcement

24/02/2015

OTHERS MANAGEPAY SYSTEMS BERHAD("MANAGEPAY" or the "Company") - Receipt of Letter of Approval (LOA) from Bank Negara Malaysia (BNM) by ManagePay Services Sdn Bhd (MPSB), a wholly-owned subsidiary of ManagePay, in relation to the approval for issuing designated payment instrument

MANAGEPAY SYSTEMS BERHAD

Type	Announcement
Subject	OTHERS
Description	MANAGEPAY SYSTEMS BERHAD("MANAGEPAY" or the "Company") - Receipt of Letter of Approval (LOA) from Bank Negara Malaysia (BNM) by ManagePay Services Sdn Bhd (MPSB), a wholly-owned subsidiary of ManagePay, in relation to the approval for issuing designated payment instrument
The Board of Directors of ManagePay wishes to announce that MPSB had on 24 February 2015 received the LOA dated 18 February 2015 from BNM to issue electronic money (e-money) via the proposed online wallet (MPAY Balance) and prepaid card (MPAY MasterCard). The MPAY Balance and MPAY MasterCard comes with a respective wallet limit of RM10,000 per account holder. ManagePay shall commence the issuance of the MPAY Balance and MPAY MasterCard within one (1) year from the date of BNMs letter. INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND/ OR PERSONS CONNECTED WITH THEM None of the Directors and/ or major shareholders of ManagePay and/ or persons connected with them have any interest, direct or indirect, in relation to the LOA. This announcement is dated 24 February 2015.

Announcement Info

Company Name	MANAGEPAY SYSTEMS BERHAD (ACE Market)
Stock Name	MPAY
Date Announced	24 Feb 2015
Category	General Announcement
Reference No	CC-150224-FA30C

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