General Announcement for PLC

30/05/2022

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 2022 provided by its wholly-owned subsidiary, ManagePay Resources Sdn. Bhd., a licensed money lending company, for the first quarter ended 31 March 2022 was RM RM23,840,767.96

 

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 2022.

 

 

Earnings

There is no material impact on the earnings per share for the quarter ended 31 March 2022.

 

 

Net Assets (“NA”)

There is no impact on the NA of MPay for the quarter ended 31 March 2022. 

 

 

This announcement is dated 30 May 2022.



Announcement Info

Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 30 May 2022
Category General Announcement for PLC
Reference Number GA1-24052022-00084


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