Document Receipt

22/02/2011

Initial Public Offering (IPO)

MANAGEPAY SYSTEMS BERHAD

SubjectINITIAL PUBLIC OFFERING OF 45,758,000 NEW ORDINARY SHARES OF RM0.10 EACH IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:

(I) 32,946,000 NEW ORDINARY SHARES OF RM0.10 EACH BY WAY OF PRIVATE PLACEMENT TO THE IDENTIFIED INVESTORS;

(II) 3,660,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY OUR ELIGIBLE EMPLOYEES; AND

(III) 9,152,000 NEW ORDINARY SHARES OF RM0.10 EACH AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC;

AT AN ISSUE PRICE OF RM0.16 PER ORDINARY SHARE PAYABLE IN FULL UPON APPLICATION.

Announcement Info

Company NameMANAGEPAY SYSTEMS BERHAD (ACE Market) 
Stock Name MPAY
Date Announced22 Feb 2011  
CategoryDocument Receipt
Reference NoXF-110222-31399

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