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General Announcement
29/05/2012
OTHERS ManagePay Systems Berhad (ManagePay or the Company) - Memorandum of Understanding entered into between Sina Technologies Sdn Bhd, a wholly-owned subsidiary of ManagePay, and Taisea Capital Limited, a wholly-owned subsidiary of Taisea Fund Limited (MOU)
MANAGEPAY SYSTEMS BERHAD
Admission Sponsor
OSK Investment Bank Bhd
Sponsor
Same as above
Type
Announcement
Subject
OTHERS
Description
ManagePay Systems Berhad (ManagePay or the Company)
- Memorandum of Understanding entered into between Sina Technologies Sdn Bhd, a wholly-owned subsidiary of ManagePay, and Taisea Capital Limited, a wholly-owned subsidiary of Taisea Fund Limited (MOU)
Reference is made to ManagePays announcements on 14 July 2011 and 19 December 2011 in relation to the MOU to jointly develop Malaysian swift nest online business.
The Board of Directors of ManagePay wishes to inform that this MOU had lapsed and both Sina Technologies Sdn Bhd, and Taisea Capital Limited did not seek for extension to this MOU.
This announcement is dated 29 May 2012.
Announcement Info
Company Name
MANAGEPAY SYSTEMS BERHAD
(ACE Market)
Stock Name
MPAY
Date Announced
29 May 2012
Category
General Announcement
Reference No
CC-120516-54542
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