Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016

04/03/2021

Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

MANAGEPAY SYSTEMS BERHAD

Particulars of substantial Securities Holder

Name DATO' CHEW CHEE SENG
Nationality/Country of incorporation Malaysia
Descriptions (Class) Ordinary Shares

Details of changes

No Date of change
No of securities
Type of Transaction Nature of Interest
02 Mar 2021
40,000
Acquired Indirect Interest
Name of registered holder CHEW VERN TAT
Description of "Others" Type of Transaction Exercise of ESOS
02 Mar 2021
200,000
Acquired Indirect Interest
Name of registered holder CHEW LEAN MEI
Description of "Others" Type of Transaction Exercise of ESOS

Circumstances by reason of which change has occurred Exercise of Employees' Share Option Scheme ("ESOS")
Nature of interest Indirect Interest
Direct (units) 182,147,638
Direct (%) 25.265
Indirect/deemed interest (units) 1,390,000
Indirect/deemed interest (%) 0.193
Total no of securities after change 183,537,638
Date of notice 04 Mar 2021
Date notice received by Listed Issuer 04 Mar 2021


Remarks :
The total indirect shares of 1,390,000 are held as follows:-
(i) 1,000,000 ordinary shares are registered in the name of his spouse, Datin Chin Shea Swong, by virtue of Sections 8(4) and 197(1)(a) of the Companies Act 2016;
(ii) 40,000 ordinary shares are registered in the name of his son, Chew Vern Tat, by virtue of Sections 8(4) and 197(1)(a) of the Companies Act 2016; and
(iii) 350,000 ordinary shares are registered in the name of his sister, Chew Lean Mei, by virtue of Section 8(4)(c) of the Companies Act 2016.
Based on the enlarged total issued share capital of 720,960,580 ordinary shares.


Announcement Info

Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 04 Mar 2021
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-03032021-00001