General Announcement for PLC
09/06/2021NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 142,093,116 NEW ORDINARY SHARES OF MPAY ("SHARES") REPRESENTING APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF MPAY ("PRIVATE PLACEMENT")
MANAGEPAY SYSTEMS BERHAD |
Type | Announcement |
Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
Description | MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 142,093,116 NEW ORDINARY SHARES OF MPAY ("SHARES") REPRESENTING APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF MPAY ("PRIVATE PLACEMENT") |
We refer to the previous announcements made in relation to the Private Placement (“Announcements”). For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcements unless otherwise defined herein. On behalf of the Board, Mercury Securities wishes to announce that the Board had, on 9 June 2021 (“Price Fixing Date”), fixed the issue price at RM0.207 per Placement Share (“Issue Price”) for the 3rd tranche placement. The Issue Price represents a discount of 10% to the 5-day VWAMP of the Shares up to and including 8 June 2021, being the last full trading day immediately prior to the Price Fixing Date, of RM0.230 per Share. This announcement is dated 9 June 2021. |
Announcement Info
Company Name | MANAGEPAY SYSTEMS BERHAD |
Stock Name | MPAY |
Date Announced | 09 Jun 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-09062021-00067 |
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