General Announcement for PLC

11/03/2021

NEW 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 ("MPAY SHARE(S)" OR "SHARE(S)") 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 ("MPAY SHARE(S)" OR "SHARE(S)") REPRESENTING APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF MPAY ("PRIVATE PLACEMENT")

We refer the announcement made on 30 July 2020, 10 August 2020, 10 September 2020, 18 September 2020, 14 December 2020 and 3 March 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definition set out in the Announcements shall apply herein.

 

On behalf of the Board, Kenanga IB wishes to announce that Bursa Securities had, vide its letter dated 10 March 2021 resolved to grant MPay an extension of time of 6 months until 17 September 2021 to complete the implementation of the Private Placement.

 

This announcement is dated 11 March 2021.



Announcement Info

Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 11 Mar 2021
Category General Announcement for PLC
Reference Number GA1-10032021-00084


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