General Announcement for PLC
19/05/2021PROVISION OF FINANCIAL ASSISTANCE
MANAGEPAY SYSTEMS BERHAD |
Type | Announcement |
Subject | PROVISION OF FINANCIAL ASSISTANCE |
Description | MANAGEPAY SYSTEMS BERHAD ("MPay" or "the Company") - Provision of Financial Assistance |
Pursuant to Rule 8.25(1) and Guidance Note 4 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of MPay wishes to announce the aggregate amount of financial assistance as at 31 March 2021 provided by its wholly-owned subsidiary, ManagePay Resources Sdn. Bhd., a licensed money lending company, for the first quarter ended 31 March 2021 was RM12,306,173.50.
FINANCIAL IMPACT Share Capital The provision of financial assistance has no effect on the share capital and shareholding structure of MPay Group for the quarter ended 31 March 2021.
Earnings There is no material impact on the earnings per share for the quarter ended 31 March 2021.
Net Assets (“NA”) There is no impact on the NA of MPay for the quarter ended 31 March 2021.
This announcement is dated 19 May 2021. |
Announcement Info
Company Name | MANAGEPAY SYSTEMS BERHAD |
Stock Name | MPAY |
Date Announced | 19 May 2021 |
Category | General Announcement for PLC |
Reference Number | GA1-18052021-00077 |