General Announcement for PLC
23/11/2020PROVISION 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 30 September 2020 provided by its wholly-owned subsidiary, ManagePay Resources Sdn. Bhd., a licensed money lending company, for the third quarter ended 30 September 2020 was RM49,052.69.
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 30 September 2020.
Earnings There is no material impact on the earnings per share for the quarter ended 30 September 2020.
Net Assets (“NA”) There is no impact on the NA of MPay for the quarter ended 30 September 2020.
This announcement is dated 23 November 2020.
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Announcement Info
Company Name | MANAGEPAY SYSTEMS BERHAD |
Stock Name | MPAY |
Date Announced | 23 Nov 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-23112020-00021 |