General Announcement for PLC

29/08/2022

PROVISION 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 June 2022 provided by its wholly-owned subsidiary, ManagePay Resources Sdn. Bhd., a licensed money lending company, for the second quarter ended 30 June 2022 was RM24,513,527.13.

 

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 June 2022.

 

 

Earnings

There is no material impact on the earnings per share for the quarter ended 30 June 2022.

 

 

Net Assets (“NA”)

There is no impact on the NA of MPay for the quarter ended 30 June 2022. 

 

This announcement is dated 29 August 2022.



Announcement Info

Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 29 Aug 2022
Category General Announcement for PLC
Reference Number GA1-24082022-00017


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