General Announcement for PLC
02/09/2021NEW 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 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 REPRESENTING APPROXIMATELY 20% OF THE TOTAL NUMBER OF ISSUED SHARES OF MPAY ("PRIVATE PLACEMENT") |
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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 Company had on 2 September 2021 received a Subscription Notice and the Subscription Payment Amount from Macquarie Bank for 3,000,000 Placement Shares at the issue price of RM0.27 per Placement Share. Accordingly, the Company had on the same date allotted and issued the Placement Shares to Macquarie Bank. The listing date for the Placement Shares is expected to be on 6 September 2021. This announcement is dated 2 September 2021. |
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Announcement Info
| Company Name | MANAGEPAY SYSTEMS BERHAD |
| Stock Name | MPAY |
| Date Announced | 02 Sep 2021 |
| Category | General Announcement for PLC |
| Reference Number | GA1-25082021-00026 |