General Announcement for PLC
30/07/2020NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY") PROPOSED 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 ("PROPOSED 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") PROPOSED 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 ("PROPOSED PRIVATE PLACEMENT") |
On behalf of the Board of Directors of MPay (“Board”), Kenanga Investment Bank Berhad (“Kenanga IB”) wishes to announce that the Company proposes to undertake a private placement of up to 142,093,116 new MPay Shares (“Placement Shares”), representing approximately 20% of the existing number of issued shares of MPay (excluding treasury shares, if any).
Please refer to the attachment below for further details.
This announcement is dated 30 July 2020. |
Please refer attachment below.
Attachments |
Announcement Info
Company Name | MANAGEPAY SYSTEMS BERHAD |
Stock Name | MPAY |
Date Announced | 30 Jul 2020 |
Category | General Announcement for PLC |
Reference Number | GA1-30072020-00021 |
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