NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY") PLACEMENT OF UP TO 98,176,400 NEW ORDINARY SHARES OF MPAY ("MPAY SHARES" OR "SHARES") REPRESENTING APPROXIMATELY 10% OF MPAY'S ISSUED SHARES ("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")
PLACEMENT OF UP TO 98,176,400 NEW ORDINARY SHARES OF MPAY ("MPAY SHARES" OR "SHARES") REPRESENTING APPROXIMATELY 10% OF MPAY'S ISSUED SHARES ("PLACEMENT") |
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We refer to the announcements made on 28 July 2023, 3 August 2023, 15 September 2023, 18 September 2023, 21 September 2023, 15 February 2024 and 4 March 2024 in relation to the Placement (“Announcements”). Unless otherwise stated, all defined terms and abbreviations used in this announcement shall carry the same meaning as those previously defined in the Announcements.
On behalf of the Board of MPay, Mercury Securities Sdn Bhd wishes to announce that Bursa Securities had, vide its letter dated 2 April 2024, approved MPay’s application for an extension of time of 6 months up to 19 September 2024 to complete the implementation of the Placement.
This announcement is dated 3 April 2024.
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Announcement Info
| Company Name | MANAGEPAY SYSTEMS BERHAD |
| Stock Name | MPAY |
| Date Announced | 03 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-03042024-00046 |