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Corporate Announcement
 
General Announcement
Reference No CC-150205-DF497
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Company Name MANAGEPAY SYSTEMS BERHAD (ACE Market)
Stock Name MPAY
Date Announced 13/02/2015
 
Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description ManagePay Systems Berhad (“ManagePay” or the “Company”)
- Memorandum of Understanding entered into between ManagePay Services Sdn Bhd ("MPSB") (formerly known as Multimedia Prospect Sdn Bhd), a wholly-owned subsidiary of ManagePay, and China B-TO-B Holdings Limited (“MOU”)
 

Reference is made to ManagePay’s announcements on 8 March 2012, 23 May 2012, 28 August 2012, 19 November 2012, 19 February 2013, 20 May 2013, 12 August 2013, 22 November 2013, 24 February 2014, 21 May 2014, 19 August 2014 and 18 November 2014 in relation to the MOU for the setting up of a two-way China-Malaysia e-commerce platform.

The MOU is in force for 3 years from the date the MOU was signed, which was on 8 March 2012. MPSB does not wish to extend the MOU and therefore, it will lapse on 8 March 2015.

This announcement is dated 13 February 2015.

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