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Corporate Announcement
 
General Announcement
Reference No CC-130517-42088
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Company Name MANAGEPAY SYSTEMS BERHAD (ACE Market)
Stock Name MPAY
Date Announced 20/05/2013
 
Admission Sponsor RHB Investment Bank Bhd
Sponsor Same as above
Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description ManagePay Systems Berhad (“ManagePay” or the “Company”) - Memorandum of Understanding entered into between ManagePay Services Sdn Bhd (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 announcement on 8 March 2012, 23 May 2012, 28 August 2012, 19 November 2012 and 19 February 2013 in relation to the MOU for the setting up of a two-way China-Malaysia e-commerce platform.

The Board of Directors of ManagePay wishes to inform that save for exchanging of technical information between the two parties, there has been no development on the MOU since the last announcement on 19 February 2013.

The Company will provide an update if there is any further material development in respect of the MOU.

This announcement is dated 20 May 2013.

 
 
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