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(Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the announcement dated 7 February 2014).
Reference is made to the announcements dated 7 February 2014, 11 February 2014, 12 February 2014, 20 February 2014, 6 March 2014, 10 March 2014 in relation to the Private Placement.
On behalf of the Board of Directors of ManagePay (“Board”), RHB Investment Bank Berhad wishes to announce that the Private Placement has been deemed completed on 18 June 2014, being the expiry date of the approval obtained from the shareholders of ManagePay at the last Annual General Meeting (“AGM”) held on 18 June 2013 authorising the Board to issue new ManagePay Shares not exceeding ten percent (10%) of the issued and paid-up share capital of the Company as at the date thereof pursuant to Section 132D of the Companies Act, 1965 and the approval is valid until the next AGM.
We wish to inform the shareholders of ManagePay that 36,606,200 Placement Shares have been issued and allotted pursuant to the Private Placement.
This announcement is dated 18 June 2014.
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