PETALING JAYA: The private placement exercise by Managepay Systems Bhd (Mpay) has attracted investors such as former Hong Leong Financial Group Bhd CEO Datuk Yvonne Chia and Fajarbaru Builder Group Bhd chairman Tan Sri Kuan Peng Ching @ Kuan Peng Soon.
The placement entails an issuance of up to 175.71 million shares, which represents 30% of its existing issued and paid-up share capital to third party investors at an issue price of 23 sen.
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