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Managepay Systems Bhd Announces Acquisition of Three Companies


Thursday, 17 Jan 2013 11:49pm EST 

Managepay Systems Bhd announced that the Company had on 18 January 2013 acquired the entire issued and paid-up share capital in three companies, MPC, MPR and MPI, from Mr. Chew Chee Seng and Ms. Chin Shea Swong. The three companies were incorporated on November 2, 2012, with issued and paid-up share capital of two ordinary shares of MYR 1 each, for the purchase consideration of MYR 2 each. MPC, MPR and MPI are engaged in the businesses of deploying connectivity infrastructure and terminal equipment for electronic payment, providing outsource and incubation services to support the development of start-up and fledging companies and providing consultancy services in respect of e-commerce and e-business, respectively. 

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