"We have been given a year to build towards this new business. Our deadline is next February, which can be extended but we don't want to do that, " its managing director and chief executive officer Chew Chee Seng told reporters at its extraordinary general meeting on a proposed private placement exercise to raise RM40.41mil.
The issued and paid up share capital of Managepay stood at RM40.27mil consisting of 402,718,580 shares.
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