Proposed Placement and the issue price of the Placement Shares shall be priced at up to 10% discount to the volume-weighted average market price of the Shares for the 5 market days immediately before the price-fixing date but will be no less than RM0.30 per Placement Share;
Good morning guys. Sustainability at the price range of 22-24 is a good sign. Perhaps, waiting for it to break 25 next week to c a real upper trend move. Hopefully it will gain the momentum from the digital banking news. Good luck and stay healthy guys
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Good price closing for today. Most probably next week will have some news on the digital banking licenses. Let's see how the price movement for next week before the announcement by BNM. Good luck everyone.
Everyday we are waiting for the digital banking news. No doubt Mpay is in collaboration with the big players on this, but to date, looks like not really favourable to Mpay. Well, who's know what will happen next. Still very cheap at 20c and hopefully can see a better uptrend when time comes.
"“We [actually] don’t need another licence, as we already have 12 and are already operating like a full-fledged non-bank financial institution. But we will apply for this [digital banking licence], as it will lower our cost of doing business,” by Founder and managing director Datuk Chew Chee Seng, The Edge June 2021.
Pada Julai tahun lepas, MPay mengumumkan bahawa anak syarikat milik penuhnya ManagePay Services Sdn Bhd pada 30 Jun 2021 telah mengemukakan permohonan untuk lesen bank digital kepada BNM, disokong oleh tiga rakan strategik dikawal bumiputera — Trustgate Bhd, Crescent Capital Sdn Bhd dan RichWorks International Sdn Bhd. Firma pelaburan dan perunding strategik Crescent Capital diasaskan dan diketuai oleh Tan Sri Mirzan Mahathir, anak kepada bekas perdana menteri Tun Dr Mahathir Mohamad, manakala RichWorks International diasaskan oleh Dr Azizan
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