Going over the numbers...this going to be huge!!!!!
MAVCAP, Malaysia’s Ministry of Finance invests in e-pay Asia
LONDON, 6 February 2006, e-pay Asia Limited (ASX/AIM stock code: EPY, “the Company”), a leading
provider of electronic payments and mobile top up services, announces that MAVCAP (Malaysia
Venture Capital Management Bhd), a wholly owned subsidiary of Malaysia’s Ministry of Finance has
become a significant shareholder of e-pay Asia Limited after acquiring approximately 8.9 million
ordinary shares representing 4.67% of the company’s total issued capital.
MAVCAP was incorporated on 19th April 2001 by the Government of Malaysia and was allocated
RM500 million (A$185 million) by the Minister of Finance Inc for investment in, nurturing and growing
the technology sector and the investing and growing of venture capital market in Malaysia.
“MAVCAP is one of Malaysia’s most prominent institutional investor and we are pleased to welcome
them as a major shareholder. We look forward to working with MAVCAP and the Minister of Finance Inc
to create shareholder value and growing our business in Malaysia”, said Jonathan Soon, e-pay Asia’s
Director of Corporate Affairs.
End.
For further information contact:
Jonathan Soon
e-pay Asia Limited
Director of Corporate Affairs
Email: [email protected]
ABOUT E-PAY ASIA
e-pay Asia Limited (“e-pay”), dual listed on the Australian Stock Exchange (ASX:EPY) and the AIM segment of the London Stock
Exchange (AIM:EPY), is the leading provider of electronic prepaid payments and top up services for prepaid mobile users in South East
Asia. Headquartered in Kuala Lumpur with its corporate office in Sydney, e-pay now operates in Malaysia, Indonesia, Pakistan and
Thailand with plans to expand into China, Vietnam, Singapore and the Philippines. For more information on e-pay Asia, please visit our
website www.e-payasia.com
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- looks good doesnt it
looks good doesnt it, page-6
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