December 22, 2016 / 2:07 PM / 9 months ago

BRIEF-Managepay Systems entered into MoU

Dec 22 (Reuters) - Managepay Systems Bhd :

* Co has entered into a non-legally binding memorandum of understanding with Credit China Fintech Holdings Limited

* MOU is not expected to have any material effect on EPS, net assets per share of co for fy ending 31 december 2016

* MOU in relation to the proposed partnership, with a focus on online P2P financing, mobile POS and E-money businesses.

* The initial phase of co-operation will focus on offering products and services in malaysia Source text: [ID:bit.ly/2ij9bZY] Further company coverage:

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