Continue reading this on our app for a better experience

Open in App
Home News Catalist watch

MC Payment proposes name change to OxPay Financial

The Editor
The Editor • 2 min read
MC Payment proposes name change to OxPay Financial
MC Payment proposes name change to OxPay Financial
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

MC Payment announced on Aug 11 that it planned to change its name to OxPay Financial, subject to an EGM on Sept 2. The new identity follows from the formation of the new board after an EGM on June 30 where Ching Chiat Kwong, chairman and CEO of Oxley Holdings became non-executive chairman of MC Payment.

”The proposed change of name will enable the company to create a new identity for itself in the market as the group grows its business, as well as allow the business community and the public to better identify with the company under this new name moving forward,” MC Payment said in an SGX filing.


See: With dust from boardroom tussle settling, MC Payment appoints new managing director and CFO

Once the new name is effective, the company intends to change the names of its subsidiaries in order to adopt a consistent identity and thereafter undertake a rebranding exercise.

The proposed name change is subject to the approval of shareholders by way of a special resolution to be tabled at the EGM. The company’s application to reserve the new name “OxPay Financial Limited” has been approved by ACRA on July 7, 2021 and has been reserved for 120 days from the date of ACRA’s approval and no further extension of name reservation will be allowed thereafter.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.