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MC Payment to raise some $6.4 million on proposed placement of up to 16 mil shares

Felicia Tan
Felicia Tan3/8/2021 01:06 PM GMT+08  • 2 min read
MC Payment to raise some $6.4 million on proposed placement of up to 16 mil shares
The issue price of each placement share will be at 40 cents.
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MC Payment, which was formerly known as Artivision Technologies, is seeking to raise $6.4 million through the proposed placement of up to 16 million new ordinary shares in the capital of the company.

The issue price of each placement share will be at 40 cents.

The placement agreement was entered into with OCBC Securities on March 8.

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