Menu
Menu
e-pay Asia (ASX:EPY) raises $1.6m from rights issue

e-pay Asia (ASX:EPY) raises $1.6m from rights issue

Electronic payments company e-Pay Asia (ASX:EPY) has revealed it raised $1.6 million from a recent rights issue – an acceptance rate of around 62%.

The 10.8 million share shortfall will be allocated to underwriters Centurion Portfolio.

The new shares are expected to be allocated to shareholders on September 1.

EPY shares are today trading 6.06% higher at $0.105, in the afterglow of yesterday's revelation it had more than doubled its FY10 profit.

Join the CIO Australia group on LinkedIn. The group is open to CIOs, IT Directors, COOs, CTOs and senior IT managers.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags e-pay Asiarights issuecapital raisingASX:EPY

Show Comments
Computerworld
ARN
Techworld
CMO