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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| E-Pay Asia | LSE:EPY | London | Ordinary Share | AU000000EPY3 | ORD NPV |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.75 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:0363G
e-pay Asia Limited
22 October 2007
ASX / AIM: EPY
e-pay Asia Limited
("e-pay Asia," the "Company" or the "Group")
Business Update
Following a review of e-pay Asia's business, as detailed in the trading update
of 11th July, the Board has decided to close its Indonesian operations. This
decision was taken as a result of the increasing complexities and challenges
faced by the Company operating within Indonesia.
The guidance provided to the market in its interim results announcement of 31st
August 2007 with regards to full year expectations remains unchanged.
e-pay Asia's core business in Malaysia continues to perform well and good
progress is being made towards entering new markets, which will provide the
Company with significant opportunities.
The Board remains confident of future prospects with further announcements
regarding new markets expected in due course.
For more information:
Australia
Jack Tan, Company Secretary e-pay Asia +614 1828 6266 / +612 9283 8835
Limited
jtan@epay-asia.com
--------------------
Asia / Americas
Tan Yap Seng, Corporate e-pay Asia +6017 229 1616 / +603 5632 2488
Affairs Limited
investor@epay-asia.com
------------------------
UK / Europe
David Newton, NOMAD Seymour Pierce +44 20 7107 8336
davidnewton@seymourpierce.com
-------------------------------
Shane Dolan Biddicks +44 20 7448 1000
shane.dolan@biddicks.co.uk
----------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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