MC Payment Limited (Catalist:TVV) announced a private placement of 10,000,000 shares at a price of SGD 0.4 per share for gross proceeds of SGD 4,000,000 on March 10, 2021. The transaction will include participation from group of investors including Toh Soon Huat, Lim Tiong Kheng, other high net worth clients of OCBC Securities, and Levin Lee. The company will receive net proceeds of SGD 3,200,000 in the transaction.