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OTHERS RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,369,132,778 NEW ORDINARY SHARES IN VIZIONE ("VIZIONE SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 4 FEBRUARY 2022 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 684,566,389 FREE DETACHABLE WARRANTS ("WARRANTS" OR "WARRANTS E") ON THE BASIS OF 1 WARRANT E FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS")

VIZIONE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description
RENOUNCEABLE RIGHTS ISSUE OF UP TO 1,369,132,778 NEW ORDINARY SHARES IN VIZIONE ("VIZIONE SHARES" OR "SHARES") ("RIGHTS SHARES") ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING SHARE HELD AS AT 5.00 P.M. ON 4 FEBRUARY 2022 ("ENTITLEMENT DATE"), AT AN ISSUE PRICE OF RM0.08 PER RIGHTS SHARE TOGETHER WITH UP TO 684,566,389 FREE DETACHABLE WARRANTS ("WARRANTS" OR "WARRANTS E") ON THE BASIS OF 1 WARRANT E FOR EVERY 2 RIGHTS SHARES SUBSCRIBED FOR ("RIGHTS ISSUE OF SHARES WITH WARRANTS")
On behalf of the Board of Directors of Vizione, TA Securities Holdings Berhad wishes to announce that no adjustments will be made to the Warrants C pursuant to the Rights Issue of Shares with Warrants as the Warrants C are expiring on 4 February 2022. The number of adjustment Warrants C will only be determined when the number of Rights Shares subscribed have been determined, which will be after the closing date for subscription of the Rights Shares with Warrants (“Closing Date”). The Closing Date of 21 February 2022 is after the expiry date of Warrants C of 4 February 2022.

The announcement is dated 14 January 2022.





Announcement Info

Company Name VIZIONE HOLDINGS BERHAD
Stock Name VIZIONE-WC
Date Announced 14 Jan 2022
Category General Announcement for PLC
Reference Number GA1-14012022-00065


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