VIZIONE-WD

0.010

(%)

Listing Information & Profile

Profile for Securities of PLC

VIZIONE HOLDINGS BERHAD

Instrument Category Securities of PLC
Instrument Type Warrants
Description
BONUS ISSUE OF 302,716,379 NEW WARRANTS IN VIZIONE HOLDINGS BERHAD ("VIZIONE" OR THE "COMPANY") ("WARRANTS D") ON THE BASIS OF 2 WARRANTS D FOR EVERY 5 EXISTING ORDINARY SHARES IN VIZIONE ("VIZIONE SHARES" OR "SHARES") HELD BY ENTITLED SHAREHOLDERS OF VIZIONE AT 5.00 P.M. ON 19 AUGUST 2020 ("BONUS ISSUE OF WARRANTS")
Listing Date 01 Sep 2020
Issue Date 25 Aug 2020
Issue/ Ask Price Not Applicable
Issue Size Indicator Unit
Issue Size in Unit 302,716,379
Maturity Mandatory
Maturity Date 24 Aug 2023
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period 3.00   Year(s)
Revised Exercise/Conversion Period  
Exercise/Strike/Conversion Price Malaysian Ringgit (MYR)   0.3200
Revised Exercise/Strike/Conversion Price  
Exercise/Conversion Ratio 1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price Cash
Settlement Type/ Convertible into Physical (Shares)



Remarks :
Each Warrant D carries the entitlement to subscribe for 1 new Share at the exercise price of RM0.32 at any time during the exercise period (as indicated above) ("Exercise Period"), subject to any adjustments that may be made from time to time in accordance with the provisions of the deed poll constituting the Warrants D dated 18 August 2020. Any Warrant D not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose and shall be cancelled and treated to have been cancelled forthwith.

If the maturity date of the Warrants D falls on a non-market day, then it will fall on the preceding market day.

This announcement is dated 28 August 2020.


Announcement Info

Company Name VIZIONE HOLDINGS BERHAD
Stock Name VIZIONE-WD
Date Announced 28 Aug 2020
Category Listing Information and Profile
Reference Number LIP-27082020-00001