VIZIONE-LA

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VIZIONE-LA - Notice of Book Closure

VIZIONE HOLDINGS BERHAD


ADJUSTMENTS TO THE CONVERSION PRICE OF THE ICULS IN ACCORDANCE WITH THE PROVISIONS OF THE TRUST DEED DATED 30 JUNE 2011 PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 731,626,800 NEW ORDINARY SHARES OF RM0.10 EACH IN VIZIONE ("VIZIONE SHARES") ("RIGHTS SHARES") ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING VIZIONE SHARE HELD AS AT 5.00 P.M. ON 27 DECEMBER 2016 ("ENTITLEMENT DATE") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE, TOGETHER WITH UP TO 365,813,400 FREE DETACHABLE NEW WARRANTS ("WARRANTS-C") ON THE BASIS OF ONE (1) WARRANT-C FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED BY THE ENTITLED SHAREHOLDERS ("RIGHTS ISSUE WITH WARRANTS")
 

Kindly be advised of the following : 

1)  The above Company's securities will be traded and quoted "Ex - Adjustment” as from: 22 Dec 2016
2)  The last date of lodgment : 27 Dec 2016

Remarks;

The holders of the ICULS whose names appear in the Record of Depositors of Vizione as at 5.00 p.m. on 27 December 2016 ("Entitlement Date") ("Entitled ICULS Holders") shall accordingly be entitled to the adjustment to the conversion price of the ICULS in accordance with the provisions of the trust deed dated 30 June 2011 pursuant to the Rights Issue ("Adjustment"). The conversion price of the ICULS shall be adjusted from RM0.20 to RM0.19. The Adjustment shall take effect on Wednesday, 28 December 2016, being the next Market Day following the Entitlement Date. The notice setting out the Adjustment will be despatched to the Entitled ICULS Holders within 7 days from the effective date of the Adjustment. No action is required on the part of the Entitled ICULS Holders in respect of the Adjustment.


Announcement Info

Company Name VIZIONE HOLDINGS BERHAD
Stock Name VIZIONE-LA
Date Announced 15 Dec 2016
Category Listing Circular
Reference Number ILC-15122016-00005