VIZIONE
Share Consolidation
VIZIONE HOLDINGS BERHAD |
EX-date | 15 Oct 2018 |
Entitlement date | 17 Oct 2018 |
Entitlement time | 05:00 PM |
Entitlement subject | Share Consolidation |
Entitlement description | BOOKS CLOSURE DATE FOR THE CONSOLIDATION OF EVERY 7 ORDINARY SHARES IN VIZIONE HOLDINGS BERHAD ("VIZIONE" OR THE "COMPANY") ("SHARES") INTO 1 SHARE ("CONSOLIDATED SHARE") AT 5.00P.M. ON 17 OCTOBER 2018 ("SHARE CONSOLIDATION") ("BOOKS CLOSURE DATE") |
Period of interest payment | to |
Financial Year End | 31 May 2018 |
Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
Registrar or Service Provider name, address, telephone no | SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Tel:0362011120 Fax:0362013121 |
Payment date | |
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 17 Oct 2018 |
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
Number of new shares/securities issued (units) (If applicable) | |
Entitlement indicator | Ratio |
Ratio | 7 : 1 |
Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.000 |
Par Value (if applicable) |
Remarks : |
Arising from the migration to the no par value regime under the Companies Act 2016, par value is no longer relevant. The actual number of Consolidated Shares to be issued would depend on the issued share capital of Vizione on the Books Closure Date. The fractional entitlements arising from the Share Consolidation shall be dealt with by the Board of Directors of the Company ("Board") in such manner as the Board in its absolute discretion as it may deem fit or expedient and in the best interest of the Company. The Consolidated Shares will be listed and quoted on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") on 18 October 2018, being the next market day following the Books Closure Date. The notice of allotment for the Share Consolidation will be despatched to the entitled shareholders not later than 4 market days after the date of listing and quotation of the Consolidated Shares on Bursa Securities. This announcement is dated 2 October 2018. |
Announcement Info
Company Name | VIZIONE HOLDINGS BERHAD |
Stock Name | VIZIONE |
Date Announced | 02 Oct 2018 |
Category | Entitlement(Notice of Book Closure) |
Reference Number | ENT-02102018-00002 |