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


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