VIZIONE
Rights Issue
| VIZIONE HOLDINGS BERHAD |
| Entitlement subject | Rights Issue |
| Type | Renounceable |
| Entitlement 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") |
| Ex-Date | 03 Feb 2022 |
| Entitlement date | 04 Feb 2022 |
| Entitlement time | 5:00 PM |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 04 Feb 2022 |
| 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) |
|
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 0.0800 |
| Par Value (if applicable) | |
| Entitlement indicator | Ratio |
| Entitlement Details | |
| Company Name | VIZIONE HOLDINGS BERHAD |
| Entitlement | Ordinary Rights |
| Ratio (New:Existing) | 1.0000 : 1.0000 |
| Rights Crediting Date | 04 Feb 2022 |
| Fractional Entitlement | Round Down / Fraction Disregard |
| Registrar or Service Provider name, address, telephone no |
SHAREWORKS SDN BHD No. 2-1, Jalan Sri Hartamas 8 Sri Hartamas 50480 Kuala Lumpur Wilayah Persekutuan Malaysia Tel:0362011120 Fax:0362013121 |
| Remarks : |
The abridged prospectus, together with the rights subscription form and the notice of provisional allotment relating to the Rights Issue of Shares with Warrants (collectively referred to as Documents) will only be despatched to the shareholders of the Company who have registered addresses in Malaysia and whose names appear in the Companys Record of Depositors as at the Entitlement Date (Entitled Shareholders). Entitled Shareholders who do not have a registered address in Malaysia and wish to provide their Malaysian address, should inform their respective stockbrokers or ShareWorks Sdn Bhd to effect the change of address by the Entitlement Date. The Documents are not intended to be (and will not be) issued, circulated or distributed in any countries or jurisdictions other than Malaysia. No action has or will be taken to ensure that the Rights Issue of Shares with Warrants and the Documents comply with the laws of any countries or jurisdictions other than the laws of Malaysia. The Documents will be despatched to the Entitled Shareholders no later than 2 market days after the Entitlement Date. Holders of Warrants 2017/2022 and Warrants 2020/2023 in the Company who wish to be entitled to the Rights Issue of Shares with Warrants as the Companys shareholders shall exercise their rights to subscribe for the new Vizione Shares by lodging their duly completed exercise forms together with the relevant subscription monies with the Share Registrar of Vizione (at the address stated above) on or before 5.00 p.m. on Friday, 21 January 2022, such that their names will appear on the Record of Depositors of the Company at 5.00 p.m. on the Entitlement Date. This announcement is dated 14 January 2022. |
Announcement Info
| Company Name | VIZIONE HOLDINGS BERHAD |
| Stock Name | VIZIONE |
| Date Announced | 14 Jan 2022 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-14012022-00006 |
| Corporate Action ID | MY220114RHDI0002 |