Adjustment
[VIZIONE-WD] Adjustment on 03-Feb-2022
Announcement Date: 14-Jan-2022
FY: 30-Nov-2022
Amount
0.3573 : 1.0000
- Ex Date03-Feb-2022
- Entitlement Date04-Feb-2022
Description
ADJUSTMENTS TO THE EXERCISE PRICE AND NUMBER OF OUTSTANDING WARRANTS 2020/2023 IN VIZIONE HOLDINGS BERHAD (VIZIONE) AS CONSTITUTED BY THE DEED POLL DATED 18 AUGUST 2020 (DEED POLL) (WARRANTS D) PURSUANT TO THE 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")
About VIZIONE HOLDINGS BERHAD
Vizione Holdings Bhd is an investment holding company. It is engaged in the business of property development, construction and property investment business. The company's segments include Construction and Investment holding. The Construction segment is engaged in sub-contracting of the electrical, building and civil works for the construction projects. How to be entitled
To be entitled for any of the above, you need to purchase the shares one trading day before the ex-Date. You will not be entitled for the above if you purchase the shares on or after the ex-Date. On ex-Date, the price will be adjusted to reflect the theoretical market price of the stock after the entitlement. You can sell the shares on / after ex-Date and still be entitled to the corporate exercise. The key is to purchase the shares before ex-Date.
How to subscribe
Shareholders that fulfill the requirement above will need to fill in and submit the right subscription form to the share registrar: Market Buzz
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