VIZIONE HOLDINGS BERHAD

KLSE (MYR): VIZIONE (7070)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.035 - 0.04

Trading Volume

2,184,400


11 people like this.

7,300 comment(s). Last comment by whistlebower99 3 days ago

Posted by ykchong108 > 2020-09-01 12:03 | Report Abuse

anyone using hlebroking ? i haven't received the WD

Yong IY

46 posts

Posted by Yong IY > 2020-09-01 12:07 | Report Abuse

hlebroking too... i haven't received the WD ... call to branch also nobody pick up the call ..

Yong IY

46 posts

Posted by Yong IY > 2020-09-01 12:13 | Report Abuse

just called hlebroking ...the WD will in our account by tomorrow..

stillloss

209 posts

Posted by stillloss > 2020-09-01 12:26 | Report Abuse

better change to others

Shines

2,794 posts

Posted by Shines > 2020-09-01 13:18 | Report Abuse

WD should be in yesterday

Yong IY

46 posts

Posted by Yong IY > 2020-09-01 13:37 | Report Abuse

newcorner1388 .... can i follow james ?

Posted by newcomer1388 > 2020-09-01 14:35 | Report Abuse

u can... go to james share investing on fb...

Yong IY

46 posts

Posted by Yong IY > 2020-09-01 14:47 | Report Abuse

do you have any link ?

Up_again

949 posts

Posted by Up_again > 2020-09-01 18:47 | Report Abuse

Change hlebroking to itrade

huatAH888

53 posts

Posted by huatAH888 > 2020-09-01 20:10 | Report Abuse

Good luck I wish to all manage to exit today! Because our rocketship was fueling up today..... Sayonara going to depart soon. ByeBye~ heeeheeeeeheeeeee

Posted by thestockoracle > 2020-09-01 20:13 | Report Abuse

any immediate catalyst as to why vizione will shoot up?

huatAH888

53 posts

Posted by huatAH888 > 2020-09-01 20:16 | Report Abuse

Sorry to say, rocketship to Mars is strictly confidential. Piu piu piu piu piu~ Here we go~

Posted by thestockoracle > 2020-09-01 20:22 | Report Abuse

which means none...so please do not mislead and speculate.

huatAH888

53 posts

Posted by huatAH888 > 2020-09-01 20:59 | Report Abuse

Hahahahaha~ Have or not have it does not matter to....... non shareholders~ Piu piu piu~

Posted by Firewood1313 > 2020-09-01 21:06 | Report Abuse

Glove

6222

344 posts

Posted by 6222 > 2020-09-01 21:13 | Report Abuse

Papar Dam project to go ahead, good news for Vizione

Posted by newcomer1388 > 2020-09-02 00:09 | Report Abuse

Ham7 those who don’t have confidence in vizione

Posted by Firewood1313 > 2020-09-02 00:28 | Report Abuse

2day news out.....0.50-0.60

charlie chia

2,151 posts

Posted by charlie chia > 2020-09-02 00:36 | Report Abuse

3billion project for papar dam
Shd jump higher to 70-80 Cts
Or limit up twice
1) 80 Cts
2) 1.10

Posted by thestockoracle > 2020-09-02 02:06 | Report Abuse

the news says it is only in the final stages of bidding has not won the project yet. don't sensationalise the story until it is a reality... same like vaccine no point has not materialise yet.

Posted by harryl33 > 2020-09-02 08:15 | Report Abuse

May i know what is the link or source for the news?

huatAH888

53 posts

Posted by huatAH888 > 2020-09-02 08:58 | Report Abuse

Hahahahahahahaha~ you don't come here to ask for so called "link/source". Nobody spoon feed you here. hahahahahahahahaha~ do homework~ Piu piu piu~

charlie chia

2,151 posts

Posted by charlie chia > 2020-09-02 09:14 | Report Abuse

highlighted in borneo post in 2019
also yesterday star new to revise back

vssv101

1 posts

Posted by vssv101 > 2020-09-02 09:24 | Report Abuse

The Papar dam contract required the state cabinet to approve, while there is no cabinet, no state parliament at the moment until the state election is done... logic of people are sometime funny...

huatAH888

53 posts

Posted by huatAH888 > 2020-09-02 09:37 | Report Abuse

Hahahahahaha~ stay tuned, will be right back after the break~

garychee8

405 posts

Posted by garychee8 > 2020-09-02 09:57 | Report Abuse

wait till State election over..if warisan wins then project will go on as the funding is from state coffer and not fr federal.

Posted by Firewood1313 > 2020-09-02 10:06 | Report Abuse

Not the Papar Dam news lah.....better news. Tonite news will be out.....2moro will go one more round. 0.60-0.70TP?

Posted by Belcashcow > 2020-09-02 10:19 | Report Abuse

no matter how, i will hold until 0.6, this is confirmed that tp0.6 can easily reach within week.

huatAH888

53 posts

Posted by huatAH888 > 2020-09-02 10:20 | Report Abuse

Hahahahahahahahaha~ We do not call such low price as "TP", we call them as "potential resistance". Piu piu piu~

High5

1,269 posts

Posted by High5 > 2020-09-02 10:33 | Report Abuse

Started to fly

garychee8

405 posts

Posted by garychee8 > 2020-09-02 11:15 | Report Abuse

sold 0.53..buy back later

Posted by Firewood1313 > 2020-09-02 11:44 | Report Abuse

Those were old news lah.....better one afternoon announce.

charlie chia

2,151 posts

Posted by charlie chia > 2020-09-02 11:55 | Report Abuse

Firewood sure hv good news to announce today

Posted by thestockoracle > 2020-09-02 12:17 | Report Abuse

what news?

Albukhary

3,001 posts

Posted by Albukhary > 2020-09-02 12:21 | Report Abuse

seems like really got news, plan to grab some

Posted by thestockoracle > 2020-09-02 12:31 | Report Abuse

what news? do not mislead please...if there is say it

ronniedem

37 posts

Posted by ronniedem > 2020-09-02 14:06 | Report Abuse

got news. wait it announce

Posted by bursahunter > 2020-09-02 14:07 | Report Abuse

the news is no news

huatAH888

53 posts

Posted by huatAH888 > 2020-09-02 14:16 | Report Abuse

@bursahunter, I like your statement beri beri much~ Piu piu piu~

Posted by thestockoracle > 2020-09-02 14:17 | Report Abuse

ronniedem@ how do you know? gut feel ? haha...

Posted by thestockoracle > 2020-09-02 14:18 | Report Abuse

huatAH888@ You are really a looney...talk like a kid more than an adult

garychee8

405 posts

Posted by garychee8 > 2020-09-02 14:44 | Report Abuse

announcement aside; one thing for sure is today due date for contra players..heavy volume

huatAH888

53 posts

Posted by huatAH888 > 2020-09-02 15:21 | Report Abuse

Hahahahahaha~ @thestockoracle, you are more like a lost puppy trying your luck finding tips here~ No free lunch in this world~ Do your own homework~ Piu piu piu~

kkl123

1,502 posts

Posted by kkl123 > 2020-09-02 17:43 | Report Abuse

warrant under value
mother up 10cents
son sure up 10cents or even 20cents only correct

kkl123

1,502 posts

Posted by kkl123 > 2020-09-02 17:51 | Report Abuse

conversion price 0.32
son 0.21
mother 0.505
maturity date 24aug 2023

6222

344 posts

Posted by 6222 > 2020-09-02 17:51 | Report Abuse

Vizione venture into glove, tomoro should move

Posted by 360Capitalist > 2020-09-02 17:52 | Report Abuse

Company : VIZIONE HOLDINGS BERHAD (“VHB”) or (“the Group”)
Subject : OTHERS
Description : EXECUTION OF HEADS OF AGREEMENT BETWEEN VIP INDEX SDN BHD AND ANG
TECK LEONG (“ANG”), LIM KIAT YEE (“LIM”) AND RAVENDRAN A/L UTHRAPATHY
(“RAVENDRAN”) (COLLECTIVELY THE “VENDORS”)
1. INTRODUCTION
The Board of Directors of VHB wishes to announce that its wholly owned subsidiary, VIP Index Sdn
Bhd (“VIP”) (Company No. 202001024252 (1380572-K) had on 2 September 2020 entered into a
Heads of Agreement (“HOA”) with the Vendors to acquire 2,307,754 ordinary shares in SSN
Medical Products Sdn Bhd (“SSN”), representing 51% of the total equity of SSN for a total
consideration of Five Million Ringgit (RM 5 million) in cash (“the Proposed Acquisition”).
2. SALIENT TERMS OF THE HOA
VIP shall acquire in cash the following shares of SSN from the Vendors for a total consideration of
RM5 million, representing in total 51% of the total equity of SSN.
Vendors No of Shares
Ang Teck Leong 2,019,285
Lim Kiat Yee 196,350
Ravendran A/L Uthrapathy 92,119
2,307,754
The Proposed Acquisition is conditional and subject to a financial and legal due diligence on SSN
to be undertaken by VIP to the sole satisfaction of VIP.
The parties herein shall within ninety (90) days following the date of the HOA or as the parties
may mutually agree upon (“Expiry Date”), enter into the definitive agreements in respect of the
Proposed Acquisition. VIP and the Vendor agree, covenant and undertake that they will not, and
will ensure that their related parties and corporations will not, directly or indirectly, initiate, solicit
or entertain any discussion, negotiation, agreement or arrangement or otherwise deal in any way
with any other person other than the other party in connection with the Proposed Acquisition or
any part thereof at any time prior to the Expiry Date.
3. INFORMATION ON SSN
SSN, Company No.: 199701026395 (441893-K), was incorporated in Malaysia with its registered
office in Annex A, Centre Court, 2nd Floor, Lot 2, Jalan Enggang, Kawasan Perindustrian PKNS,
Hulu Kelang 54200, Wilayah Persekutuan Kuala Lumpur.
Its principal activity is the manufactures and sale of latex and nitrile surgical as well as
examination gloves. It also manufacture male condoms. It also produces specialty gloves like
long arm gloves and high risk gloves, which are niche markets in which it is a significant player. It
has been in operation for 21 years where it has garnered a reputation for its products.
It exports around 80% of its products with the bulk going to the United States of America,
China, Germany and other European Countries.
Presently it has 9 manufacturing lines with a total capacity of over 500 million gloves and 150
million condoms per annum. SSN intend to expand its capacity to well over 1 billion gloves with
new additional manufacturing lines to cater to demand for its products.
SSN is also exploring new opportunities in other high value added medical disposables.
4. INFORMATION ON THE VENDORS
Ang, age 41, is a businessman.
Lim, age 61, is a businessman.
Ravendran, age 58, is a businessman.
5. RATIONALE OF THE PROPOSED ACQUISITION AND FUNDING
According to the Malaysian Rubber Glove Manufacturers Association (MARGMA), approximately
187 billion units were produced in 2019 by around 200 factories belonging to its members.
Depending on the trajectory of the global pandemic, MARGMA anticipates international
demand could reach 345 billion units this year, compared to 298 billion units in 2019. Of this
total, Malaysia is aiming to export around 225 billion units.
This Proposed Acquisition will enable the Group to participate in this profitable sector and
diversify its earnings on a broader base of industries.
The Proposed Acquisition will be funded via internally generated funds and bank borrowings.
6. FINANCIAL EFFECTS
This Proposed Acquisition will not have any effect on the issued and paid-up share capital and
the substantial shareholders’ shareholdings of VHB as this Acquisition does not involve any
issuance of new shares in VHB.
6.1 Net assets (“NA”) and gearing
The Proposed Acquisition is not expected to have any major material effects on the NA and
gearing of the Group for the financial year ending 30 November 2020.
6.2 Earnings and EPS
Barring any unforeseen circumstances, the Proposed Acquisition is expected to contribute
positively to the earnings and earnings per share of the Group for the foreseeable future.

6.3 Convertible securities
The Proposed Acquisition is not expected to have any effect on the existing Warrants and
ICULS of VHB.
6.4 Highest Percentage Ratio
The highest percentage ratio applicable to the Acquisition pursuant to Paragraph 10.02(g) of
the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is approximately
0.868%.
7. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED WITH
THEM
None of the Directors and/or major shareholders of VHB and/or persons connected to them has
any interest, either direct or

amtheng

50 posts

Posted by amtheng > 2020-09-02 17:52 | Report Abuse

today vizion acquired 51% SSN Medical which manufacture latex, nitrile and examination gloves

Posted by thestockoracle > 2020-09-02 17:53 | Report Abuse

why la don't say earlier? i could have bought more...why?

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