RENOUNCEABLE RIGHTS ISSUE OF UP TO 731,626,800 NEW ORDINARY SHARES OF RM0.10 EACH IN VIZIONE ("VIZIONE SHARES") ("RIGHTS SHARES")
ON THE BASIS OF TWO (2) RIGHTS SHARES FOR EVERY ONE (1) EXISTING VIZIONE SHARE HELD AS AT 5.00 P.M. ON 27 DECEMBER 2016 AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE,
TOGETHER WITH UP TO 365,813,400 FREE DETACHABLE NEW WARRANTS ("WARRANTS-C") ON THE BASIS OF ONE (1) WARRANT-C FOR EVERY TWO (2) RIGHTS SHARES SUBSCRIBED BY THE ENTITLED SHAREHOLDERS ("RIGHTS ISSUE WITH WARRANTS")
We refer to the announcements dated 30 July 2014, 12 September 2014, 30 September 2014, 17 February 2015, 13 November 2015, 25 February 2016, 21 April 2016, 25 April 2016, 26 May 2016, 16 June 2016 and 12 August 2016, 16 August 2016, 17 August 2016, 7 November 2016 and 25 November 2016 (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of the Board, TA Securities wishes to announce that Vizone had on today executed a deed poll constituting the Warrants-C.
In addition, the Company has resolved to fix the following:
(i) the issue price of Rights Shares at RM0.10 each; and
(ii) the exercise price of Warrants-C at RM0.10 each.
Despatch date 29 Dec 2016
Date for commencement of trading of rights 28 Dec 2016
Date for cessation of trading of rights 05 Jan 2017
Date for announcement of final subscription result and basis of allotment of excess Rights Securities 19 Jan 2017
Hi All. Im newbie here. Got a question. Vizione share price currently at 0.150 and the rights share price will be 0.10. Is it better to sell the rights share or convert it to mother share?
PennyStock123 Hi All. Im newbie here. Got a question. Vizione share price currently at 0.150 and the rights share price will be 0.10. Is it better to sell the rights share or convert it to mother share? 14/12/2016 10:02
1) The Right commence of trading : 10 Jan 2017 2) The Date of Despatch of the Prospectus and Provisional Allotment Letter of Offer : 11 Jan 2017 3) The last day and time for Acceptance, Renunciation and Payment : 24 Jan 2017 4) The Rights cessation quotation : 17 Jan 2017
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Gummy88
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Posted by Gummy88 > 2016-12-09 12:08 | Report Abuse
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