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Circular/Notice to Shareholders

VIZIONE HOLDINGS BERHAD

Subject CIRCULAR TO SHAREHOLDERS IN RELATION TO THE (I) PROPOSED VARIATION OF THE UTILISATION OF PROCEEDS RAISED FROM THE PRIVATE PLACEMENT WHICH WAS COMPLETED ON 2 JUNE 2021 TO THE CURRENT INTENDED UTILISATION ("PROPOSED VARIATION"); (II) PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF VIZIONE AND ITS SUBSIDIARIES ("VIZIONE GROUP" OR "GROUP") TO INCLUDE MANUFACTURING AND TRADING OF RUBBER GLOVES AND CONDOMS ("GLOVES AND CONDOMS BUSINESS") ("PROPOSED DIVERSIFICATION"); AND (III) PROPOSED 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 ON AN ENTITLEMENT DATE TO BE DETERMINED LATER ("ENTITLEMENT DATE"), 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 ("PROPOSED RIGHTS ISSUE OF SHARES WITH WARRANTS")


Please refer attachment below.

Attachments

Vizione Circular.pdf
1.9 MB



Announcement Info

Company Name VIZIONE HOLDINGS BERHAD
Stock Name VIZIONE
Date Announced 07 Oct 2021
Category Document Submission
Reference Number DCS-07102021-00015




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