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MULTIPLE PROPOSALS VIZIONE HOLDINGS BERHAD ("VIZIONE" OR THE "COMPANY") (I) PROPOSED SHARE CONSOLIDATION; AND (II) PROPOSED PRIVATE PLACEMENT (COLLETIVELY, THE "PROPOSALS")

VIZIONE HOLDINGS BERHAD

Type Announcement
Subject MULTIPLE PROPOSALS
Description
VIZIONE HOLDINGS BERHAD ("VIZIONE" OR THE "COMPANY")

(I)	PROPOSED SHARE CONSOLIDATION; AND 
(II)	PROPOSED PRIVATE PLACEMENT 

(COLLETIVELY, THE "PROPOSALS")
On behalf of the Board of Directors of the Company, TA Securities Holdings Berhad (“TA Securities”) wishes to announce that the Company wishes to undertake the following:

(i)   proposed consolidation of every 5 ordinary shares in Vizione (“Vizione Shares”) into 1 Vizione Share (“Proposed Share Consolidation”); and

(ii)  proposed private placement of up to 143,000,000 new Vizione Shares after the Proposed Share Consolidation to independent third-party investor(s) to be identified later and at an issue price to be determined later (“Proposed Private Placement”).

Further details of the Proposals are set out in the attachment below.


This announcement is dated 6 March 2024.

 




Please refer attachment below.



Announcement Info

Company Name VIZIONE HOLDINGS BERHAD
Stock Name VIZIONE
Date Announced 06 Mar 2024
Category General Announcement for PLC
Reference Number GA1-06032024-00060



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