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Vision Values Holdings Ltd. — Capital/Financing Update 2013
Jun 26, 2013
49521_rns_2013-06-26_981bb7b0-0227-40a6-9d0a-f596adae12a1.pdf
Capital/Financing Update
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for any securities of the Company.
VISION VALUES HOLDINGS LIMITED
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 862)
RIGHTS ISSUE ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY TWO SHARES HELD ON THE RECORD DATE
COMMENCEMENT OF DEALINGS IN THE SHARES ON AN EX-ENTITLEMENT BASIS
Reference is made to the announcement of Vision Values Holdings Limited (the ‘‘Company’’) dated 13 June 2013 (the ‘‘Announcement’’) in relation to the proposed rights issue of the Company on the basis of one Rights Share for every two Shares held on the Record Date. Unless provided otherwise, capitalized terms used in this announcement shall have the same meanings as those defined in the Announcement.
Pursuant to the expected timetable of the Rights Issue as stated in the Announcement, the last day of dealings in the Shares on a cum-entitlement basis was Wednesday, 26 June 2013. The closing market price per Share as quoted in the daily quotation sheets of the Stock Exchange on Wednesday, 26 June 2013 was HK$0.118.
Dealings in the Shares on an ex-entitlement basis shall commence on Thursday, 27 June 2013.
Shareholders and potential investors are advised to exercise caution when dealing in the Shares and, if they are in any doubt about their position, they should consult their professional advisers. Any Shareholders or other persons dealing in the Shares up to the date on which all the conditions to which the Rights Issue is subject are fulfilled or waived (as applicable) (and the date on which the Underwriter’s right of termination of the Underwriting Agreement ceases) and any persons dealing in the nil-paid Rights Shares during such period will accordingly bear the risk that the Rights Issue may not become unconditional or may not proceed.
By Order of the Board Vision Values Holdings Limited Lo Lin Shing, Simon Chairman
Hong Kong, 26 June 2013
As at the date of this announcement, the Board comprises five Directors, of which Mr. Lo Lin Shing, Simon and Mr. Ho Hau Chong, Norman are executive Directors, Mr. Tsui Hing Chuen, William JP, Mr. Lau Wai Piu and Mr. Lee Kee Wai, Frank are independent non-executive Directors.