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Vision Values Holdings Ltd. — Capital/Financing Update 2017
Feb 24, 2017
49521_rns_2017-02-24_fd28241c-608f-4a56-92a5-c974e0f9f357.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 appears for information purposes only and does not constitute an invitation or offer to sell, dispose, acquire, purchase or subscribe for securities in the Company and neither this announcement nor anything herein forms the basis for any contract or commitment whatsoever.
VISION VALUES HOLDINGS LIMITED 遠見控股有限公司
(Incorporated in the Cayman Islands with limited liability)
(Stock code: 862)
RIGHTS ISSUE ON THE BASIS OF ONE RIGHTS SHARE FOR EVERY TWO EXISTING SHARES HELD ON THE RECORD DATE
COMMENCEMENT OF DEALINGS IN THE SHARES ON AN EX-RIGHTS BASIS
Reference is made to the announcement of Vision Values Holdings Limited (the “ Company ”) dated 24 January 2017 (the “ Announcement ”) in relation to the proposed rights issue of the Company on the basis of one Rights Share for every two existing Shares held on the Record Date. Unless provided otherwise, capitalised terms used in this announcement shall have the same meanings as those defined in the Announcement.
In accordance with the expected timetable of the Rights Issue as set out in the Announcement, the last day of dealings in the Shares on a cum-rights basis was Friday, 24 February 2017. The closing market price per Share as quoted in the daily quotation sheets of the Stock Exchange on Friday, 24 February 2017 was HK$0.385.
Dealings in the Shares on an ex-rights basis shall commence on Monday, 27 February 2017.
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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 Tang Chi Kei Company Secretary
Hong Kong, 24 February 2017
As at the date of this announcement, the Board comprises six Directors including Mr. Lo Lin Shing, Simon and Mr. Ho Hau Chong, Norman as executive Directors, Mr. Lo, Rex Cze Kei as non-executive Director and Mr. Tsui Hing Chuen, William JP, Mr. Lau Wai Piu and Mr. Lee Kee Wai, Frank as independent non-executive Directors.
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