2 stories mentioning HKG:0862Updated 44d ago
Every FINWIRES story that references HKG:0862, newest first.
Vision Values (HKG:0862) offered to grant 103.7 million share options to certain participants of its incentive scheme.The options are exercisable into the same number of shares at HK$0.0476 apiece until May 6, 2036, according to a Thursday Hong Kong bourse filing from the investment holding company.
Vision Values (HKG:0862) plans to raise HK$200 million through subscriptions of convertible notes, according to a Monday Hong Kong bourse filing.Shares of the IT services company were down about 5% in Tuesday morning trade.The company entered into agreements with five subscribers to issue the 2026 convertible notes, with proceeds earmarked mainly for logistics expansion, including electric truck fleets, as well as gold exploration in Mongolia and working capital.Upon full conversion at an initial price of HK$0.042 per share, the notes could convert into about 5.19 billion new shares, representing about 132% of the company's existing issued share capital.Separately, Vision Values proposed a 10-for-1 share consolidation and a board lot change from 5,000 shares to 10,000 consolidated shares.
