Brief: Vonex To Acquire Part Of MNFs Direct Business

Symbio Holdings

23/07/2021 02:32

July 23 (Reuters) - Vonex LTD  VN8.AX :
    * BINDING AGREEMENT TO ACQUIRE PART OF MNFS DIRECT BUSINESS
    * GOT COMMITMENTS FROM INVESTORS TO SUBSCRIBE FOR A
PLACEMENT OF
109.1 MILLION SHARES AT A$0.11 EACH TO RAISE A$12 MILLION BEFORE
COSTS
    * FUNDS FROM PLACEMENT TO PARTIALLY FUND TO ACQUIRE  PART OF
MNF
GROUP'S DIRECT BUSINESS

Source text for Eikon:  ID:nASX7pyYjr 
Further company coverage:  MNF.AX  VN8.AX 

 ((Reuters.Briefs@thomsonreuters.com;))