Brief: Value Convergence To Placing Of New Shares And Convertible Bonds

Value Convergence Holdings

24/07/2020 16:06

July 24 (Reuters) - Value Convergence Holdings Ltd
 0821.HK :
    * TO PLACE UP TO 246 MILLION  PLACING SHARES AT A PRICE OF
HK$0.2
PER PLACING SHARE
    * PROPOSED TO PLACE CONVERTIBLE BONDS OF UP TO HK$52 MILLION
    * VC GLOBAL ENTERED JV AGREEMENT WITH VAST SEA AND SUCCESS
HEALTH
    * JV TO ESTABLISH JOINT VENTURE VEHICLE
    * SUCCESS HEALTH ENTERED LICENSE AGREEMENT WITH VAST SEA TO
MARKET
& SELL CORE INGREDIENTS IN FORM OF AVL-19

Source text for Eikon:  ID:nHKS7vzm9V 
Further company coverage:  0821.HK 

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