Brief: Vision Deal Hk Acquisition Signs Agreements Relating To De-Spac Transaction
08/12/2023 10:10
Dec 8 (Reuters) - Vision Deal HK Acquisition Corp
7827.HK :
* VISION DEAL SIGNED AGREEMENTS RELATING TO DE-SPAC
TRANSACTION
* DE-SPAC TRANSACTION WILL RESULT IN MERGER OF VISION DEAL
WITH
QUWAN HOLDING LTD
* HAS AGREED TO ACQUIRE AN AGGREGATE OF 6,286,210 QUWAN
HOLDING
SHARES FOR HK$298 MILLION
* PIPE INVESTORS TO SUBSCRIBE FOR 57.6 MILLION PIPE
INVESTMENT
SHARES FOR HK$576 MILLION FROM VISION DEAL
* SHARE TRANSFER TOTAL EQUITY VALUE APPROX HK$6,892 MILLION
Source text for Eikon: ID:nHKSbzR0wz
Further company coverage: 7827.HK
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