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News: VN8 Vonex To Acquire Part Of MNFs Direct Business

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    23/07/21
    11:35
    Post #: 54717395

    July 23 (Reuters) - Vonex LTD (VN8) :

    • 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
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