FilingReader Intelligence

Envision Greenwise acquires $22m trading rights, discloses compliance breach

July 28, 2025 at 05:02 PM UTCBy FilingReader AI

Envision Greenwise Holdings Limited acquired exclusive trading rights valued at $22m from Fortune Metal Group to market recyclable materials globally. The company will pay $20m by issuing 19.7m new shares, representing 1.41% of enlarged share capital.

The company also disclosed it provided $9m in advances to C&Y Global Holdings in January at 5% annual interest for working capital. These advances were discloseable transactions under listing rules but were inadvertently not reported. The board will implement remedial compliance actions.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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