【VS 6963 交流专区】威城

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Apr 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Apr 2019	30 Apr 2018	30 Apr 2019	30 Apr 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	889,710	881,597	2,947,974	3,073,790
2	Profit/(loss) before tax	38,237	29,790	132,964	145,848
3	Profit/(loss) for the period	26,032	22,840	90,208	109,659
4	Profit/(loss) attributable to ordinary equity holders of the parent	31,378	21,920	109,131	109,032
5	Basic earnings/(loss) per share (Subunit)	1.74	1.32	6.16	6.78
6	Proposed/Declared dividend per share (Subunit)	0.80	0.50	2.80	3.50
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.8500		0.8500

icy97

V.S. INDUSTRY BERHAD

EX-date	15 Jul 2019
Entitlement date	16 Jul 2019
Entitlement time	05:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Third Interim dividend of 0.8 sen per share
Period of interest payment	to
Financial Year End	31 Jul 2019
Share transfer book & register of members will be	16 Jul 2019   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	31 Jul 2019
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	16 Jul 2019
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.008

icy97

Type	Announcement
Subject	OTHERS
Description	V.S. INDUSTRY BERHAD (VSIB OR COMPANY)REMOVAL OF VSB TECHNOLOGY PTE. LTD., A COMPANY INCORPORATED IN SINGAPORE FROM THE REGISTER OF COMPANIES PURSUANT TO SECTION 344 OF THE COMPANIES ACT, CAP. 50, SINGAPORE
The Board of Directors of VSIB (“Board”) wishes to announce that the removal of V S International Venture Pte. Ltd.’s wholly-owned subsidiary, namely VSB Technology Pte. Ltd., a company incorporated in Singapore from the Register of Companies pursuant to Section 344 of the Companies Act, Cap. 50, Singapore with effect from 6 August 2019 (“Struck Off”).  V S International Venture Pte. Ltd., a company incorporated in Singapore is a wholly-owned subsidiary of V.S. Industry Berhad (“VSIB”). The Struck Off does not have any effect on the total number of shares issued and share capital of VSIB, the Substantial Shareholders’ Shareholding and also does not have any material impact on the net assets, earnings and gearings of the VSIB’s Group of Companies for the financial year ended 31 July 2019. There are no liabilities, including contingent liabilities and guarantees, to be assumed by VSIB pursuant to the Struck Off. None of the directors, major shareholders and/or persons connected with them has any interest, direct or indirect in the Struck Off.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jul 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jul 2019	31 Jul 2018	31 Jul 2019	31 Jul 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,030,376	1,026,946	3,978,350	4,100,736
2	Profit/(loss) before tax	41,042	30,368	174,006	176,216
3	Profit/(loss) for the period	21,414	27,843	111,622	137,502
4	Profit/(loss) attributable to ordinary equity holders of the parent	48,413	42,042	157,544	151,074
5	Basic earnings/(loss) per share (Subunit)	2.67	2.50	8.84	9.29
6	Proposed/Declared dividend per share (Subunit)	1.60	1.20	4.40	4.70
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.8800		0.8500

icy97

V.S. INDUSTRY BERHAD

EX-date	15 Oct 2019
Entitlement date	16 Oct 2019
Entitlement time	05:00 PM
Entitlement subject	Interim Dividend
Entitlement description	Fourth interim dividend of 0.8 sen per share
Period of interest payment	to
Financial Year End	31 Jul 2019
Share transfer book & register of members will be	16 Oct 2019   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	31 Oct 2019
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	16 Oct 2019
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.008

icy97

V.S. INDUSTRY BERHAD

EX-date	16 Jan 2020
Entitlement date	17 Jan 2020
Entitlement time	05:00 PM
Entitlement subject	Final Dividend
Entitlement description	Final dividend of 0.8 sen per share
Period of interest payment	to
Financial Year End	31 Jul 2019
Share transfer book & register of members will be	17 Jan 2020   to   closed from (both dates inclusive) for the purpose of determining the entitlement
Registrar or Service Provider name, address, telephone no	TRICOR INVESTOR & ISSUING HOUSE SERVICES SDN BHDUnit 32-01, Level 32, Tower A,Vertical Business Suite, Avenue 3, Bangsar South,No. 8, Jalan Kerinchi59200Kuala LumpurTel:0327839299Fax:0327839222
Payment date	24 Jan 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	17 Jan 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	0.008

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Oct 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Oct 2019	31 Oct 2018	31 Oct 2019	31 Oct 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,034,596	1,072,931	1,034,596	1,072,931
2	Profit/(loss) before tax	63,669	45,318	63,669	45,318
3	Profit/(loss) for the period	46,400	28,602	46,400	28,602
4	Profit/(loss) attributable to ordinary equity holders of the parent	48,073	39,810	48,073	39,810
5	Basic earnings/(loss) per share (Subunit)	2.62	2.32	2.62	2.32
6	Proposed/Declared dividend per share (Subunit)	1.00	1.00	1.00	1.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9000		0.8800

icy97

V.S. INDUSTRY BERHAD

Entitlement subject	First Interim Dividend
Entitlement description	First interim dividend of 1.0 sen per share
Ex-Date	17 Feb 2020
Entitlement date	18 Feb 2020
Entitlement time	5:00 PM
Financial Year End	31 Jul 2020
Period
Share transfer book & register of members will be	18 Feb 2020 to 18 Feb 2020 closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	06 Mar 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	18 Feb 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Announced Currency	Malaysian Ringgit (MYR)
Disbursed Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	Malaysian Ringgit (MYR) 0.0100

icy97

V.S. INDUSTRY BERHAD

Date of change	19 Mar 2020
Name	DATIN GAN CHU CHENG
Age	66
Gender	Female
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Demised

Date of change	19 Mar 2020
Name	MR CHONG CHIN SIONG
Age	53
Gender	Male
Nationality	Malaysia
Designation	Alternate Director
Directorate	Executive
Type of change	Cessation of Office
Reason	Demise of principal director

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jan 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jan 2020	31 Jan 2019	31 Jan 2020	31 Jan 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	820,328	978,988	1,854,924	2,051,919
2	Profit/(loss) before tax	43,510	49,409	107,179	94,727
3	Profit/(loss) for the period	31,268	35,574	77,668	64,176
4	Profit/(loss) attributable to ordinary equity holders of the parent	33,197	37,943	81,270	77,753
5	Basic earnings/(loss) per share (Subunit)	1.79	2.11	4.41	4.43
6	Proposed/Declared dividend per share (Subunit)	0.00	1.00	1.00	2.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9100		0.8800

pts2222

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pts2222 发表于 18-8-2020 01:17 PM
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VS 来了~

mingkok76

目标价格2.50

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Apr 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Apr 2020	30 Apr 2019	30 Apr 2020	30 Apr 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	505,655	888,263	2,360,579	2,940,182
2	Profit/(loss) before tax	-26,875	38,237	80,304	132,964
3	Profit/(loss) for the period	-21,197	26,032	56,471	90,208
4	Profit/(loss) attributable to ordinary equity holders of the parent	-19,526	31,378	61,744	109,131
5	Basic earnings/(loss) per share (Subunit)	-1.05	1.74	3.34	6.16
6	Proposed/Declared dividend per share (Subunit)	0.00	0.80	1.00	2.80
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.8800		0.8800

icy97

V.S. INDUSTRY BERHAD

Date of change	01 Jul 2020
Name	MR BEH CHERN WEI
Age	35
Gender	Male
Nationality	Malaysia
Designation	Alternate Director
Directorate	Executive
Type of change	Resignation
Reason	Re-appointment as an Executive Director
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No

Qualifications

Major/Field of Study

Institute/University

Additional Information

Working experience and occupation	He is the Alternate Director to Dato' Gan Tiong Sia.
Family relationship with any director and/or major shareholder of the listed issuer	He is the son of Datuk Beh Kim Ling and also the nephew of Datuk Gan Sem Yam and Dato' Gan Tiong Sia. Datuk Beh Kim Ling, Datuk Gan Sem Yam and Dato' Gan Tiong Sia are Executive Directors of V.S. Industry Berhad.
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	21,550,000 ordinary shares held at V.S. Industry Berhad

Date of change	01 Jul 2020
Name	MR GAN PEE YONG
Age	35
Gender	Male
Nationality	Malaysia
Designation	Alternate Director
Directorate	Executive
Type of change	Resignation
Reason	Re-appointment as an Executive Director
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No

Qualifications

Major/Field of Study

Institute/University

Additional Information

Working experience and occupation	He is the Alternate Director to Ng Yong Kang.
Family relationship with any director and/or major shareholder of the listed issuer	He is the son of Datuk Gan Sem Yam and also the nephew of Datuk Beh Kim Ling and Dato' Gan Tiong Sia. Datuk Gan Sem Yam, Datuk Beh Kim Ling and Dato' Gan Tiong Sia are Executive Directors of V.S. Industry Berhad.
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	10,582,812 ordinary shares held at V.S. Industry Berhad

icy97

V.S. INDUSTRY BERHAD

Date of change	01 Jul 2020
Name	MR GAN PEE YONG
Age	35
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Masters	International Business	Grenoble Graduate School of Business	United Kingdom
2	Degree	Bachelor (Hons) in Electronic System Engineering	University of Manchester, United Kingdom

Working experience and occupation	He is the Alternate Director to Ng Yong Kang prior to his appointment as Executive Director.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	He is the son of Datuk Gan Sem Yam and also the nephew of Datuk Beh Kim Ling and Dato' Gan Tiong Sia. Datuk Gan Sem Yam, Datuk Beh Kim Ling and Dato' Gan Tiong Sia are Executive Directors of V.S. Industry Berhad.
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	10,582,812 ordinary shares held at V.S. Industry Berhad

Date of change	01 Jul 2020
Name	MR BEH CHERN WEI
Age	35
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Masters	Executive Master of Business Administration	Columbia Business School, London Business School and Hong Kong University
2	Degree	Bachelor of Science in Industrial Engineering	State University of New York at Buffalo, USA

Working experience and occupation	He is the Alternate Director to Dato' Gan Tiong Sia prior to his appointment as Executive Director.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	He is the son of Datuk Beh Kim Ling and also the nephew of Datuk Gan Sem Yam and Dato' Gan Tiong Sia. Datuk Beh Kim Ling, Datuk Gan Sem Yam and Dato' Gan Tiong Sia are Executive Directors of V.S. Industry Berhad.
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	21,550,000 ordinary shares held at V.S. Industry Berhad

icy97

V.S. INDUSTRY BERHAD

Date of change	01 Jul 2020
Name	MR CHONG CHIN SIONG
Age	53
Gender	Male
Nationality	Malaysia
Designation	Alternate Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Bachelor of Management (Accounting and Financial Management)	Universiti Sains Malaysia

Working experience and occupation	He is currently the Group Financial Controller of V.S. Industry Berhad. He was the Alternate Director of the Company prior to his cessation on 19 March 2020.
Directorships in public companies and listed issuers (if any)	Nil
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	500,000 ordinary shares held at V.S. Industry Berhad

Remarks :

Mr Chong Chin Siong is appointed as Alternate Director to Mr Beh Chern Wei (Ma Chengwei)

icy97

Type	Announcement
Subject	OTHERS
Description	V.S. INDUSTRY BERHAD ("VSIB" OR THE "COMPANY")SIGNING OF SUPPLY AGREEMENT (AGREEMENT) BETWEEN GUARDIAN SOUTH EAST ASIA PTE. LTD. (GUARDIAN), A WHOLLY-OWNED SUBSIDIARY OF VSIB AND VICTORY INNOVATIONS COMPANY INC. (VICTORY INC.)
1. INTRODUCTION The Board of Directors (“the Board”) of VSIB is pleased to announce that its wholly-owned subsidiary, Guardian has on 17 August 2020, entered into an Agreement with a new customer, Victory Inc., to manufacture and supply cordless electrostatic sprayers (“Products”) on box-built basis. 2. INFORMATION ON VICTORY INC. Victory Inc., was founded in 2014 with headquarters located in Minnesota, United States (“US”). Victory Inc. is a leading innovative sanitary solutions provider specializing in chemical application equipment, serving professionals who are responsible for maintaining healthy spaces with a focus on sanitization, decontamination, pest control, odor control and infection prevention. Victory Inc. produces the world’s first Professional Cordless Electrostatics Handled Sprayer and Professional Cordless Electrostatics Backpack Sprayer. Victory Inc. has the exclusive patented doubled-charged technology that allows the chemical solutions to envelop shadowed, vertical, and difficult to reach grounded surfaces. Outside US, its products are also distributed to more than 40 countries across the Europe, Asia, Oceania and Africa continents. Victory Inc.’s products are used by hospitals, hotels, schools, airlines, casinos, public transportation, household and businesses to sanitize and disinfect large areas swiftly and effectively. 3 THE AGREEMENT Guardian shall provide manufacturing, supply chain and logistic services to Victory Inc. in accordance with the specifications and purchase orders. The Agreement does not specify contract volumes and amounts. The Agreement shall commence with effect from 17 August 2020.   4. FINANCIAL EFFECTS The Board expect the Agreement would contribute positively towards the earnings of VSIB from 2nd half of the financial year ending 31 July 2021 onwards. The Agreement will have no effect on the issued capital of the Company. 5. RISK FACTORS Risk factors affecting the Agreement include availability of skilled manpower and materials, changes in pricing, market demand volatility, competition, and foreign currency rates fluctuation. Notwithstanding the above, VSIB has a proven and established track record in undertaking electronics manufacturing services that would help mitigate such risks. 6. ​APPROVALS REQUIRED The Agreement entered is in the ordinary course of business of VSIB. It does not require approval of the Company’s shareholders and/or any regulatory authorities. 7. DIRECTORS’ AND SUBSTANTIAL SHAREHOLDERS’ INTEREST None of the Directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the Agreement. 8. DIRECTORS’ STATEMENT Having considered all aspects of the Agreement, the Board is of the opinion that the Agreement is in the best interest of the Company.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS
Description	ACQUISITION OF LAND
1.0 INTRODUCTION The Board of Directors of VSIB wishes to announce that the Company had on 1 September 2020 entered into a Sale and Purchase Agreement (“SPA”) with Vast Support Sdn. Bhd. to acquire a piece of vacant land held under title No. HS(D) 46280 PTD 4520 located at Jalan Padi Mahsuri 1, Taman Senai Baru, 81400 Senai, Johor with land area measuring approximately 7,251.4538 sq. metres for a total consideration of RM5.07 million (“Purchase Consideration”) only and as per the terms and conditions stipulated in the SPA (hereinafter referred to as “Acquisition”). 2.0 DETAILS OF THE ACQUISITION 2.1 Details of the Land The details of the Land are as follows: Type Vacant commercial land Tenure Freehold Encumbrances The property is currently charged to CIMB Bank Berhad Original Date of Purchase 21 April 2014 Original Cost of Acquisition RM4,371,024 Indicative open market value by Asian Pullprop Sdn. Bhd. via its valuation report dated 22 June 2020 RM5,070,000 Purchase Consideration RM5,073,510 (calculated at RM65.00 per square foot) 2.2 Information on Vast Support Sdn. Bhd. Vast Support Sdn. Bhd. is a company incorporated in Malaysia. The shareholders are Datuk Gan Sem Yam and Datin Gan Chu Cheng (deceased) who are also the substantial shareholders of VSIB. The existing Directors of Vast Support Sdn. Bhd. are Datuk Gan Sem Yam and Beh Chern Wei who are also the Directors of VSIB. The Acquisition constitute Related Party Transaction for the Company in accordance to Paragraph 10.08 of the Listing Requirements. Both Datuk Gan Sem Yam and Beh Chern Wei together with Datuk Beh Kim Ling, Dato’ Gan Tiong Sia and Gan Pee Yong being the Executive Directors of VSIB declared their interest in the transaction by virtue of their family relationship with Datuk Gan Sem Yam and Beh Chern Wei and accordingly, they have abstained from all deliberations and voting on board resolution on the Acquisition. 2.3 Basis of and justification of Determining the Purchase Consideration The Purchase Consideration was arrived with reference to the market value of the Land of RM5.07 million (valued by a registered professional valuer) of the Property as at  22 June 2020. 2.4 Salient terms of the SPA (i) In consideration of the sum amounting to RM507,351.00 paid by the Purchaser to the Vendor by way of deposit and part payment of the Purchase Consideration, the Vendor has agreed to sell and the Purchaser agreed to purchase the Land on an “as is where is” basis, subject to all express conditions and restriction in interest, express or implied, free from encumbrances and with vacant possession, at and for the Purchase Consideration upon the terms and conditions contained in the SPA. (ii) The balance of the Purchase Consideration amounting RM4,566,159.00 shall be paid by the Purchaser to the Vendor or the Purchaser’s solicitors as stated in the SPA and the purchase shall be completed at the office of the Purchaser’s solicitors within 3 months from the date of SPA. An extension of completion can be extended by one (1) month with an interest at the rate of eight per centum (8%) per annum. 3.0       LIABILITIES TO BE ASSUMED There are no contingent liabilities, guarantee and other liabilities to be assumed by VSIB arising from the Acquisition. 4.0 SOURCE OF FUNDING The Purchase Consideration will be fully satisfied in cash which shall be financed by internally generated funds. 5.0 RATIONALE OF THE ACQUISITION The land will be used for the purpose of parking for trucks and shipping containers following the expansion currently undertaken. 6.0 FINANCIAL EFFECTS 6.1 Share capital and Substantial Shareholdings The Acquisition will not have any effect on the share capital and substantial shareholder’s shareholdings of VSIB as the said acquisition does not involve any issuance of VSIB’s securities. 6.2 Earnings per share, Net Assets and Gearing The Acquisition does not have any material impact on the earnings per share, net assets and gearings of the VSIB for the financial year ending 31 July 2021. 7.0 APPROVAL REQUIRED The Acquisition is not subject to the approval of the shareholders of VSIB and/or any other relevant authorities. 8.0 INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSON(S) CONNECTED WITH THEM Save as Related Party Transaction disclosed in item 2 as above, none of the other Directors and/or major shareholders and/or persons connected to the Directors and major shareholders of VSIB, have any interest, direct or indirect, in the Acquisition. 9.0       STATEMENT BY THE AUDIT AND RISK MANAGEMENT COMMITTEE The Audit and Risk Management Committee of VSIB, after having considered all aspects of the Acquisition, including but not limited to market value of the subject Land, the rationale and benefits of the Acquisition, salient terms of the SPA, basis of and justification for the Purchase Consideration and the effects of the Acquisition, is of the view that the Acquisition is in the best interest of VSIB, fair, reasonable and on normal commercial terms, and not detrimental to the interest of the minority shareholders and non-interested shareholders of VSIB. 10.0 STATEMENT BY DIRECTORS The Board of Directors of VSIB with the exclusion of the interested Directors, namely Datuk Gan Sem Yam and Beh Chern Wei and person(s) connected to them namely Datuk Beh Kim Ling, Dato’ Gan Tiong Sia and Gan Pee Yong, having considered all aspects of the Acquisition, is of the opinion that the Acquisition is in the best interest of the Company. 11.0 HIGHEST PERCENTAGE RATIO APPLICABLE TO THE ACQUSITION OF LAND Based on VSIB’s audited financial statements for the financial year ended 31 July 2019, the highest percentage ratio applicable under paragraph 10.02(g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 0.32%. 12.0 DOCUMENTS AVAILABLE FOR INSPECTION The SPA and the valuation report date 22 June 2020 are available for inspection at the Registered Office of VSIB at Level 9, Suite 9D, Menara Ansar, 65 Jalan Trus, 80000 Johor Bahru, Johor during normal office hours from Mondays to Fridays (except public holidays) for a period of three (3) months from the date of this announcement.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Jul 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jul 2020	31 Jul 2019	31 Jul 2020	31 Jul 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	882,613	1,038,168	3,243,192	3,978,350
2	Profit/(loss) before tax	71,253	48,892	151,557	181,856
3	Profit/(loss) for the period	46,215	29,264	102,686	119,472
4	Profit/(loss) attributable to ordinary equity holders of the parent	54,120	56,263	115,864	165,394
5	Basic earnings/(loss) per share (Subunit)	2.92	3.10	6.27	9.28
6	Proposed/Declared dividend per share (Subunit)	1.60	1.60	2.60	4.40
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.9200		0.8800