【VS 6963 交流专区】威城

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.

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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

icy97

V.S. INDUSTRY BERHAD

Entitlement subject	Second Interim Dividend
Entitlement description	Second interim dividend of 0.8 sen per share
Ex-Date	14 Oct 2020
Entitlement date	15 Oct 2020
Entitlement time	5:00 PM
Financial Year End	31 Jul 2020
Period
Share transfer book & register of members will be	15 Oct 2020 to 15 Oct 2020 closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	30 Oct 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	15 Oct 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) 0.0080

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	Acquisition of Properties
1. INTRODUCTION The Board of Directors (“the Board”) of V.S. Industry Berhad (“VSIB” or “the Company”) is pleased to announce that VSIB has on 28 August 2020 and 14 October 2020 respectively, entered into Sale and Purchase and Construction Agreements (“SPCA(s)”) with Ipark Development Sdn Bhd (“Ipark Development”), to acquire six (6) pieces of Land with industrial buildings (“Properties”) for a total consideration of RM98,766,641.20 (“Purchase Considerations”) as per the terms and conditions stipulated in the SPCAs (hereinafter referred to as “the Acquisition”) 2. DETAILS OF THE ACQUISITION 2.1  Details of the Properties Date of SPCA 28 August 2020 14 October 2020 The Lot Plot 65, held under HS(D) 596319  PTD 196205, Mukim Tebrau, Johor Bahru, Johor Plot 62,63,64,66,67 held under                 HS(D) 596314-18 PTD 196200-04, Mukim Tebrau, Johor Bahru, Johor Land Area Approximately 69,770.10 square feet Approximately 343,911.96 square feet The Building Single storey detached factory with  2 storey office block Single to three storey industrial building with 2 storey office block Purchase Consideration RM15,800,000.00 RM82,966,641.20 2.2  Information on Ipark Development Ipark Development, a company incorporated in Malaysia (“the Developer”), is the registered and beneficial proprietor of all pieces of lands measuring approximately 76.593 acres (3,336,410.00 square feet) industrial land in Mukim of Tebrau, Johor Bahru, and Mukim of Senai, Kulai, Johor (“the Land”). The Land is part of a comprehensive development known as Senai Airport City. The Developer has obtained the planning approval to develop the Land as an industrial estate named i-Park @ Senai Airport City. Ipark Development is a 80% owned subsidiary of AME Integrated Sdn Bhd, which in turn is 99.9% owned by AME Elite Consortium Berhad (“AME”). AME is a prominent integrated industrial park developer in Malaysia, specializing in providing well-managed full-service industrial parks in Johor. 2.3. Salient terms of the SPCAs Payment terms for the Purchase Consideration of RM98,766,641.20 are as follows :- SPCA dated 28 August 2020 SPCA dated 14 October 2020 Total RM’000 RM’000 RM’000 Deposit upon execution of the SPCAs 1,580 8,297 9,877 Within 30 days from the date of Agreement - 4,543 4,543 Progress payment based on construction stage of specified work until delivery of vacant possession of the subject Property 14,220 70,127 84,347 Total 15,800 82,967 98,767 3.  BASIS OF ARRIVING AT THE PURCHASE CONSIDERATION The Properties are directly purchased from an industrial developer. The purchase consideration is based on the selling price of the Developer after taking into consideration of land area, building built-up area, construction design and amenities.   4.  LIABILITIES TO BE ASSUMED There are no liabilities including contingent liabilities and guarantee and other liabilities to be assumed by VSIB arising from the Acquisition. 5.  SOURCE OF FUNDING The Purchase Consideration will be funded via internally generated funds and bank borrowings. The ratio between internally generated funds and bank borrowings will be determined at a later date. 6.  RATIONALE AND BENEFITS OF THE ACQUISITION The Acquisition will increase VSIB’s production capacity for future expansion purposes, including capturing opportunities arising from the US-China trade tension. This will enable the Group to continue growing its business as its current manufacturing capacity are already fully utilized. With the Acquisition, VSIB will also relocate its headquarter to the Properties. The relocation of its headquarter will free up space at the existing manufacturing facilities to capture the rising orders from its existing customers. The Properties are also strategically located within close proximity with its existing manufacturing facilities. This allows the Group to expand its capacity while at the same time, maintain close management control on its existing operations, therefore enhancing overall operational synergies and efficiency. 7.  PROSPECTS According to an industry trend report by Global Market Insights, the Electronics Manufacturing Services (“EMS”) market size exceeded USD500 billion in 2019 and is expected to continue growing at a compounded annual growth rate (“CAGR”) of 5% globally between 2020 and 2026. The Asia Pacific region, however, is projected to grow at a faster CAGR rate of 8%. One of the reasons for the faster growth rate is attributed to the on-going trade dispute between the US and China, which has opened up many opportunities for EMS players in the Southeast Asia (“SEA”) including Malaysia. Malaysia is one of the choice locations for multinational corporations (“MNCs”) brand owners to relocate or diversify their manufacturing base from China to SEA. As one of the leading EMS providers in Malaysia and in the region, VSIB stands to benefit from this trade diversion. In fact, the Group has thus far successfully clinched several new customers as a result of the trade war, resulting in its existing capacities being fully filled. Notwithstanding the recent wins, VSIB remains busy in negotiations with prospective customers and continues to pursue sales leads arising from the trade dispute. In view of this and barring unforeseen circumstances, the Group anticipates to secure more orders from both new and existing customers. 8. FINANCIAL EFFECTS 8.1  Share capital and substantial shareholders’ shareholding The Acquisition does not have any effect on the share capital and substantial shareholders’ shareholdings of the Company. 8.2  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 VSIB for the financial year ending 31 July 2021. 9. RISK FACTORS The Board do not foresee any significant risk factors arising from the Acquisition other than the economic and inherent risks normally associated with property acquisition. 10. APPROVALS REQUIRED Save for relevant authorities’ approval for the transfer of Properties, the Acquisition is not subject to the approval of the shareholders of VSIB. 11. INTEREST OF DIRECTORS, MAJOR SHAREHOLDERS AND/OR PERSONS CONNECTED TO THEM 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 Acquisition. 12. DIRECTORS’ STATEMENT The Board, having considered all aspects of the Acquisition, the Board is of the opinion that the Acquisition is in the best interest of the Company. 13.  ESTIMATED TIME FRAME FOR COMPLETION OF THE ACQUISITION Barring any unforeseen circumstances, the Acquisition is expected to be completed by 30 June 2021. 14.  HIGHEST PERCENTAGE RATIO APPLICABLE TO PROPOSED ACQUISITION Based on VSIB’s audited financial statements for the year ended 31 July 2019, the highest percentage ratio pursuant paragraph 10.02(g), Paragraph 10.12(2)(c) and Practice Note 14 (Principal of Aggregation for Transactions) of Main Market Listing Requirements of Bursa Malaysia Securities Berhad are as follows :- Transaction Purchase consideration (RM’000) Highest Percentage Ratio SPCA dated 28 August 2020 for the Acquisition of Plot 65, held under HS(D) 596319 PTD 196205, Mukim Tebrau, Johor Bahru, Johor together with single storey detached factory with 2 storey office block 15,800 0.98% SPCA dated 14 October 2020 for  Acquisition of Plot 62,63,64,66,67 held under HS(D) 596314-18 PTD 196200-04, Mukim Tebrau, Johor Bahru, Johor together with single to three storey industrial building and two storey office block 82,967 5.17% Aggregate Transactions 98,767 6.15% 15.  DOCUMENTS FOR INSPECTION The SPCAs are available for inspection at the registered office of VSIB at Level 9, Suites 9D, Menara Ansar, 65, Jalan Trus, 80000 Johor Bahru, Johor during normal office from Monday to Friday (except public holidays) for a period of three(3) months from the date of this announcement.

V.S. INDUSTRY BERHAD

Entitlement subject	Final Dividend
Entitlement description	Final dividend of 0.8 sen per share
Ex-Date	21 Jan 2021
Entitlement date	22 Jan 2021
Entitlement time	5:00 PM
Financial Year End	31 Jul 2020
Period
Share transfer book & register of members will be	22 Jan 2021 to 22 Jan 2021 closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	05 Feb 2021
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	22 Jan 2021
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) 0.0080

SUMMARY OF KEY FINANCIAL INFORMATION 31 Oct 2020

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

1	Revenue	987,100	1,034,596	987,100	1,034,596
2	Profit/(loss) before tax	88,410	63,669	88,410	63,669
3	Profit/(loss) for the period	63,870	46,400	63,870	46,400
4	Profit/(loss) attributable to ordinary equity holders of the parent	66,677	48,073	66,677	48,073
5	Basic earnings/(loss) per share (Subunit)	3.56	2.62	3.56	2.62
6	Proposed/Declared dividend per share (Subunit)	1.20	1.00	1.20	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 ($$)	0.9600		0.9200

V.S. INDUSTRY BERHAD

Entitlement subject	First Interim Dividend
Entitlement description	First interim dividend of 1.2 sen per share
Ex-Date	17 Feb 2021
Entitlement date	18 Feb 2021
Entitlement time	5:00 PM
Financial Year End	31 Jul 2021
Period
Share transfer book & register of members will be	18 Feb 2021 to 18 Feb 2021 closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	05 Mar 2021
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	18 Feb 2021
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) 0.0120

tayumkilau

现在买进VS还会拿到warrant吗？

icy97

V.S. INDUSTRY BERHAD

Entitlement subject	Final Dividend
Entitlement description	Final dividend of 0.5 sen per ordinary share
Ex-Date	20 Jan 2022
Entitlement date	21 Jan 2022
Entitlement time	5:00 PM
Financial Year End	31 Jul 2021
Period
Share transfer book & register of members will be	21 Jan 2022 to 21 Jan 2022 closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	31 Jan 2022
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	21 Jan 2022
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) 0.0050

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Type	Announcement
Subject	OTHERS
Description	V.S. INDUSTRY BERHAD (VSIB OR THE COMPANY) - JOINT STATEMENT BY VS AND MIGRANT WORKER ACTIVIST, ANDY HALL, WITH REGARDS TO MIGRANT WORKERS WELFARE
It has been brought to the Company’s attention that during a recent conference call organized by a foreign brokerage firm for its clients with migrant worker activist, Andy Hall, reference has been made to VSIB with regards to foreign labour practices. Subsequently, an article with similar reference was published in The Edge Weekly dated 6 December 2021 with the title, ‘EMS firms hit by ESG wave and ATA IMS aftershocks’. The Board of Directors (the “Board”) of VSIB wishes to inform that the Company has since reached out to Andy Hall for clarification on this matter. Please find attached a joint statement by both parties.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3216174

Attachments Press Release.pdf

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Notice of Person Ceasing (Section 139 of CA 2016)

V.S. INDUSTRY BERHAD

Particulars of Substantial Securities Holder

Name	EMPLOYEES PROVIDENT FUND BOARD
Address	Tingkat 19, Bangunan KWSP, Jalan Raja Laut Kuala Lumpur 50350 Wilayah Persekutuan Malaysia.
Company No.	EPF ACT 1991
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	Citigroup Nominees (Tempatan) Sdn Bhd
Address of registered holder	Level 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur
Date of cessation	02 Dec 2021

No of securities disposed	21,675,500
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal
Nature of interest	Direct Interest
Date of notice	06 Dec 2021
Date notice received by Listed Issuer	08 Dec 2021

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Oct 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Oct 2021	31 Oct 2020	31 Oct 2021	31 Oct 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	967,991	987,100	967,991	987,100
2	Profit/(loss) before tax	50,283	88,410	50,283	88,410
3	Profit/(loss) for the period	37,750	63,870	37,750	63,870
4	Profit/(loss) attributable to ordinary equity holders of the parent	39,392	66,677	39,392	66,677
5	Basic earnings/(loss) per share (Subunit)	1.03	1.78	1.03	1.78
6	Proposed/Declared dividend per share (Subunit)	0.40	1.20	0.40	1.20
		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 ($$)	0.5500		0.5400

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V.S. INDUSTRY BERHAD

Entitlement subject	First Interim Dividend
Entitlement description	First interim dividend of 0.4 sen per share
Ex-Date	17 Feb 2022
Entitlement date	18 Feb 2022
Entitlement time	5:00 PM
Financial Year End	31 Jul 2022
Period
Share transfer book & register of members will be	18 Feb 2022 to 18 Feb 2022 closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	04 Mar 2022
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	18 Feb 2022
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) 0.0040

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Type	Announcement
Subject	OTHERS
Description	PROGRESS MADE IN DISCUSSION BETWEEN VS AND MIGRANT WORKERS' RIGHTS SPECIALIST, ANDY HALL, WITH REGARDS TO WORKERS WELFARE
The ongoing dialogue between the Company and Migrant Worker Rights Specialist, Mr. Andy Hall, on the welfare of migrant workers at the Company has continued constructively during the past weeks. Both parties have now agreed on a firm action plan and timeline going forward to address migrant worker challenges identified through this innovative dialogue. Please find attached a joint statement by both parties.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3219936

Attachments Press Release.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Jul 2022

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Jul 2022	31 Jul 2021	31 Jul 2022	31 Jul 2021
		$$'000	$$'000	$$'000	$$'000

1	Revenue	1,004,369	941,096	3,914,059	4,002,281
2	Profit/(loss) before tax	34,174	55,863	201,414	329,130
3	Profit/(loss) for the period	21,748	41,748	149,899	241,617
4	Profit/(loss) attributable to ordinary equity holders of the parent	34,570	41,497	169,743	245,351
5	Basic earnings/(loss) per share (Subunit)	0.90	1.09	4.45	6.50
6	Proposed/Declared dividend per share (Subunit)	0.80	1.00	2.00	4.20
		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 ($$)	0.5700		0.5400

icy97

V.S. INDUSTRY BERHAD

Entitlement subject	Fourth Interim Dividend
Entitlement description	Fourth interim dividend of 0.4 sen per ordinary share
Ex-Date	13 Oct 2022
Entitlement date	14 Oct 2022
Entitlement time	5:00 PM
Financial Year End	31 Jul 2022
Period
Share transfer book & register of members will be	14 Oct 2022 to 14 Oct 2022 closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	28 Oct 2022
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	14 Oct 2022
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) 0.0040

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Type	Announcement
Subject	OTHERS
Description	V.S. INDUSTRY BERHAD (VS OR COMPANY) - REVALUATION OF PROPERTIES
Please refer to the attached document for the full announcement.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3294944

Attachments VSI-Revaluation Properties.pdf

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	V.S. INDUSTRY BERHAD ("VSI" OR THE COMPANY")I.        PROPOSED FURTHER ACQUISITION OF 2,200,0000 ORDINARY SHARES IN HT PRESS WORK SDN BHD (HTPW), REPRESENTING 11% EQUITY INTEREST IN HTPW BY THE COMPANY AND MAKING HTPW A 51% OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED ACQUISTION")II.        PROPOSED CALL OPTION IN RELATION TO 9% OF SHAREHOLDINGS OF HTPW ("PROPOSED CALL OPTION") III.        SHAREHOLDERS ADVANCES TO HTPW ("SHAREHOLDERS ADVANCES")  (COLLECTIVELY REFERRED TO AS "PROPOSALS")
1. INTRODUCTION The Board of Directors of the Company (“Board”) wishes to announce that the Company had on 19 September 2023 entered into a Share Sale Agreement (“SSA”) with Tan Eng Kwee and Yeo Teck Hoe (collectively the “Vendors”) to acquire 2,200,000 ordinary shares (“Sale Shares”) in HTPW (Company Registration No. 199501008315 (337513-H) ), representing 11% equity interest in HTPW, for a total consideration of RM2,640,000.00 (“Purchase Consideration”) only subject to the terms and conditions stated therein (the “Proposed Acquisition”). VSI is currently holding 8,000,000 ordinary shares in HTPW representing 40% of the total issue and paid up capital of HTPW. Upon the completion of the Proposed Acquisition, the Company will hold 51% of the total issue and paid up capital of HTPW and making HTPW a 51% owned subsidiary of the Company. (The Company and the Vendors shall be collectively referred to as the “Parties”) Details of the Proposed Acquisition are set out in the ensuing sections below. 2. DETAILS OF THE PROPOSED ACQUISITION 2.1. Proposed Acquisition The Proposed Acquisition entails the acquisition by the Company of the Sale Shares from the Vendors at the Purchase Consideration free from any claims, charges, liens, encumbrances and equities whatsoever together with all rights attached thereto as follows: Vendors No. of Sale Shares Purchase Consideration (in RM) Premium Payable (in RM) Tan Eng Kwee 1,700,000 2,040,000.00 2,040,000.00 Yeo Teck Hoe 500,000 600,000.00 600,000.00 Total 2,200,000 2,640,000.00 2,640,000.00 As part of the terms of the SSA in respect of the Proposed Acquisition, the Parties agree that if HTPW achieves the profit target (excluding non-operating gains or losses) for any financial year before 31 December 2025 of a profit after taxation (“PAT”) of RM20 million (“Profit Target”) based on the audited financial statement for the relevant financial year, the Company will pay a premium equivalent to the Purchase Consideration (“Premium”) to the Vendors. For the avoidance of doubt, the PAT will exclude non-operating gains or losses, which are gains not attributable to the operation of the Company’s ordinary course of business, including but not limited to revaluation gains and profits from sale of land and buildings and immovable assets. In the event that HTPW fails to achieve the Profit Target by the financial year ended 31 December 2025, the Purchase Consideration as stipulated above will be accepted as the full and final settlement for the sale and transfer of the Sale Shares. 2.2 Information on HTPW HTPW a private company limited by shares incorporated in Malaysia on 27 March 1995. HTPW and its subsidiary, namely HT Press Work Industries (M) Sdn. Bhd. (Registration No. 200401033248 (671756-K)) is principally involved in the business of metal stamping, tools and die design and fabrication, machining and surface finishing of aluminium product. As at the date of this announcement, the issued share capital of HTPW is RM18,000,000.00 comprising 20,000,000 ordinary shares. The directors of HTPW are Tan Eng Kwee, Yeo Teck Hoe, Beh Chern Wei (Ma Chengwei) and Gan Pee Yong. The existing shareholders of HTPW and their respective shareholdings prior to the Proposed Acquisition are as follows: Shareholders No. of shares % VSI 8,000,000 40 Tan Eng Kwee (“TEK”) 5,600,000 28 Yeo Teck Hoe (“YTH”) 4,400,000 22 Resolusi Kreatif Sdn. Bhd. (“RK”) 2,000,000 10 Total:      20,000,000 100 2.3. Basis and justification in arriving at the Purchase Consideration The Purchase Consideration was arrived at on a willing-buyer willing-seller basis, after taking into consideration, amongst others, the following: (a) Minimum PAT; (b) rationale of the Proposed Acquisition as set out in Section 5; and (c) prospects as set out in Section 6. 2.4. Source of funding The Purchase Consideration for the Proposed Acquisition will be funded via internally generated funds. 2.5. Liabilities to be assumed by VSI Save for the obligations and liabilities of VSI under the SSA, VSI will not assume any other liabilities (including contingent liabilities and/or guarantees, if any) pursuant to the Proposed Acquisition. 2.6. Additional financial commitment After the completion of the Proposed Acquisition, VSI does not expect to incur any additional material financial commitment to the existing operations of HTPW and its subsidiary (“HTPW Group”) other than advances as mentioned under item 4 below. 2.7. Salient terms of the SSA The salient terms of the SSA are as follows: (a) Sale and purchase of the Sale Shares The Vendors agree to sell and the Company agrees to purchase the Sale Shares free from any claims, charges, liens, encumbrances and equities whatsoever together with all rights attached thereto. (b) Purchase Consideration The Purchase Consideration shall be satisfied wholly by cash. 3. DETAILS OF THE PROPOSED CALL OPTION IN RELATION TO 9% OF SHAREHOLDINGS OF HTPW 3.1 The Proposed Call Option Subsequent to the completion of the SSA, TEK & YTH have offered a call option over the following 1,800,000 ordinary shares (“Option Shares”) representing 9% of the total issued share capital of HTPW to the Company as per the terms and conditions stipulated in the Call Option Agreement: No. of Option Shares TEK 900,000 YTH 900,000 TOTAL 1,800,000 3.2 Salient terms of the Call Option Agreement a. The Call Option granted herein may be exercised by VSI at any time during the Option Period by notice in writing to TEK & YTH. The Option may be exercised by VSI once only (and not more than once) in respect of all (and not some only) of the Option Shares by serving the Exercise Notice on TEK & YTH during the Option Period and not otherwise. b. The Call Option may be exercised by VSI within the following option period (“Option Period”): (i) if HTPW achieves an audited PAT of RM20,000,000.00 (“PAT Target”) during any financial year on or before 31 December 2025, the Call Option is exercisable by VSI at any time within 12 months from HTPW achieving the PAT Target; or (ii) if HTPW fails to achieves the PAT Target by 31 December 2026, the Call Option is exercisable by VSI at any time from 1 January 2027 until 31 December 2027. c. The price for each Option Shares will be calculated based on 5 times of the PAT, as determined from the relevant audited consolidated accounts of HTPW Group prepared in accordance with MFRS for the Financial Year preceding the Option Period, divided by the total number of shares in the issued capital of HTPW on the commencement of Option Period. 3.3 Source of funding The consideration for the Proposed Call Option will be funded via internally generated funds. 3.4 Liabilities to be assumed by VSI Save for the obligations and liabilities of VSI under the Call Option Agreement, VSI will not assume any other liabilities (including contingent liabilities and/or guarantees, if any) pursuant to the Proposed Call Option. 3.5 Additional financial commitment After the completion of the Proposed Call Option, VSI does not expect to incur any additional material financial commitment to the existing operations of HTPW Group. 4. DETAILS OF THE PROPOSED SHAREHOLDERS’ ADVANCES TO HTPW Upon the completion of the SSA, the shareholders (including the Company) of HTPW have agreed to advance a total sum of RM6,000,000.00 (Shareholders’ Advances”) to HTPW Company in the following breakdown: Shareholders Amount to be advanced (RM) VSI 3,060,000.00 RK 600,000.00 TEK 2,040,000.00 YTH 300,000.00 TOTAL 6,000,000.00 The advancement of RM3,060,000.00 by VSI to HTPW is equivalent to 51% of the total agreed advance sum and in accordance with VSI’s 51% shareholding in HTPW. The purpose of advances is for working capital of HTPW Group. 5. RATIONALE FOR THE PROPOSALS The Proposed Acquisition will enable VSI to further enhance its value chains in tools and die design and fabrication, machining and surface finishing division. 6. RISK FACTORS ASSOCIATED WITH THE PROPOSALS 6.1. Acquisition risk Although the Proposed Acquisition and Call Option are expected to contribute positively to the earnings of the enlarged VSI in the long term, there is no assurance that the anticipated benefits of the Proposed Acquisition and Call Option will be realised or that the enlarged VSI Group will be able to generate sufficient returns to offset the costs associated with the Proposed Acquisition and Call Option. 6.2. Dependency on the key management personnel of HTPW Group for its continued success The continued success of HTPW Group is largely attributed to the expertise and continuous efforts of the existing key management personnel of which consist of amongst others, the directors of HTPW, who possess the relevant technical knowledge in the operational processes of HTPW Group. Therefore, the loss of any of such personnel could adversely affect the enlarged VSI Group’s continued ability to manage the operations of HTPW Group effectively and competitively. Notwithstanding the above, VSI Group will use its best endeavours to reduce dependency on any particular key management personnel by attracting qualified and experienced personnel and addressing succession planning by grooming capable employees to complement the management team of HTPW Group. 7. EFFECTS OF THE PROPOSALS 7.1. Issued share capital The Proposals will not have any effect on the issued share capital of VSI as it does not involve any issuance of new ordinary shares in VSI. 7.2. NA and gearing The Proposals do not have any material impact on the net assets and gearings of VSIB for the financial year ending 31 July 2024. 7.3. Earnings and Earnings per Share (“EPS”) The Proposals do not have any material impact on the earnings per share of VSIB for the financial year ending 31 July 2024. 7.4. Substantial shareholders’ shareholdings The Proposals will not have any effect on the substantial shareholders’ shareholdings in VSI as it does not involve any issuance of new ordinary shares in VSI. 8. APPROVAL/CONSENT REQUIRED The Proposals is not subject to the approval of the shareholders of the Company and/or any other parties and/or relevant authorities. 9. DIRECTORS’ AND/OR MAJOR SHAREHOLDERS’ AND/OR PERSONS CONNECTED WITH DIRECTORS’ OR MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders of the Company and/or persons connected to the Directors and/or major shareholders of the Company has any interest, direct or indirect in the Proposed Acquisition. 10. STATEMENTS BY THE BOARD The Board of VSI, having considered all aspects of the Proposed Acquisition, including but not limited to the rationale, prospects, salient terms of the SSA and effects of the Proposed Acquisition, is of the opinion that the Proposed Acquisition is in the best interest of VSI. 11. ESTIMATED TIMEFRAME FOR COMPLETION Barring any unforeseen circumstances, the Proposed Acquisition is expected to be completed by 31 October 2023. 12. HIGHEST PERCENTAGE RATIO The highest percentage ratio applicable to the Proposed Acquisition pursuant to Paragraph 10.02 (g) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad is 0.24% based on the audited consolidated financial statements of VSI for the financial year ended 31 July 2022. 13. DOCUMENT AVAILABLE FOR INSPECTION A copy of the SSA will be made available for inspection by the shareholders of VSI at the registered office of VSI at Suite 9E, Level 9, Menara Ansar, 65 Jalan Trus, 80000 Johor Bahru, Johor during the normal business hours from Mondays to Fridays (except for Public Holiday) for a period of three (3) months from the date of this Announcement.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	V.S. INDUSTRY BERHAD ("VSI" OR THE COMPANY")  I. PROPOSED FURTHER ACQUISITION OF 2,200,0000 ORDINARY SHARES IN HT PRESS WORK SDN BHD (HTPW), REPRESENTING 11% EQUITY INTEREST IN HTPW BY THE COMPANY AND MAKING HTPW A 51% OWNED SUBSIDIARY OF THE COMPANY ("PROPOSED ACQUISTION") II. PROPOSED CALL OPTION IN RELATION TO 9% OF SHAREHOLDINGS OF HTPW ("PROPOSED CALL OPTION")  III. SHAREHOLDERS ADVANCES TO HTPW ("SHAREHOLDERS ADVANCES")  (COLLECTIVELY REFERRED TO AS "PROPOSALS")
We refer to our announcement dated 19 September 2023 and append additional information as below:- (i) Minimum PAT in clause 2.3 refer to Profit After Taxation of RM20.0 million for any financial year before 31 December 2025. (ii) Historical financial information of HTPW Group for the year ended 31 December are as follows:- FY2022 FY2021 FY2020 RM'000 RM'000 RM'000 Revenue 21,342 16,755 20,247 Profit/(Loss) Before Taxation (1,302) (882) 1,494 Profit/(Loss) After Taxation (1,349) (918) 1,495