Break 0.5 soon..Strong uptrend

Tp 0.4

Horsei liao
He bought in 0.33
Do u think he will run at 0.51? At least 100% lah..Mean min 0.66

Possibly the next myscm

Yes shark collected a lot 0.315,0.32

Closed 0 585

He is also the director of Komark

Koo kien kiet joined as director.. Tomorrow limit up

Please hold tight... 0.5 not far away

0.2 broken easily..neXt tp 0.3

Nice chart...Break 0.2 soon

Good qr..Not great but still good
Managed to turnaround

CLose above 0.6 today

Qr release next week...Buy buy buy

I believe this wage going to be stronger than previous one...After such intense retrace

OTHERS 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.)V.S. INDUSTRY BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionV.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.

 





Announcement InfoCompany NameV.S. INDUSTRY BERHADStock NameVSDate Announced18 Aug 2020CategoryGeneral Announcement for PLCReference NumberGA1-18082020-00008

Vs suspended

Those who cut loss I feel so sorry

Minho consider quite strong if u compared to most of the counters in klci

Buy buy buy
Strong reversal signals

Q1 Just released end of june

Someone collecting aggressively from 0.8 to 0.86
Please buy more

Is ccm one of the major supplier to gloves companies?

The reason they lagging I think is because the operator came in late... As we all know, operators switching from counter to another...

Break new high soon
Operator back from sleep

Horsei Liao..Told u already should break 0.2 just matter of time

Good closing today..Reversal signal coming

Fly back to 0.2 soon

U were mentioned that TSH group buy call?

Ho Wah Genting: To distribute China-developed Covid-19 diagnostic kit in Malaysia. Ho Wah Genting has been appointed as a distributor of a China-developed Covid-19 diagnostic kit in Malaysia, till end-CY20. It has also submitted an application to the MoH Malaysia for the certification of the diagnostic kit and is currently pending approval. Additionally, the Group has also appointed PM Care SB as the sub-distributor of the diagnostic kit.

No need 1
0.8 happy enough

Well supported @ 0.12
Now testing to break 0.14

0.2' tomorrow

Nice uptrend..Buy before too late

Willee2 u got insider info? How come u know 120m

Ini kali lah. 0.3

0.22 cleared... Towards 0.3

Insiders collected enough... Apa lagi tunggu

Rozabil goreng now

Tp 0 3

On the way to break $1

Today Maybe can Close 185

Why 910 so stubborn? Where is uncle koon

Sarawak energy is the cash cow of Sarawak..Being the main shareholder of naim and scable also help these companies

Should be able to break previous high 0 41 easily

As expected..From Loss to profit..Monday limit up

Scable last qr losses was mainly due to provision and impairment.. don't be surprised if this qr improves a lot

The steward: yes I hAve to agree..

Qr release tomorrow

0.395,0.4 well supported..Bottom already formed.. accumulation state..Once break 0.42 will fly like no tomorrow

Not should..It must... First hurdle 0.36
After that may break 0.4