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captain star
663 posts
Posted by captain star > 2020-06-01 20:32 | Report Abuse
$VERSATL / 4995 (VERSATILE CREATIVE BERHAD)
Next hidden gem company that benefit under covid19.only left this!
Base on their latest annual report (corporate review) Currently, our client base reads like a “Who’s Who” in the industry, including major FMCG players Nestle, Dutch Lady, and Danone; well-known pharmaceutical Meditop, Ansell, and WRP; automotive SKF; and Quality Coils from the general consumer sector.
(meditop,anxell,wrp all healthcare company_
Base on the right issue prospectus report which on 19march 2020
Page number 11
The sales of our Group’s paper and plastic packaging division are mainly to customers that are involved in rubber gloves manufacturing, industrial production (such as general manufacturing customers) and food and beverage industries. As such, our Group’s revenue is predominantly dependent on the outlook of the industry our customers operate in. Pursuant thereto, the overview and outlook of the sectors where VCB Group operates are set out below:-
Base on their prospect which is under them page13
In addition to the above, the Group is currently undertaking various marketing efforts to increase the sales for both of its main operating segments, i.e. paper division and plastic division. The Group intends to increase sales by (i) providing wider products availability to meet existing customers’ demand after taking into consideration the feedback from its customers for product diversity, such products include display boxes with different types of forming and gluing; (ii) capture new customers involved in the glove and food and beverages segments, by leveraging on the Food Safety System Certification (FSSC) 22000 approved plant, which was issued by Lloyds Register of Shipping (M) Berhad on 15 July 2015 and renewed on 22 June 2018. In this instance, the Group had recently managed to successfully secure additional customers involved in the rubber glove/healthcare industry as well as from the food and beverage industry.
Just all got this info from their annual report and right issue report which they just announce on march.
Ps :buy and sell at ur own risk. Is good to know that there are another company might benefit the too..nsk tauke just bought the share.