VS Industry's OEM and ODM operations
KUALA LUMPUR: Maybank Investment Bank Research sees further earnings catalysts in V.S Industry’s (VSI) China operation which could secure sizeable new contracts in the next six months following its rights issue.
In an announcement to Hong Kong Stock Exchange, VS International Group Ltd (VSIG) has proposed a 1-for-4 rights issue which could raise HK$106mil- 115mil, of which HK$44m will be allocated for capacity expansion in view of multiple large potential contracts from new customers.
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