VS Industry MD Gan Sem Yam becomes substantial shareholder in RM14.8mil off-market deal

KUALA LUMPUR: VS Industry Bhd’s managing director Datuk Gan Sem Yam has emerged as a substantial shareholder after acquiring 29 million shares through an off-market deal.

In a filing with Bursa Malaysia, the integrated electronics manufacturing services provider said the 29 million shares were acquired on Oct 2 at 51.1 sen apiece, valuing the transaction at about RM14.82mil.