【VERSATL 4995 交流专区】蔚世泰

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	Rights Issue of Shares
Unless otherwise stated, definitions used herein shall have the same meaning as those defined in VCB’s Circular dated 31 January 2020, VCB’s Abridged Prospectus dated 19 March 2020 and announcements dated 3 April 2020 and 13 April 2020, respectively, in relation to the Rights Issue of Shares. On behalf of the Board, AmInvestment Bank is pleased to announce that as at the closing of acceptance, excess application and payment for the Rights Issue of Shares at 5.00 p.m. on 3 April 2020 (“Closing Date”), VCB had received valid acceptances and excess applications for a total of 112,655,537 Rights Shares, representing a subscription rate of 79.35% over the total number of 141,979,681 Rights Shares available for subscription. Details of the valid acceptances and excess applications received as at the Closing Date are as follows:- Number of Rights Shares As a percentage of the total Rights Shares available for subscription Total valid acceptances 51,891,750 36.55% Total valid excess applications 60,763,787 42.80% Total valid acceptances and excess applications 112,655,537 79.35% Total number of Rights Shares available for subscription 141,979,681 100.00% Not subscribed for 29,324,144 20.65% For the avoidance of doubt, the Share Registrar of the Company did not receive any withdrawal application from the Subscribing Shareholders by 17 April 2020, being the closing date for the Voluntary Withdrawal Offer announced by the Company on 3 April 2020. Notwithstanding that the Rights Issue of Shares is under-subscribed, the Company has successfully raised a total gross proceeds of RM25.91 million, which is above the minimum gross proceeds of RM9.00 million to be raised under the Minimum Subscription Level. In view that the Rights Issue of Shares was not fully-subscribed, the Board has decided to allot the Rights Shares to all the applicants who have applied for the Rights Shares and excess Rights Shares in full. The Rights Shares are expected to be listed and quoted on the Main Market of Bursa Securities on 28 April 2020. This announcement is dated 20 April 2020.

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VERSATILE CREATIVE BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Rights Issue
Details of corporate proposal	Renounceable rights issue of up to 141,979,681 new ordinary shares in Versatile Creative Berhad ("VCB") ("Rights Shares") at an issue price of RM0.23 per Rights Share, on the basis of one (1) Rights Share for every one (1) existing ordinary share in VCB held by the entitled shareholders as at 5.00 p.m. on 19 March 2020 ("Rights Issue of Shares")
No. of shares issued under this corporate proposal	112,655,537
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.2300
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	254,635,218
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 97,172,941.510
Listing Date	28 Apr 2020

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

VERSATILE CREATIVE BERHAD

Particulars of Substantial Securities Holder

Name	MR KUAN KAR CHIN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares
Name & address of registered holder	HLIB NOMINEES (TEMPATAN) SDN BHDHong Leong Bank Bhd for Kuan Kar ChinLevel 3A, Block B, Plaza ZurichNo. 12, Jalan GelenggangBukit Damansara, 50490 Kuala LumpurWilayah Persekutuan

Date interest acquired & no of securities acquired
Date interest acquired	28 Apr 2020
No of securities	15,293,400
Circumstances by reason of which Securities Holder has interest	Rights Issue of shares
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	21,086,800
Direct (%)	8.281
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	28 Apr 2020
Date notice received by Listed Issuer	30 Apr 2020

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

VERSATILE CREATIVE BERHAD

Particulars of Substantial Securities Holder

Name	MR TOH CHEE THIN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares
Name & address of registered holder	TOH CHEE THIN25, Jalan PJU 3/12E, Tropicana Indah Resort Homes, 47410 Petaling Jaya, Selangor

Date interest acquired & no of securities acquired
Date interest acquired	28 Apr 2020
No of securities	10,517,535
Circumstances by reason of which Securities Holder has interest	Rights Issue of shares
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	13,931,935
Direct (%)	5.471
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	28 Apr 2020
Date notice received by Listed Issuer	30 Apr 2020

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

VERSATILE CREATIVE BERHAD

Particulars of Substantial Securities Holder

Name	MR LEE WAH LIAN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares
Name & address of registered holder	LEE WAH LIAN45, Jalan USJ 2/5H, 47600 Subang Jaya, Selangor

Date interest acquired & no of securities acquired
Date interest acquired	28 Apr 2020
No of securities	14,340,400
Circumstances by reason of which Securities Holder has interest	Rights Issue of shares
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	20,580,800
Direct (%)	8.082
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	28 Apr 2020
Date notice received by Listed Issuer	30 Apr 2020

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Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

VERSATILE CREATIVE BERHAD

Particulars of substantial Securities Holder

Name	NSK TRADING SDN BHD
Address	NO. 5-9A, THE BOULEVARD OFFICES MID VALLEY CITY LINGKARAN SYED PUTRA KUALA LUMPUR 59200 Wilayah Persekutuan Malaysia.
Company No.	230924-V
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	28 Apr 2020	20,130,000	Others	Direct Interest
	Name of registered holder	NSK Trading Sdn Bhd
	Address of registered holder	Wisma Yap Teh (TAG), Lot 4674 & Lot 4675, Selayang, Batu 8, Jalan Ipoh, 68100 Batu Caves, Selangor
	Description of "Others" Type of Transaction	Rights Issue
2	28 Apr 2020	306,000	Acquired	Direct Interest
	Name of registered holder	NSK Trading Sdn Bhd
	Address of registered holder	Wisma Yap Teh (TAG), Lot 4674 & Lot 4675, Selayang, Batu 8, Jalan Ipoh, 68100 Batu Caves, Selangor
	Description of "Others" Type of Transaction
3	28 Apr 2020	28,482,900	Others	Direct Interest
	Name of registered holder	Amsec Nominees (Tempatan) Sdn Bhd-Pledged securities account-AmBank (M) Berhad for NSK Trading SB
	Address of registered holder	15th Floor, Bangunan Ambank Group, 55, Jalan Raja Chulan, 50200 Kuala Lumpur, Wilayah Persekutuan
	Description of "Others" Type of Transaction	Rights Issue
4	29 Apr 2020	542,100	Acquired	Direct Interest
	Name of registered holder	NSK Trading Sdn Bhd
	Address of registered holder	Wisma Yap Teh (TAG), Lot 4674 & Lot 4675, Selayang, Batu 8, Jalan Ipoh, 68100 Batu Caves, Selangor
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Rights Issue of shares and acquisition from open market
Nature of interest	Direct Interest
Direct (units)	78,073,900
Direct (%)	30.661
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	78,073,900
Date of notice	29 Apr 2020
Date notice received by Listed Issuer	30 Apr 2020

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Type	Announcement
Subject	OTHERS
Description	Revaluation of Non-Current Assets
VCB has carried out a revaluation exercise on a parcel of leasehold industrial land erected with a single-storey detached factory with 2-storey office held under title no. PN 32025, Lot 42166, Seksyen 15, Bandar Ampang, District of Ulu Langat, State of Selangor bearing postal address of Lot 30745, Jalan Pandan Indah, Pandan Indah, 55100 Kuala Lumpur (“the said Property”). Versatile Paper Boxes Sdn Bhd (“VPB”), a wholly owned subsidiary company of VCB, is the registered owner of the said Property. Pursuant to Paragraph 9.19(46) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Company wishes to announce that the Board of Directors of VCB had on 25 June 2020, approved the Revaluation Surplus for incorporation in the financial statements of VCB for the financial year ended 31 March 2020. The details of the revaluation is as per attachment. This announcement is dated 26 June 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3062871

Attachments Revaluation of properties v1.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

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

1	Revenue	11,181	14,110	47,085	55,667
2	Profit/(loss) before tax	-9,876	-7,031	-14,044	-17,520
3	Profit/(loss) for the period	-9,712	-5,848	-13,880	-16,343
4	Profit/(loss) attributable to ordinary equity holders of the parent	-9,712	-5,848	-13,880	-16,343
5	Basic earnings/(loss) per share (Subunit)	-6.84	-4.53	-9.78	-12.66
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	0.2300		0.3100

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VERSATILE CREATIVE BERHAD

Date of change	25 Jun 2020
Name	MR LOH TECK WAH
Age	47
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Independent Director
New Position	Executive Director
Directorate	Executive

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Accounting and Finance	Middlesex University, London UnitedKingdom

Working experience and occupation	Mr. Loh started his career in banking since 1996. He rose from a junior officer position to his final position of vice president before he left the banking industry to venture into own his business that is involved in fund raising consultancy services, corporate advisory services, equity & property investment and food & beverage distribution
Family relationship with any director and/or major shareholder of the listed issuer	N/A
Any conflict of interests that he/she has with the listed issuer	N/A
Details of any interest in the securities of the listed issuer or its subsidiaries	Mr. Loh currently holds 2,900,000 ordinary shares, representing 1.139% of the total number of issued share capital of the Company.

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BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS VERSATILE CREATIVE BERHAD AND FINES ITS FORMER MANAGING DIRECTOR

VERSATILE CREATIVE BERHAD

Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded Versatile Creative Berhad (VERSATL) and its former Managing Director for breaches of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).  In addition, the former Managing Director of VERSATL was fined RM29,000.

VERSATL was publicly reprimanded for breach of paragraph 9.23(1) of the Main LR where VERSATL had failed to issue the annual report that included the annual audited financial statements together with the auditors’ and directors’ report for the financial year ended (FYE) 31 March 2018 (AR 2018) on or before 31 July 2018 (the Breach).  The AR 2018 was only issued on 14 September 2018.

Dato’ Wong Kong Choong @ Leong Kong Choong (Dato’ KC Wong), the former Managing Director and Group Chief Executive Officer of VERSATL had breached paragraphs 16.13(a) and (b) of the Main LR for causing and permitting knowingly or where he had reasonable means of obtaining such knowledge, VERSATL to commit the Breach.

The finding of breach and imposition of the above penalties on VERSATL and Dato’ KC Wong were made pursuant to paragraph 16.19 of the Main LR upon completion of due process and after taking into consideration all facts and circumstances of the matter including the materiality of the breach, impact of the breach to VERSATL and shareholders/investors and the roles, responsibilities and conduct of Dato’ KC Wong.  

Bursa Malaysia Securities views the contravention seriously as the timely submission of financial statements is one of the fundamental obligations of listed companies and is of paramount importance in ensuring a fair and orderly market for securities traded on Bursa Malaysia Securities and necessary to aid informed investment decisions.

BACKGROUND

The delay in issuance of the AR 2018 was mainly due to the failure to resolve the audit issue on the prepayments/purported professional fees for land conversion services amounting to RM2.3 million (the Prepayments).  The audit issue was highlighted by the external auditors during the audit committee meeting on 24 May 2018 but VERSATL failed to resolve the audit issue expeditiously and ensure timely issuance of the AR 2018.  VERSATL was unable to procure and provide sufficient appropriate audit evidence and satisfactory explanations/justifications on the Prepayments to the external auditors which led to the appointment of an investigative audit on 3 July 2018 and gave rise to the external auditors’ qualified opinion in the audited financial statements for FYE 31 March 2018 announced on 7 September 2018.

Dato’ KC Wong had essentially caused the unresolved audit issue and the Breach by virtue of his roles, responsibilities, knowledge and involvement in respect of the Prepayments.  He had failed to discharge his duty particularly to ensure proper supervision, maintenance and provision of the supporting documents/records and satisfactory explanations/justifications on the Prepayments to resolve the audit issue and facilitate the preparation and timely issuance of the AR 2018.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	9,840	13,782	9,840	13,782
2	Profit/(loss) before tax	4,660	6	4,660	6
3	Profit/(loss) for the period	4,660	6	4,660	6
4	Profit/(loss) attributable to ordinary equity holders of the parent	4,660	6	4,660	6
5	Basic earnings/(loss) per share (Subunit)	2.11	0.00	2.11	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	0.2500		0.2300

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VERSATILE CREATIVE BERHAD

Date of change	14 Sep 2020
Name	MR GAN JIN ENG
Age	33
Gender	Male
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Financial Officer
Reason	To pursue his own interest
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 has more than 8 years of experience in assignments related to financial due diligence reviews, investment analysis, assurance services, internal control & corporate governance reviews and other transaction advisory services

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Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	VERSATILE CREATIVE BERHAD ("VERSATILE" OR THE "COMPANY")(I)        PROPOSED COLLABORATION BETWEEN VERSATILE AND NSK TRADING SDN BHD; AND(II)        PROPOSED DIVERSIFICATION OF THE EXISTING BUSINESS OF VERSATILE AND ITS SUBSIDIARIES ("GROUP") TO INCLUDE GROCERY BUSINESS(COLLECTIVELY, "PROPOSALS")
On behalf of the Board of Directors of Versatile (“Board”), M&A Securities Sdn Bhd (“M&A Securities”) wishes to announce that Versatile had on 2 October 2020 entered into a conditional collaboration agreement (“Collaboration Agreement”) with NSK Trading Sdn Bhd to jointly undertake trading, wholesale and retail grocery business (“Grocery Business”) (“Proposed Collaboration”). In view of the potential financial contribution of the Proposed Collaboration, Versatile also wishes to diversify the existing business of the Group to include the Grocery Business (“Proposed Diversification”). Further details of the Proposals are set out in the attachment. This annoucement is dated 2 October 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3093374

Attachments Versatile - Proposed Collaboration and Diversification.pdf

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	10,739	11,823	20,580	25,604
2	Profit/(loss) before tax	1,232	-1,407	5,891	-1,401
3	Profit/(loss) for the period	1,224	-1,407	5,883	-1,401
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,224	-1,407	5,883	-1,401
5	Basic earnings/(loss) per share (Subunit)	0.48	-0.99	2.47	-1.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	0.2600		0.2300

Notice of Person Ceasing (Section 139 of CA 2016)

VERSATILE CREATIVE BERHAD

Particulars of Substantial Securities Holder

Name	MR LEE WAH LIAN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	Lee Wah Lian
Date of cessation	21 Dec 2020

No of securities disposed	15,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of shares to NSK Trading Sdn Bhd via direct business transaction
Nature of interest	Direct Interest
Date of notice	22 Dec 2020
Date notice received by Listed Issuer	23 Dec 2020

Subject

INDEPENDENT ADVICE CIRCULAR TO THE HOLDERS OF THE OFFER SHARES IN RELATION TO THE CONDITIONAL MANDATORY TAKE-OVER OFFER BY NSK TRADING SDN BHD ("OFFEROR") THROUGH AMINVESTMENT BANK BERHAD TO ACQUIRE ALL THE REMAINING ORDINARY SHARES IN VERSATILE CREATIVE BERHAD NOT ALREADY OWNED BY THE OFFEROR, JOINT ULTIMATE OFFERORS AND PERSONS ACTING IN CONCERT WITH THEM ("OFFER SHARE(S)") FOR A CASH CONSIDERATION OF RM0.70 PER OFFER SHARE ("OFFER")

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3122856

Attachments VCB - Independent Advice Circular.pdf

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	VERSATILE CREATIVE BERHAD ("VERSATILE" OR THE "COMPANY")PROPOSED PLACEMENT OF UP TO 10% OF VERSATILE'S TOTAL NUMBER OF ISSUED SHARES ("PROPOSED PLACEMENT")
On behalf of the Board of Directors of Versatile, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the Proposed Placement. Please refer to the attachment for further details on the Proposed Placement. This announcement is dated 24 November 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3212092

Attachments Versatile - Announcement.pdf

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	10,066	10,739	21,397	20,580
2	Profit/(loss) before tax	-65	1,232	-495	5,891
3	Profit/(loss) for the period	-65	1,224	-495	5,883
4	Profit/(loss) attributable to ordinary equity holders of the parent	23	1,224	-310	5,883
5	Basic earnings/(loss) per share (Subunit)	0.01	0.48	-0.12	2.47
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	0.2600		0.2600

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VERSATILE CREATIVE BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Private Placement
Details of corporate proposal	PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF VERSATILE CREATIVE BERHAD
No. of shares issued under this corporate proposal	25,463,500
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.4600
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units	280,098,718
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 105,886,152.000
Listing Date	20 Dec 2021

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Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) BONUS ISSUES
Description	VERSATILE CREATIVE BERHAD ("VCB" OR THE "COMPANY")PROPOSED BONUS ISSUE OF WARRANTS
On behalf of the Board of Directors of VCB, Affin Hwang Investment Bank Berhad wishes to announce that the Company proposes to undertake a bonus issue of up to 140,049,359 warrants (“Warrants”) on the basis of 1 Warrant for every 2 existing ordinary shares in VCB held by the shareholders of VCB whose names appear in the Company’s Record of Depositors on an entitlement date that the Board will determine and announce later (“Proposed Bonus Issue of Warrants”). Further information on the Proposed Bonus Issue of Warrants is set out in the attachment. This announcement is dated 28 September 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3295335

Attachments VCB - Proposed Bonus Issue of Warrants.pdf

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VERSATILE CREATIVE BERHAD

Date of change	01 Oct 2022
Name	MR CHEN CHUEN SUM
Age	62
Gender	Male
Nationality	Malaysia
Designation	Non-Independent Director
Directorate	Non Independent and Non Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Finance	B.Sc in Business (Finance) from MontanaState University, Bozeman, United States

Working experience and occupation	Mr. Chen has 30 years of working experience in the financial industry covering various areas including Credit and Marketing (Leasing and Hire-Purchase) and Commercial Banking. He began his career in Credit and Marketing (Leasing and Hire-Purchase) division where he was responsible for the marketing of hire-purchase and leasing facilities, and evaluate applicants and loan documentation. He was able to secure a significant amount in leasing and hire-purchase facilities on the back of an economy in recession. In 1987, he joined Malaysian French Bank Berhad (now known as Alliance Bank Malaysia Berhad). He was actively involved in Commercial Banking covering Credit and Marketing, Branch Banking, Priority Banking, Business Development Centre and Regional Sales, Risk Management and Compliance. In 2007, he joined RCE Factoring Sdn Bhd as a General Manager/Director for 7 years. In RCE, he was responsible in managing a factoring house which includes to plan, organize and implement strategic plan to grow market share, to provide leadership to sales team to increase SME market business and organizing sales events/activities and local prospecting to grow new existing business, and to ensure all teams maintain proper operational controls and compliance with policies and procedures. He was the Chairman of the Malaysian Factors Association until March 2015.In 2016, he joined Nexgram Holdings Berhad as Executive Director until 2017. He is currently a Director in NSK Trading Sdn. Bhd., a major shareholder of Versatile Creative Berhad.
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 a Director of NSK Trading Sdn. Bhd., a major shareholder of the Company

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VERSATILE CREATIVE BERHAD

Particulars of substantial Securities Holder

Name	NSK TRADING SDN BHD
Address	NO. 5-9A, THE BOULEVARD OFFICES MID VALLEY CITY LINGKARAN SYED PUTRA KUALALUMPUR 59200 Wilayah Persekutuan Malaysia.
Company No.	199101020613 (230924-V)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	29 Mar 2024	3,000,000	Acquired	Direct Interest
	Name of registered holder	NSK Trading Sdn Bhd
	Address of registered holder	Wisma Yap Tieh (TAG), Lot 4674 & Lot 4675, Selayang, Batu 8, Jalan Ipoh, 68100 Batu Caves, Selangor
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition via Direct Business Transaction
Nature of interest	Direct Interest
Direct (units)	116,241,500
Direct (%)	41.5
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	116,241,500
Date of notice	01 Apr 2024
Date notice received by Listed Issuer	01 Apr 2024

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	86,393	56,046	86,393	56,046
2	Profit/(loss) before tax	3,582	848	3,582	848
3	Profit/(loss) for the period	2,496	557	2,496	557
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,594	66	1,594	66
5	Basic earnings/(loss) per share (Subunit)	0.57	0.02	0.57	0.02
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		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 ($$)	0.3000		0.2900