V.S. International Group (1002) Announces Discloseable and Connected Transaction Regarding Exercise of Call Option

Bulletin Express

Jan 30

V.S. International Group (1002) has released details of a discloseable and connected transaction arising from a partial exercise of its call option to acquire additional shares in VS Industry Vietnam Joint Stock Company (V.S. Vietnam). The Company, through its subsidiary V.S. Holding Vietnam Limited (V.S. Holding), plans to acquire 6,000,000 ordinary shares of V.S. Vietnam from B&E Holding Limited, at a total consideration of approximately HK$32.13 million. The per-share exercise price of HK$5.355 reflects an independent valuation of V.S. Vietnam Group performed by a third-party valuer.

Upon completion, the Company will settle the consideration by issuing 267,750,000 new shares at an issue price of HK$0.12 per share, representing around 9.64% of the enlarged share capital. An Extraordinary General Meeting is set for 27 February 2026, during which Independent Shareholders will vote on the proposal. If approved, V.S. International Group’s stake in V.S. Vietnam will rise to approximately 76.90%, and V.S. Vietnam will remain a non-wholly owned subsidiary of the Company.

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International Group (1002) has released details of a discloseable and connected transaction arising from a partial exercise of its call option to acquire additional shares in VS Industry Vietnam Joint Stock Company (V.S. Vietnam). The Company, through its subsidiary V.S. Holding Vietnam Limited (V.S. Holding), plans to acquire 6,000,000 ordinary shares of V.S. Vietnam from B&E Holding Limited, at a total consideration of approximately HK$32.13 million. The per-share exercise price of HK$5.355 reflects an independent valuation of V.S. Vietnam Group performed by a third-party valuer.</p>\n<p>Upon completion, the Company will settle the consideration by issuing 267,750,000 new shares at an issue price of HK$0.12 per share, representing around 9.64% of the enlarged share capital. An Extraordinary General Meeting is set for 27 February 2026, during which Independent Shareholders will vote on the proposal. If approved, V.S. International Group’s stake in V.S. Vietnam will rise to approximately 76.90%, and V.S. Vietnam will remain a non-wholly owned subsidiary of the Company.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>V.S. 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International Group (1002) Announces Discloseable and Connected Transaction Regarding Exercise of Call Option\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1053168898\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/ed558ed0402cbe7d1ef4d150458f2b2e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Bulletin Express </p>\n<p class=\"h-time\">2026-01-30 20:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>V.S. International Group (1002) has released details of a discloseable and connected transaction arising from a partial exercise of its call option to acquire additional shares in VS Industry Vietnam Joint Stock Company (V.S. Vietnam). The Company, through its subsidiary V.S. Holding Vietnam Limited (V.S. Holding), plans to acquire 6,000,000 ordinary shares of V.S. Vietnam from B&E Holding Limited, at a total consideration of approximately HK$32.13 million. The per-share exercise price of HK$5.355 reflects an independent valuation of V.S. Vietnam Group performed by a third-party valuer.</p>\n<p>Upon completion, the Company will settle the consideration by issuing 267,750,000 new shares at an issue price of HK$0.12 per share, representing around 9.64% of the enlarged share capital. An Extraordinary General Meeting is set for 27 February 2026, during which Independent Shareholders will vote on the proposal. If approved, V.S. International Group’s stake in V.S. Vietnam will rise to approximately 76.90%, and V.S. 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