Recent Updates — VSME
On August 3, 2026, VS MEDIA Holdings Limited entered into eight unsecured loan agreements with individual lenders for an aggregate principal amount of S$1,047,000 (approximately US$830,952). Each agreement carries a term of six months from disbursement and accrues interest at 10% per annum on a simple basis. Proceeds are disbursed to subsidiary Aurenza Living Private Limited for working capital and business development. The obligations are unsecured with no guarantees provided by affiliates or officers, and the company may prepay without penalty. VS MEDIA Holdings Ltd operates in the media and entertainment industry.
On July 13, 2026, VS MEDIA Holdings Limited appointed Ms. Chen Shulan as Director and Executive Chairman with an annual base compensation of US$300,000. Ms. Lim Hui Leng was appointed as an independent Director and Chairman of the Audit Committee with an annual fee of US$20,000. Mr. Yuen Jia Feng Leonard was appointed as Chief Financial Officer with a monthly base salary of SGD 10,500. Additionally, Mr. Tang Kaidi resigned as a Director and Chairman of the Audit Committee effective July 13, 2026. The company previously disclosed the resignations of Chairperson Ms. Nga Fan Wong and CFO Mr. Yuet Wang Mok. The company operates in the media industry.