VS MEDIA Holdings Ltd (VSME) Form 6-K — Sep 23, 2026
VS MEDIA Holdings filed a 6-K containing a proxy statement for an Extraordinary Meeting on October 9, 2026, asking shareholders to approve a group restructuring and a Second Amended and Restated Memorandum and Articles of Association. The Restructuring moves VS MEDIA PTE. LTD. under Aurenza Group Limited and sells VSM Holdings Limited to an unaffiliated third party for US$1.00, disposing of loss-making businesses the Board says impose ongoing administrative and financial costs without near-term profitability prospects.
Key figures
- Meeting date
- October 9, 2026
- Vsm sale consideration
- US$1.00
- Class b votes per share
- 18
- Vs media sg stake in st meng
- 41%
- Director removal threshold new
- 50%
- Director removal threshold old
- 75%
- Eligible member compensation threshold
- US$300,000
AI analysis
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