Board Change • May 13
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Jan 13
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 18
First half 2026 earnings released: RM0.031 loss per share (vs RM0.005 loss in 1H 2025) First half 2026 results: RM0.031 loss per share (further deteriorated from RM0.005 loss in 1H 2025). Revenue: RM19.5m (down 5.2% from 1H 2025). Net loss: RM4.14m (loss widened RM3.45m from 1H 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance. New Risk • Oct 16
New major risk - Revenue and earnings growth Earnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 3.5% per year over the past 5 years. Market cap is less than US$10m (S$9.86m market cap, or US$7.61m). Board Change • Oct 15
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Aug 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 14
Versalink Holdings Limited, Annual General Meeting, Aug 28, 2025 Versalink Holdings Limited, Annual General Meeting, Aug 28, 2025, at 10:30 Singapore Standard Time. Location: the theatrette, level 2, raffles marina, 10 tuas west drive, singapore 638404, Singapore Board Change • Jul 21
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • May 26
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. New Risk • May 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended August 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (S$5.00m market cap, or US$3.85m). Minor Risk Latest financial reports are more than 6 months old (reported August 2024 fiscal period end). Board Change • Mar 24
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 19
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Feb 04
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Dec 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 17
First half 2025 earnings released: RM0.005 loss per share (vs RM0.013 loss in 1H 2024) First half 2025 results: RM0.005 loss per share (improved from RM0.013 loss in 1H 2024). Revenue: RM20.6m (up 5.4% from 1H 2024). Net loss: RM684.0k (loss narrowed 62% from 1H 2024). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Announcement • Jun 14
Versalink Holdings Limited, Annual General Meeting, Jun 27, 2024 Versalink Holdings Limited, Annual General Meeting, Jun 27, 2024, at 14:30 Singapore Standard Time. Location: the theatrette, level 2, raffles marina, 10 tuas west drive, singapore 638404, Singapore Reported Earnings • May 01
Full year 2024 earnings released: RM0.03 loss per share (vs RM0.12 profit in FY 2023) Full year 2024 results: RM0.03 loss per share (down from RM0.12 profit in FY 2023). Revenue: RM37.7m (down 16% from FY 2023). Net loss: RM4.04m (down 126% from profit in FY 2023). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Announcement • Apr 20
Versalink Holdings Limited to Report Fiscal Year 2024 Results on Apr 29, 2024 Versalink Holdings Limited announced that they will report fiscal year 2024 results on Apr 29, 2024 Board Change • Nov 01
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. 1 highly experienced director. Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Oct 19
Versalink Holdings Limited Appoints Chong Kwang Shih as the Lead Independent Director The board of directors of Versalink Holdings Limited refers to the Company's announcement in relation to the appointment of Mr. Chong Kwang Shih as the Lead Independent Director of the Company, the Chairman of the Audit Committee, as well as a member of the Nominating Committee and the Remuneration Committee of the Company with effect from 19 October 2023. Announcement • Sep 28
Versalink Holdings Limited Announces Change of Company Secretary Versalink Holdings Limited announced Mr. Seah Kim Swee has resigned as the Company Secretary of the Company and the Company has appointed Mr. Lim Kok Meng as Company Secretary of the Company, with effect from 27 September 2023. Announcement • Jun 13
Versalink Holdings Limited, Annual General Meeting, Jun 27, 2023 Versalink Holdings Limited, Annual General Meeting, Jun 27, 2023, at 10:30 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and the Audited Financial Statements of the Company for the financial year ended February 28, 2023, together with the Auditor's Report thereon; to re-elect Dato' Dr Lee Chung Wah as a Director of the Company; to re-elect Datuk Lim Tong Lee as a Director of the Company; to re-appoint RSM Chio Lim LLP as Auditors of the Company and to authorize the Directors of the Company to fix their remuneration; and to consider other matters. Reported Earnings • Apr 30
Full year 2023 earnings released: EPS: RM0.12 (vs RM0.017 loss in FY 2022) Full year 2023 results: EPS: RM0.12 (up from RM0.017 loss in FY 2022). Revenue: RM44.8m (up 19% from FY 2022). Net income: RM15.8m (up RM18.2m from FY 2022). Profit margin: 35% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Upcoming Dividend • Feb 16
Upcoming dividend of S$0.018 per share at 42% yield Eligible shareholders must have bought the stock before 23 February 2023. Payment date: 16 March 2023. Trailing yield: 42%. Within top quartile of Singaporean dividend payers (6.2%). Higher than average of industry peers (3.6%). Reported Earnings • Jan 14
Third quarter 2023 earnings released: RM0.007 loss per share (vs RM0.013 profit in 3Q 2022) Third quarter 2023 results: RM0.007 loss per share (down from RM0.013 profit in 3Q 2022). Revenue: RM10.5m (down 25% from 3Q 2022). Net loss: RM1.01m (down 159% from profit in 3Q 2022). Announcement • Jan 14
Versalink Holdings Limited Declares an Interim Cash Tax Exempt (One-Tier) Dividend for the Third Quarter Ended 30 November 2022 Versalink Holdings Limited announced that the Board of Directors of the Company has declared an Interim Cash Tax Exempt (one-tier) Dividend of 1.8 cents per share for the third quarter ended 30 November 2022. Reported Earnings • Oct 14
First half 2023 earnings released: EPS: RM0.015 (vs RM0.015 loss in 1H 2022) First half 2023 results: EPS: RM0.015 (up from RM0.015 loss in 1H 2022). Revenue: RM24.0m (up 77% from 1H 2022). Net income: RM1.96m (up RM3.98m from 1H 2022). Profit margin: 8.2% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jun 11
Versalink Holdings Limited, Annual General Meeting, Jun 29, 2022 Versalink Holdings Limited, Annual General Meeting, Jun 29, 2022, at 14:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' statement and the audited financial statements of the company for the financial year ended 28 February 2022, together with the auditor's report thereon; to approve the payment of Directors' fees of SGD 97,500 for the financial year ended 28 February 2022; to approve the payment of Directors' fees of SGD 105,000 for the financial year ending 28 February 2023, to be paid monthly in arrears; to re-elect Datuk Lim Tong Lee as a Director of the company; and to consider other matters. Announcement • May 24
Versalink Holdings Limited Announces Board Appointments Versalink Holdings Limited announced Appointment of Law Pei Ling as Non-Independent Non-Executive Director as well as a member of the Audit Committee, the Nominating Committee and the Remuneration Committee. Law was an Executive Director of the Company from 2014 to 2020. Thus, Ms. Law has prior experience as a director of a company listed on the Exchange. Announcement • May 10
Versalink Holdings Limited Announces Board and Committee Changes The board of directors of Versalink Holdings Limited announced the following changes to the Board and the Board Committees of the Company with effect from 16 May 2022: The cessation of Mr. Law Boon Seng as an Executive Director of the Company Following the Cessation, Mr. Law will also cease to be a member of the Nominating Committee of the Company; the relinquishment of Datuk Lim Tong Lee from his position as Chairman of the Audit Committee of the Company. Following the Relinquishment, Datuk Lim will remain as a member of the Audit Committee of the Company; and the appointment of Mr. Sho Kian Hin as Chairman of the Audit Committee of the Company. Board Change • May 04
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Kian Sho was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 31
Less than half of directors are independent There are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Group CEO & Executive Director Matthew Law is the most experienced director on the board, commencing their role in 2014. Independent Non-Executive Director Kian Sho was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Announcement • Mar 10
Versalink Holdings Limited Announces Executive Changes Versalink Holdings Limited announced that effective 8 March 2022, the company announced re-designation of Dato' Lee Chung Wah as the Independent Non-Executive Chairman of the Company to an Executive Director of the Company. Following the Re-designation, Dato' Lee Chung Wah will cease to be the Chairman of the Nominating Committee of the Company ("NC") as well as a member of the Audit Committee and the Remuneration Committee of the Company. The appointment of Datuk Lim Tong Lee, an Independent Non-Executive Director of the Company and a member of the NC, as the Independent Non-Executive Chairman of the Board and the Chairman of the NC; and the cessation of Mr. Law Kian Guan as an Executive Director of the Company (the "Cessation"). Mr. Law Kian Guan will remain as a key executive officer of the Company with no changes to his day-to-day responsibilities in his executive role in the Company. Reported Earnings • Jun 14
Full year 2021 earnings released: RM0.031 loss per share (vs RM0.01 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: RM35.4m (down 28% from FY 2020). Net loss: RM4.20m (loss widened 203% from FY 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Executive Departure • Mar 02
Group COO & Executive Director of Corporate Strategy has left the company On the 28th of February, Pei Law's tenure in the role of Group COO & Executive Director of Corporate Strategy ended. As of December 2020, Pei personally held 15.46m shares (S$1.1m worth at the time). Pei is the only executive to leave the company over the last 12 months. 
