not vested
In addition to the several assembly lines for box-build products which have
commenced production since Nov 16, VS Industry will begin production of an additional three assembly lines in 4Q17.
Key catalyst in the medium term will be the fill-up of capacity at its new plant
(which can accommodate up to 12 assembly lines) upon completion in mid-18 on
the back of potential contracts from new customers.
Share Price Catalyst
Securing new contracts from existing or new customers.
Securing new contracts for its China ops via 43.5%-owned VS International Group (VSIG).
Source: UOBKH