VS MEDIA Holdings Ltd current report, Q3 FY2026

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Business Context and Reporting Period

Company: VS MEDIA Holdings Ltd
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: August 2026
Key Event: On August 3, 2026, the Company entered into eight separate unsecured loan agreements with individual lenders.

Key Financial Metrics

The filing does not provide comprehensive financial statements (revenue, profit, cash flow, or margins). The following debt metrics are disclosed:

  • Total Principal Amount: S$1,047,000 (approximately US$830,952).
  • Interest Rate: 10% per annum (simple interest).
  • Term: 6 months from the date of disbursement.
  • Disbursement Timeline: Within 45 calendar days of execution.
  • Use of Proceeds: Working capital, business development, and other lawful corporate purposes.
  • Collateral: Unsecured; no guarantees provided by subsidiaries, shareholders, or directors.

Material Changes

This filing reports a new material debt obligation. The Company has increased its liabilities by S$1,047,000 through the execution of the Loan Agreements. No prior comparable period data is provided in this specific filing to assess year-over-year changes in financial performance.

Guidance, Outlook, and Risks

Management Commentary: Proceeds are designated for working capital and business development. The Company retains the right to prepay principal without penalty, provided accrued interest is paid.
Risks and Contingencies:

  • Default Risk: An event of default occurs if principal or interest is not paid within 5 business days of written notice, allowing lenders to declare all outstanding amounts immediately due.
  • Settlement Flexibility: Parties may agree to non-cash settlement arrangements to discharge obligations.
  • Jurisdiction: Agreements are governed by Singapore law with exclusive jurisdiction in Singapore courts.
Guidance: No forward-looking financial guidance or revenue outlook is provided in this filing.

Investor Verification Checklist

  • Verify the actual disbursement date and confirmation of funds received by the subsidiary, Aurenza Living Private Limited.
  • Confirm the Company's current liquidity position to ensure ability to service the 10% interest and principal repayment within the 6-month term.
  • Review the full text of Exhibit 10.1 for any covenants or conditions not summarized in the filing.
  • Monitor for any subsequent filings regarding prepayment or alternative non-cash settlement arrangements.