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    VIP   AU000000VIP0

VIP GLOVES LIMITED

(VIP)
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VIP Gloves Limited Announces the Appointment of Kay Wen Chen as Executive Director of VIP

06/09/2021 | 06:45pm EDT

The Board of VIP Gloves Limited announced the appointment of Ms Kay Wen Chen as Executive Director of VIP. Ms Chen has been directly involved with the Company's Malaysian subsidiaries since 2010 and was appointed a Director of KLE Products Sdn Bhd in 2014, and then as a director of VIP Glove Sdn Bhd when that company was founded in 2016 for the purpose of the production of nitrile gloves. Ms Chen has been responsible for overseeing the finance and administration operations of both companies, contributing to the company's growth in the glove manufacturing sector, and will continue as executive director of those companies in Malaysia. Ms Chen has a BS (Hons) in Business Administration from the UK and has previous experience as an Administration Executive for a Malaysian media industry company.


© S&P Capital IQ 2021
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Financials
Sales 2021 48,1 M 35,6 M 35,6 M
Net income 2021 4,72 M 3,49 M 3,49 M
Net cash 2021 0,78 M 0,58 M 0,58 M
P/E ratio 2021 7,97x
Yield 2021 4,89%
Capitalization 29,1 M 21,6 M 21,5 M
EV / Sales 2020 1,97x
EV / Sales 2021 0,75x
Nbr of Employees 80
Free-Float 45,8%
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Managers and Directors
Chin Kar Yang Group Managing Director & Executive Director
Ruey Shen Ow Chief Financial Officer
Kai Fatt Wong Non-Executive Chairman
How Weng Chang Independent Non-Executive Director
David Low Independent Non-Executive Director