VS MEDIA Holdings Ltd arranged Unsecured Loan agreements totaling S$1,047,000, or approximately US$830,952, with interest set at 10% annually. Investors can assess the funding’s cost, permitted uses and repayment framework, including the absence of Collateral and guarantees from subsidiaries, directors, officers or affiliates.

Key Highlights

  • The loans carry Simple Interest at 10% per annum.
  • Aurenza Living Private Limited will receive the proceeds solely as VS MEDIA’s designated agent.
  • Lenders may accelerate outstanding principal and accrued interest following an uncured payment default.

VS MEDIA Holdings Ltd (NASDAQ: VSME) entered into eight separate unsecured loan agreements for an aggregate principal amount of S$1,047,000, approximately US$830,952, on August 3, 2026.

Loan Agreements Set Funding Terms

Each agreement provides for a six-month term commencing on the date of disbursement. Interest accrues at 10% per annum on a simple-interest basis, calculated using the actual days elapsed over a 365-day year, and is payable with principal unless the parties agree otherwise. Aurenza Living Private Limited, a Singapore subsidiary, is designated only to receive the money on VS MEDIA Holdings Ltd’s behalf. The borrowing is unsecured. No subsidiary, shareholder, director, officer or affiliate provides a guarantee or repayment obligation, while the company may repay some or all outstanding principal early without a prepayment penalty if accrued interest is also paid. The parties may agree in writing to lawful alternative settlement arrangements, including non-cash consideration, subject to applicable approvals and requirements. Singapore law governs the agreements, and Singapore courts have exclusive Jurisdiction over related disputes.