Kandal M Venture (FMFC) discloses large indirect A and B share stakes

Rhea-AI Filing Summary

Kandal M Venture Ltd filed an initial insider ownership report for FMFC. The filing shows that the firm, identified as a director and more than 10% owner with the role of Chairman, holds its stake indirectly through DMD Venture Limited.

The report lists beneficial ownership of 2,952,000 Kandal M Venture Limited A shares and 1,350,000 Kandal M Venture Limited B shares, both held indirectly. These entries reflect existing holdings rather than new buy or sell transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Kandal M Venture Ltd

(Last) (First) (Middle)

PADACHI VILLAGE, PREK HO COMMUNE

TAKHMAO TOWN

(Street)

KANDAL PROVINCE

(City) (State) (Zip)

CAMBODIA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
06/25/2025

3. Issuer Name and Ticker or Trading Symbol
Kandal M Venture Ltd [ FMFC ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			Chairman

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Kandal M Venture Limited (A shares)	2,952,000	I	Indirectly holding the shares through DMD Venture Limited
Kandal M Venture Limited (B shares)	1,350,000	I	Indirectly holding the shares through DMD Venture Limited

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	LAM Sau Wai Sabrina sign on behalf of MIAO Duncan	03/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Kandal M Venture Ltd disclose in its FMFC Form 3?

Kandal M Venture Ltd discloses its initial beneficial ownership in FMFC. The filing reports indirect holdings of A and B shares through DMD Venture Limited, establishing its status as a director and more than 10% owner, with the role of Chairman.

How many FMFC A shares does Kandal M Venture Ltd report owning?

Kandal M Venture Ltd reports beneficial ownership of 2,952,000 A shares. These A shares are held indirectly through DMD Venture Limited, meaning the position is reported for transparency even though the shares are not held directly in Kandal M Venture Ltd’s own name.

How many FMFC B shares are reported by Kandal M Venture Ltd?

Kandal M Venture Ltd reports beneficial ownership of 1,350,000 B shares. Like the A shares, these B shares are held indirectly via DMD Venture Limited, reflecting an existing stake rather than a new purchase or sale in the current period.

Is Kandal M Venture Ltd a major insider of FMFC according to this filing?

Yes. The Form 3 identifies Kandal M Venture Ltd as both a director and a more than 10% owner of FMFC. It also notes a role of Chairman, signaling a significant governance and ownership position in the company from the outset.

Are the FMFC shares held directly by Kandal M Venture Ltd?

No. The filing states that Kandal M Venture Ltd holds the shares indirectly through DMD Venture Limited. This means DMD Venture Limited is the direct holder, while Kandal M Venture Ltd reports beneficial ownership for regulatory and disclosure purposes.

Does this FMFC Form 3 show any new insider purchases or sales?

No. The Form 3 presents existing beneficial holdings rather than new transactions. Both A and B share entries are classified as holding records with unknown transaction codes, indicating this is an initial ownership disclosure, not a record of recent trades.