Kandal M Venture Ltd filed an initial statement of beneficial ownership on Form 3 for FMFC. This filing identifies the entity as an Independent Director-related reporting person for the company. The data provided show no reportable transactions or holdings, serving mainly as a baseline disclosure of insider status.
Kandal M Venture Ltd, listed as a director with a CEO role at Kandal M Venture Ltd, has filed an initial ownership report for FMFC. The filing shows direct ownership of 416,842 shares as of February 1, 2026.
This Form 3 is a baseline disclosure of existing holdings rather than a record of new buying or selling activity.
Kandal M Venture Ltd filed an initial Form 3 as a reporting person for FMFC, formally registering its status as an insider. The filing lists Kandal M Venture Ltd as a director-level reporting person but shows no reported stock transactions and no derivative positions in this statement.
Kandal M Venture Limited reported that its wholly owned subsidiary Padachi M Venture Ltd agreed to acquire a 15% equity stake in Dumaine International Ltd for US$2.5 million in an all-cash transaction. Dumaine operates a manufacturing facility in the Philippines.
The deal marks Kandal’s first major expansion outside Cambodia and is described as a step toward becoming a diversified regional manufacturing platform. Through this partnership, Kandal expects access to about 477,252 sq. ft. of production space and a workforce of over 3,500 employees, supporting greater capacity, design capabilities, and supply chain resilience for its affordable luxury leather goods business.
Kandal M Venture Ltd, an officer of Kandal M Venture Ltd [FMFC] with the title of CFO, filed an initial Form 3 ownership report. The filing states that no non-derivative or derivative securities of the issuer are beneficially owned, as confirmed in the Explanation of Responses.
Kandal M Venture Limited has appointed Mr. Fok Yui Kwong as its new Executive Director and Chief Executive Officer, effective February 1, 2026. At the same time, Mr. Ngee Woon Lim stepped down from his roles as CEO and Executive Director.
Mr. Fok brings over 16 years of senior management experience as Chief Financial Officer and Executive Director at a leading PCB manufacturing firm, plus more than 14 years of banking experience with major Hong Kong institutions. He holds a Bachelor of Economics from the Hong Kong University of Science and Technology and has been an ACCA member since 2002. The company notes he has no family relationships with its executives or directors and no related-party transactions in the past two years.
Kandal M Venture Limited filed an amended annual report on Form 20-F/A for the year ended March 31, 2025. The amendment responds to SEC staff comments and updates the section on disclosure controls and procedures.
Management, including the CEO and CFO, evaluated disclosure controls as of March 31, 2025 and concluded they were effective. The company notes that no management report or auditor attestation on internal control over financial reporting is included, relying on the SEC transition period for newly public companies. The amendment also adds updated CEO and CFO certifications under Sections 302 and 906 of the Sarbanes-Oxley Act and leaves all previously filed financial statements and other disclosures unchanged.
Kandal M Venture Limited (FMFC) disclosed that the IPO underwriters exercised their full 300,000-share over-allotment option on 9 Jul 2025 and closed the purchase on 16 Jul 2025. The shares, each with a $0.00001 par value, were sold at the IPO price of $4.00, adding roughly $1.2 million of gross proceeds. Inclusive of this greenshoe, the offering generated total gross proceeds of about $9.2 million before underwriting discounts and offering expenses.
The filing is deemed an entry into a material definitive agreement because it finalizes the share purchase terms with Dominari Securities LLC, the representative of the underwriting syndicate. While the added capital strengthens liquidity and signals demand for the stock, it also modestly dilutes existing shareholders; the post-offer share count is not provided.