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0 0 0.0332369942196533 0.0332369942196533 0.0399807321772638 0.0794797687861271 0.0611753371868978 0.114643545279383
Stock impact report

Kandal M Venture Limited Announces Investment in Manufacturing Facility in the Philippines to Diversify Global Footprint

Kandal M Venture Limited - Class A ordinary Shares (FMFC) 
Company Research Source: GlobeNewswire
Takhmao, Cambodia, March 09, 2026 (GLOBE NEWSWIRE) -- Kandal M Venture Limited (Nasdaq: FMFC) (“Kandal” or the “Company”), a contract manufacturer of affordable luxury leather goods with manufacturing operations in Cambodia, today announced a strategic investment to expand its manufacturing capabilities into the Philippines. Kandal entered into a definitive agreement to acquire 15% equity interest in Dumaine International Ltd for about the equivalent of US$2.5 million in an all-cash transaction. This investment marks the Company’s first major expansion outside of its primary Cambodian operations. Strategic Rationale: Diversification and Capacity Expansion The investment in Dumaine International is a key pillar of Kandal’s long-term strategy to: Geographic Risk Diversification: Mitigate regional concentration risks by establishing a multi-country manufacturing footprint.Client Acquisition: Enhances the Company’s ability to attract premier global brands by offering strategic supp Show less Read more
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