KFM Kingdom Holdings Announces MYR2.1 Million Machinery Disposal to Connected Party

Reuters
09/29
KFM Kingdom Holdings Announces MYR2.1 Million Machinery Disposal to Connected Party

KFM Kingdom Holdings Ltd. announced that its wholly-owned subsidiary, Kingdom Precision Metal (Malaysia) Sdn. Bhd., has agreed to sell certain machineries to Kingdom BSL Technology Sdn. Bhd. for MYR2,108,108 (approximately HK$3,900,000). The purchaser, KBT, is ultimately owned by Mr. Sun Kwok Wah Peter, the company's chairman and a controlling shareholder. The transaction is classified as a connected transaction under Hong Kong's Listing Rules but is only subject to reporting and announcement requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. KFM Kingdom Holdings Ltd. published the original content used to generate this news brief on September 29, 2025, and is solely responsible for the information contained therein.

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