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

Reuters

Sep 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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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