Kandal M Venture Limited (FMFC)

Kandal M Venture Limited is a holding company whose operating business is based in Cambodia and is understood to be focused on manufacturing, principally the production of handbags, bags and related leather and textile goods on an original equipment manufacturer basis for brand owners and trading companies.

The company completed a small initial public offering on the Nasdaq, where its Class A ordinary shares trade. Like many recently listed small-cap issuers, it operates through subsidiaries, and details of its product mix and customer base are described in its regulatory filings.