
TAKHMAO, Cambodia, June 16, 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 it has closed a structured growth capital facility of up to US$ 25 million in senior unsecured convertible promissory notes. The Company successfully executed its initial closing, securing US$1 million in immediate growth funding to support its international infrastructure expansion.



