Link: https://links.sgx.com/1.0.0/corporate-announcements/VAV2E6QJ0SISURHN/a9fdb46e4446959e00d68355d16c579c023222cd148c15b31d4c500d49341151

Summary:

• Kingsmen’s indirect wholly-owned subsidiary, K-Fix Production Sdn Bhd, has increased its issued and paid-up share capital by MYR 3,500,000—from MYR 3,500,000 to MYR 7,000,000.

• The additional capital was fully subscribed and injected by Kingsmen Projects Pte Ltd, the direct wholly-owned parent of K-Fix Production.

• Purpose of the injection is to provide additional working capital for K-Fix Production’s ongoing business operations. K-Fix’s primary activities are manufacturing, wholesaling, and trading of interior and exhibition furniture, fixtures, and displays.

• The capital injection was funded from internal resources and is not expected to have any material impact on the Group’s EPS or NTA per share for the financial year ending 31 December 2025.

• None of the directors or controlling shareholders, except through standard holdings, have any interest in this transaction.