Business Context and Reporting Period
Kandal M Venture Limited filed this Form 6-K for September 2026 to report results of its Extraordinary General Meeting of Shareholders, held on September 22, 2026. The company is a Cayman Islands company with its principal executive office in Cambodia.
Key Financial and Shareholder Metrics
This filing reports no revenue, profit, cash flow, margin, debt, liquidity, or other operating or financial results.
- 68,279,730 votes were present in person or by proxy, approximately 90.68% of votes exercisable as of the August 27, 2026 record date.
- The share consolidation resolution received 67,997,978 votes for (99.59%), 274,430 against (0.40%), and 7,322 abstentions (0.01%).
Material Change Approved
Shareholders approved a 40-for-1 consolidation of issued and unissued Class A and Class B ordinary shares. Each 40 shares of US$0.00001 par value will become one share of US$0.0004 par value. The authorized share capital remains US$50,000, while authorized shares will decrease from 5 billion to 125 million: 124,375,000 Class A and 625,000 Class B shares.
Implementation, Outlook and Other Considerations
- The board will determine the effective date, which must be no later than October 13, 2026.
- Fractional consolidated shares will not be issued. To the extent permitted, the company is authorized to round fractions up so each affected shareholder receives one consolidated share in lieu of a fraction.
- Directors are authorized to take actions needed to implement the consolidation, including handling share certificates; the company’s registered office provider is instructed to make the required Cayman Islands filings.
- The filing provides no financial guidance or operating outlook. It does not describe other contingencies or unusual financial items.
Investor Facts to Verify
- Confirm the board-designated effective date and completion of the Cayman Islands filings.
- Verify how the consolidation and fractional-share rounding will affect individual holdings and any trading arrangements.
- Check subsequent company disclosures for updated share counts and any related corporate actions.