johnle66
Oct 15, 12:42 PM
$KMRK K-Tech Solutions Company Limited (KMRK) agreed to acquire a 100% equity interest in Flourish Ventures Trading Pte Ltd for consideration to be settled by issuing 43,800,000 Class A ordinary shares. The parties entered into the Sale and Purchase Agreement on October 14, 2026; completion is subject to customary closing conditions and is expected on or before October 31, 2026.
Flourish Ventures and its Singapore-based subsidiary wholesale trade consumer and industrial products across global markets, including outdoor-activity hardware exported to the United States. Flourish Ventures is owned 33.34% by K-Tech controlling shareholder Kwok Yiu Keung, 33.33% by controlling shareholder Kwok Yiu Wah, and 33.33% by controlling shareholder Kwok Yiu Fai. K-Tech’s Audit Committee reviewed and approved the transaction.
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