SEC Comment Letter 0000000000-24-009466 to Kandal M Venture Ltd (FMFC)
Kandal M Venture Ltd
Date: Aug. 19, 2024 · CIK: 0002024656 · Accession: 0000000000-24-009466
AI Filing Summary & Sentiment
Show Raw Text
August 19, 2024
Ngee Woon Lim
Chief Executive Officer
Kandal M Venture Ltd
Padachi Village, Prek Ho Commune,
Takhmao Town, Kandal Province,
Kingdom of Cambodia
Re:Kandal M Venture Ltd
Amendment No. 1 to Draft Registration Statement on Form F-1
Submitted August 5, 2024
CIK No. 0002024656
Dear Ngee Woon Lim:
We have reviewed your amended draft registration statement and have the following
comment(s).
Please respond to this letter by providing the requested information and either submitting
an amended draft registration statement or publicly filing your registration statement on EDGAR.
If you do not believe a comment applies to your facts and circumstances or do not believe an
amendment is appropriate, please tell us why in your response.
After reviewing the information you provide in response to this letter and your amended
draft registration statement or filed registration statement, we may have additional
comments. Unless we note otherwise, any references to prior comments are to comments in our
July 25, 2024 letter.
Amendment No. 1 to Draft Registration Statement on Form F-1 submitted August 5, 2024
General
1.We note that you have experienced supply chain disruptions due to congestion and delays
across global shipping networks. Revise to discuss known trends or uncertainties resulting
from mitigation efforts undertaken, if any. Explain whether any mitigation efforts
introduce new material risks, including those related to product quality, reliability, or
regulatory approval of products.
August 19, 2024
Page 2
Compensation of Directors and Executive Officers, page 109
2.We note your response to comment 10. Please provide the disclosure required by Item
4(a) of Form F-1 and Item 6.B.1 of Form 20-F with respect to your executive officers.
Please contact Dale Welcome at 202-551-3865 or Claire Erlanger at 202-551-3301 if you
have questions regarding comments on the financial statements and related matters. Please
contact Patrick Fullem at 202-551-8337 or Erin Purnell at 202-551-3454 with any other
questions.
Sincerely,
Division of Corporation Finance
Office of Manufacturing
cc:Lawrence S. Venick, Esq.