Komarkcorp seeks shareholder approval for RM 40 million factory property sale to QM Print

PUBT · 1d ago
Komarkcorp seeks shareholder approval for RM 40 million factory property sale to QM Print
  • Komarkcorp shareholders will vote on a proposed RM 40 million property disposal at an extraordinary general meeting on December 3, 2026.
  • Wholly owned subsidiary Komark International would sell its Cheras factory and office property to QM Print.
  • Proceeds would fund RM 31.6 million in working capital and RM 3.2 million in bank debt repayments.
  • The disposal is expected to generate a net pro forma loss of RM 3.82 million, with completion targeted for first-quarter 2027.
  • The board recommends shareholders vote in favor of the disposal.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Komarkcorp Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3724112) on November 13, 2026, and is solely responsible for the information contained therein.