Kingsmen Creatives increases investment in K-Fix Production

This move is to boost the company’s working capital.

Kingsmen Creatives Ltd., through its direct and wholly owned subsidiary, Kingsmen Projects, has increased its investment in K-Fix Production by $1.068m (RM3.5m).

Kingsmen Projects is the sole shareholder of K-Fix Production, a company engaged in the manufacture, wholesale and trade of interior and exhibition furniture, fixtures and displays.

The capital injection was to increase the general working capital of K-Fix Production for its business operation, Kingsmen said in its bourse filing.

It was also disclosed that the capital injection was funded through internal resources and is not expected to have any material impact on the earnings and net tangible assets of Kingsmen Creative for the current financial year ending 31 December 2025.