ShareholdingJun 29, 2026, 12:12 PM
KEEMO Fashion Group: ATXG Becomes Controlling Shareholder
AI Summary
KEEMO Fashion Group Ltd. (KMFG) reported a net loss of $67,368 for the eight-month transition period ended March 31, 2026, with no revenue generated from its apparel or newly acquired digital publishing segments. The company faces substantial doubt about its ability to continue as a going concern. During the period, Addentax Group Corp. (ATXG) became the controlling shareholder, acquiring 62% of voting rights for approximately $5.5 million. KMFG also completed the acquisition of GW Reader Holding, expanding into digital publishing and e-reading.
Key Highlights
- Addentax Group Corp. (ATXG) acquired 62% voting rights, becoming the controlling shareholder on March 30, 2026.
- ATXG purchased 34,200,000 shares from Guang Wen for approximately $5.5 million.
- Company completed the acquisition of GW Reader Holding on September 2, 2025, expanding into digital publishing.
- Reported a net loss of $67,368 for the eight-month transition period ended March 31, 2026.
- Generated no revenue from either apparel or digital publishing segments during the transition period.
- Company has substantial doubt about its ability to continue as a going concern.
- Changed fiscal year end from July 31 to March 31, effective March 30, 2026.
- A 10-for-1 forward stock split was effective August 8, 2024.
Price Impact