KUALA LUMPUR: Harvest Miracle Capital Bhd
plans to invest RM4.4mil to acquire a 40% stake in Kaw Kaw Malaya Sdn Bhd (KKM), marking its entry into the food and beverage segment.
In a filing with Bursa Malaysia, the IT and ICT-related product trader said it had entered into a share subscription agreement and shareholders’ agreement with G&T Brand Sdn Bhd (GTB) to subscribe for 40,000 new shares in KKM for RM40,000 in cash, along with a shareholder’s advance of RM4.36mil.
KKM, incorporated in November 2025, is principally engaged in the operation of restaurants and related activities. It plans to operate two outlets, one at Bangunan Sultan Abdul Samad and another at Jalan Kemuning, off Jalan Imbi. The company has yet to commence operations.
Under the terms of the agreement, 70% of quarterly profit after tax plus depreciation and amortisation will be distributed to Harvest Miracle until the full RM4.4mil investment is recovered. The payout will increase to 90% if recovery exceeds 24 months.
Harvest Miracle said the investment will be funded through internally generated funds and is not expected to have a material impact on its earnings or net assets for the financial year ending March 31, 2026.
“The investment provides Harvest Miracle with exposure to a scalable food and beverage (F&B) concept managed by GTB, the same experienced management team behind the successful Bungkus Kaw Kaw and Ah Cheng Laksa group of brands, both of
which have established strong market presence and operational track records nationwide.
“Leveraging this proven experience, KKM is supported by strong brand recognition, efficient operating systems and an integrated menu strategy,” it said.
The group added that the proposed subscription aligns with its strategy to expand its consumer-facing portfolio through structured investments with capital protection and exit mechanisms.
