FIC Kitchen Technology Sdn. Bhd. announced that it has issued 600,000 new ordinary shares at a price of MYR 1 per share for gross proceeds of MYR 600,000 to returning investor, MSM International Limited (Catalist:5QR) on March 29, 2021. Post the closing, the investor will continue to maintain its 100% stake in the company. The total issued and paid-up share capital of the company increased from MYR 100,000 to MYR 700,000 comprising of 700,000 ordinary shares.