Masonglory Ltd
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $32.6M
- Price
- $2.29
- % Change (Daily % change from the live per-ticker quote feed.)
- -8.40%
- Volume
- 59.2K
About
Masonglory Limited, through its subsidiaries, provides wet trades and other ancillary services in Hong Kong. The company offers plastering on floors, ceilings, and walls; tile laying on internal and external walls and floors; brick laying; floor screeding; and marble works. Its project portfolio includes private sector projects, such as private residential and commercial development; and public sector projects, including infrastructure and public facilities developments. The company was founded in 2018 and is based in Kowloon, Hong Kong. Masonglory Limited is a subsidiary of Fung & Tun Limited.
Quick stats
Shares outstanding14.2M
Computed float807.2K
Float / shares5.7%
Key info
SectorIndustrials
IndustryEngineering & Construction
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002020228
Websitehttps://www.masontech.com.hk
AI Summary
AI-generated1/6
standardbullishm and a
Masonglory Limited Announces Entry into Share Swap Agreement to Acquire a 20% Equity Interest in Beta Beteiligungs und Besitz GmbH
Masonglory Limited entered into a share swap agreement to acquire a 20% equity interest in Beta Beteiligungs und Besitz GmbH, an Austrian distributor of bathtubs and construction materials.
The company will issue 1,377,000 restricted Class A ordinary shares as consideration, priced at US$3.40 per share, based on an independent valuation of the target at US$23.4 million.
This transaction represents a horizontal expansion of the company's geographic footprint into Continental Europe, complementing its existing wet trades services in Hong Kong.
Red flags
- consideration shares issued as unregistered restricted securities
- target valuation derived from independent third-party valuation rather than market trading