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.)
- $15.0M
- Price
- $4.30
- % Change (Daily % change from the live per-ticker quote feed.)
- -14.17%
- Volume
- 109.1K
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 outstanding3.5M
Computed float557.1K
Float / shares15.9%
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
standardbearishoffering
Masonglory Limited Announces US$1.0 Million Private Placement to Fund Continued Acquisition of Equity Interests in Beta Beteiligungs und Besitz GmbH
Masonglory priced a US$1.0 million private placement of 667,000 Class A shares at $1.50 to fund continued acquisition of equity in Austria's Beta Beteiligungs und Besitz GmbH.
Each investor also receives free Series A and Series B warrants covering another 333,500 shares at $1.30 and $1.10 exercise prices, both exercisable immediately for two years.
The target acquisition lacks a definitive agreement — terms beyond the previously agreed 20% stake remain under negotiation.
Red flags
- half the offering size again issued as free warrants exercisable at $1.30 and $1.10 — well below the $1.50 purchase price
- acquisition use-of-proceeds lacks a definitive agreement; consideration and stake size still under negotiation
- micro-cap Hong Kong subcontractor pivoting into European construction-materials trading via private placements