Ming Shing Group Holdings Limited
- 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.)
- $16.2M
- Price
- $1.25
- % Change (Daily % change from the live per-ticker quote feed.)
- +2.36%
- Volume
- 17.6K
Quote data as of 6:09 AM ET
About
Ming Shing Group Holdings Limited, an entity established in 2022, operates via its various subsidiaries to deliver specialized wet trade construction services. Based in San Po Kong, Hong Kong, the company's offerings within the region include crucial building finishes such as plastering, tile installation, bricklaying, floor screeding, and detailed marble work. Its clientele spans both governmental and private sector projects.
Quick stats
Shares outstanding13.0M
Computed float4.6M
Float sourceUnknown
Cash runway (months)Unknown
Dilution risk—
Has warrants—
Has convertibles—
Active shelf (Shelf registration (e.g. Form S-3) currently in effect — the company is pre-cleared to issue and sell new shares quickly. A standing dilution risk.)—
Active ATM (At-the-market offering — a program to sell newly issued shares directly into the open market at prevailing prices, diluting existing holders over time.)—
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.)0001956166
Websitehttps://ms100.com.hk
AI Summary
AI-generated1mo agomajorbullishm and aMing Shing Group Holdings Limited Announces Closing of the Acquisition of PMA Nano Carbon Tech Limited and Issuance of Unsecured Convertible Promissory Notes
Ming Shing Group Holdings (MSW) has officially closed its acquisition of PMA Nano Carbon Tech Limited for $110 million.
The transaction was settled entirely through the issuance of unsecured convertible promissory notes to the sellers, rather than cash or common stock.
This deal marks a strategic diversification for the Hong Kong-based wet trades contractor into the carbon technology sector.
Red flags
- Acquisition paid for with convertible notes, creating potential future equity dilution
- Significant strategic pivot from construction/wet trades to carbon tech