Welcome to our dedicated page for Ming Shing Group Holdings news (Ticker: MSW), a resource for investors and traders seeking the latest updates and insights on Ming Shing Group Holdings stock.
Ming Shing Group Holdings Limited (NASDAQ: MSW) is a Hong Kong-based company mainly engaged in wet trades works, such as plastering, tile laying, brick laying, floor screeding and marble works, through its indirectly wholly-owned operating subsidiaries. As a foreign private issuer in the Industrials sector, the company regularly releases updates that are relevant to investors, construction industry participants and market observers.
The news flow around Ming Shing covers several recurring themes. One key area is corporate governance and board composition, including announcements of director appointments, resignations and changes in roles on the audit, compensation and nominating and corporate governance committees. These updates provide insight into how the company structures its oversight and the experience profiles represented on its board.
Another important category of news involves capital markets and financing events, such as the closing of its initial public offering on The Nasdaq Capital Market, the exercise of the underwriter’s over-allotment option, and related information about the use of proceeds. These items help readers understand how Ming Shing accesses capital to support its wet trades works operations and related initiatives.
Ming Shing’s disclosures also include business development and investment activities, particularly its decisions to use idle funds to purchase Bitcoins through its subsidiary Lead Benefit (HK) Limited and its entry into a Bitcoin purchase agreement involving convertible promissory notes and warrants. These announcements explain the company’s rationale for Bitcoin investments and how such assets may be used to support its wet trades works business if needed.
In addition, the company issues financial reporting updates, including unaudited financial results for specified periods, where it comments on revenue trends, gross profit, net income and the factors affecting its performance as a wet trades works subcontractor in Hong Kong. Readers can use this news page to follow these periodic financial updates alongside governance and transaction-related announcements.
By reviewing the news feed for MSW, users can track how Ming Shing’s wet trades works business, governance structure, capital markets activities and Bitcoin-related investments evolve over time, based solely on the company’s own press releases and related public communications.
Ming Shing Group Holdings (NASDAQ: MSW) announced board changes on December 3, 2025. The company accepted the resignation of independent director Wai Chun Chik, who resigned for personal reasons and not due to any disagreement with the company. Following the resignation, Qiuxian Qiao was appointed chairman of the audit committee. The board also appointed Tianhang Zhao, age 36, as a director; the release says Ms. Zhao has over 8 years of experience in business management and will support the company’s business development and corporate governance.
Ming Shing Group Holdings (NASDAQ: MSW) announced a board change on November 6, 2025. Independent director Yu Yuan resigned for personal reasons and the company said the resignation was not due to any disagreement with the company. Ming Shing appointed Wan-Jung Sun, age 39, to the board as a director. Ms. Sun has over 10 years of experience in business administration, which the company said will support future business development and strengthen corporate governance and oversight of management. CEO Wenjin Li thanked Mr. Yuan for his service and welcomed Ms. Sun.
Ming Shing Group Holdings Limited (NASDAQ: MSW), a Hong Kong-based wet trades works service provider, has announced significant changes to its Board of Directors. The company has expanded its board from five to seven members, appointing Han Yan and Qiuxian Qiao as new directors. Additionally, Han Yan, 29, with 9 years of business administration experience, will serve as the company's Chief Operating Officer. Qiuxian Qiao, 42, brings over 15 years of experience in auditing, finance, risk management, and business management.
CEO Wenjin Li highlighted that Yan's expertise in Web3 applications and business administration, combined with Qiao's financial and risk management background, will strengthen the company's business development and corporate governance.
Ming Shing Group Holdings (NASDAQ: MSW), a Hong Kong-based wet trades works service provider, has announced a significant Bitcoin purchase agreement for 4,250 Bitcoins at US$482,961,500 (approximately US$113,638 per Bitcoin). The transaction involves complex financial instruments including:
The deal structure includes (1) convertible promissory notes totaling US$482,961,500 with 3% annual interest and 120-month maturity, convertible at US$1.20 per share, and (2) warrants to purchase 402,467,916 Ordinary Shares at US$1.25 per share, exercisable for 12 years. Through an Assignment Agreement, 50% of the consideration will be assigned to Rich Plenty Investment Limited. The transaction is expected to close by December 31, 2025.
Ming Shing Group Holdings (Nasdaq: MSW), a provider of wet trades works services in Hong Kong, has released its unaudited financial results for H1 2024. The company reported a 31.8% revenue increase to US$17.4 million, up from US$13.2 million in H1 2023, primarily due to an increase in awarded projects.
The company's gross profit grew by 23.7% to US$2.4 million, though gross profit margin decreased by 0.9% to 13.8% due to increased subcontracting costs and project delays. Net income slightly decreased by 2.7% to US$984,549, mainly affected by increased bank and borrowing interest costs.
The company recently achieved a significant milestone with its Nasdaq Capital Market listing on November 22, 2024, trading under the ticker MSW. Management expressed confidence in their position to capture growth in Hong Kong's wet trades works market.
Ming Shing Group Holdings (NASDAQ: MSW), a Hong Kong-based wet trades works service provider, has announced that its wholly-owned subsidiary Lead Benefit (HK) purchased 333 Bitcoins at an average price of US$81,555 per Bitcoin on February 28, 2025.
The total investment amounts to approximately US$27 million, using idle funds for short-term investment to capture potential Bitcoin appreciation. The company emphasizes that the Bitcoin market's high liquidity allows for easy disposal if funds are needed for their core wet trade works business.
Lead Benefit (HK) was incorporated on December 23, 2024, through Lead Benefit International , a BVI business company established on December 9, 2024, with Ming Shing as the sole shareholder.
Ming Shing Group Holdings (NASDAQ: MSW), a Hong Kong-based wet trades works service provider, announced that its wholly-owned subsidiary, Lead Benefit (HK) , has purchased 500 Bitcoins at an average price of US$94,375 per Bitcoin on January 9, 2025. The total investment amounts to approximately US$47 million.
Lead Benefit, incorporated on December 23, 2024, is owned by Lead Benefit International , a BVI business company incorporated on December 9, 2024, with Ming Shing as its sole shareholder. The company plans to use idle funds for Bitcoin investment as a short-term strategy to capture potential appreciation and increase assets. Ming Shing emphasizes that the Bitcoin market's high liquidity allows for easy disposal if funds are needed for its core wet trade works business.
Ming Shing Group Holdings (NASDAQ: MSW), a Hong Kong-based wet trades works service provider, has announced an expansion of its Board of Directors from four to five members with the appointment of Wenjin Li as the fifth director. Li, 45, brings over 20 years of experience in business administration and sales and marketing to the company. CEO Chi Ming Lam expressed confidence that Li's business administration expertise will contribute to the company's future growth and development.
Ming Shing Group Holdings (NASDAQ: MSW), a Hong Kong-based wet trades works service provider, has announced the closing of its underwriter's over-allotment option in connection with its IPO. The company sold an additional 225,000 ordinary shares at $5.50 per share, bringing the total gross proceeds to $9,487,500, including the previously announced IPO proceeds of $8,250,000.
Alexander Capital acted as the managing underwriter, while Alexander and Revere Securities served as joint book-runners for the offering. The IPO registration statement on Form F-1 was declared effective by the SEC on November 21, 2024.
Ming Shing Group Holdings (NASDAQ: MSW) has successfully closed its Initial Public Offering of 1,500,000 ordinary shares at $5.50 per share, raising gross proceeds of approximately $8,250,000. The company began trading on the Nasdaq Capital Market on November 22, 2024. The underwriters have a 45-day option to purchase up to 225,000 additional shares. The net proceeds will be used for workforce expansion, bank borrowings repayment, equipment acquisition, ERP system procurement, and working capital. Alexander Capital served as managing underwriter, while Alexander and Revere Securities acted as joint book-runners for the offering.
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