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Masonglory holder proposes $3.26M share sale

The notice states that the shares were acquired more than one year before its date and satisfy Rule 144(d)'s holding-period requirement.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Masonglory Ltd (MSGY) is the issuer named in a Rule 144 notice in which Fung & Tun Limited proposes to sell 630,000 Class A ordinary shares, with an aggregate market value of $3,257,100.00. I Win Securities Limited is listed as broker, and October 18, 2026 is the approximate sale date. Tse Shing Fung, a Director, signed on behalf of Fung & Tun Limited.

Shares proposed for sale 630,000 Class A ordinary shares For Fung & Tun Limited's account
Aggregate market value $3,257,100.00 For the shares proposed for sale
Approximate sale date October 18, 2026 Date listed in the notice
Shares in private allotment 11,499,998 shares Allotted by Masonglory on June 14, 2024
Shares acquired from then controlling shareholders 2 shares Acquired on March 25, 2024; aggregate cash consideration was US$0.0002
Rule 144(d) regulatory
"holding period requirement of Rule 144(d) has been satisfied"
private allotment of ordinary shares financial
"Private allotment of ordinary shares by the Issuer"
aggregate consideration financial
"Cash (aggregate consideration of US$0.0002)"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MSGY shares does Fung & Tun Limited propose to sell?

The notice states that Fung & Tun Limited proposes to sell 630,000 Class A ordinary shares, with an aggregate market value of $3,257,100.00.

When is the MSGY sale expected, and which broker is listed?

The approximate sale date is October 18, 2026, and I Win Securities Limited is listed as broker.

How did Fung & Tun Limited acquire the MSGY shares in the notice?

The securities history lists 11,499,998 shares allotted by Masonglory in a private allotment on June 14, 2024, and two shares acquired on March 25, 2024 from the issuer's then controlling shareholders, Tse Shing Fung and Tse Tsz Tun, for cash aggregate consideration of US$0.0002.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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