STOCK TITAN

Masonglory Limited (Nasdaq: MSGY) swaps shares for 20% stake in Austrian materials firm

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Masonglory Limited entered into a share swap agreement to acquire a 20% equity interest in Beta Beteiligungs und Besitz GmbH, an Austrian company trading and distributing construction materials such as bathtubs, hot tubs and swim spas in Continental Europe. As consideration, Masonglory will allot and issue 1,377,000 Class A ordinary shares, based on a US$23,400,000 valuation for 100% of the Target’s equity and a reference share price of US$3.40. The Target’s activities are described as complementary to Masonglory’s existing wet trades and construction materials services business, and the deal is framed as a horizontal, synergistic expansion of Masonglory’s geographic footprint and product portfolio into Continental Europe. The Consideration Shares will be issued in an offshore transaction relying on exemptions from registration under the Securities Act and will be restricted securities. After closing, the selling beneficial owner will hold less than 5% of Masonglory’s aggregate voting power.

Positive

  • The transaction gives Masonglory a 20% equity stake in a Continental European construction materials distributor, expanding its geographic footprint and product portfolio.
  • Consideration is paid entirely in equity via 1,377,000 Class A shares, preserving Masonglory’s cash while accessing a business valued at US$23,400,000.

Negative

  • Masonglory will issue 1,377,000 new Class A shares as consideration, creating share dilution for existing shareholders.

Filing Explained

The August 13 filing reports that Masonglory signed the share swap agreement on August 12, but does not report closing; the 1,377,000-share issuance that would dilute existing holders therefore remains a post-closing obligation rather than a completed issuance.

Equity interest acquired 20% Stake in Beta Beteiligungs und Besitz GmbH acquired via share swap
Consideration Shares 1,377,000 Class A ordinary shares Shares issued as consideration for 20% equity interest in the Target
Target equity valuation US$23,400,000 Valuation of 100% of the equity interests in Beta by independent firm
Reference share price US$3.40 per Class A ordinary share Price used to determine number of Consideration Shares
Closing bid price reference date US$3.43 on August 11, 2026 Closing bid price used as reference for the US$3.40 share valuation
Post-deal voting power Less than 5% Aggregate voting power held by the beneficial owner after closing
Existing holder’s stake 49% equity interest Equity interest in the Target held by the transferor before the 20% transfer
share swap agreement financial
"Masonglory Limited entered into a share swap agreement with the holder"
A share swap agreement is a contract where one group of shareholders exchanges their shares in a company for shares in another company or in a combined entity, often used during mergers, acquisitions, or restructurings. It matters to investors because it changes who owns and controls companies and can affect the value, voting power, and future profits for shareholders — like trading collectible cards that change which team you belong to and what those cards are worth.
restricted securities regulatory
"will constitute “restricted securities” that may not be offered, sold, pledged"
Restricted securities are shares or other investment instruments that come with legal or contractual limits on when and how they can be sold, like stock given to founders or bought in a private offering. Think of them as assets in a locked box that can’t be freely traded until certain conditions — such as a waiting period, company registration, or specific approvals — are met. For investors this matters because restricted securities are less liquid and can affect timing, price, and perceived value when they eventually enter the market.
offshore transaction regulatory
"The Consideration Shares will be issued in an offshore transaction without"
horizontal, synergistic expansion financial
"the transaction represents a horizontal, synergistic expansion of the Company’s"
wet trades services technical
"a subcontractor providing wet trades services and other ancillary services"

FAQ

What transaction did Masonglory Limited (MSGY) announce on August 13, 2026?

Masonglory announced a share swap agreement to acquire a 20% equity interest in Beta Beteiligungs und Besitz GmbH, an Austrian construction materials distributor, in exchange for newly issued 1,377,000 Class A ordinary shares of Masonglory.

How many Masonglory (MSGY) shares are being issued for the Beta GmbH stake?

Masonglory will issue 1,377,000 Class A ordinary shares as consideration for the 20% equity interest in Beta. The share amount was based on a US$3.40 reference price per share and a US$23,400,000 valuation for 100% of the Target’s equity.

How was the Beta Beteiligungs und Besitz GmbH stake valued in the Masonglory (MSGY) deal?

An independent valuation firm valued 100% of Beta’s equity at US$23,400,000. Masonglory’s 20% stake is being acquired via share swap using a US$3.40 reference price per Class A ordinary share, tied to the US$3.43 closing bid on August 11, 2026.

Will the new Masonglory (MSGY) shares issued in the share swap be freely tradable?

No. The 1,377,000 Consideration Shares will be issued in an offshore transaction relying on Securities Act exemptions and will be restricted securities, subject to transfer limitations under applicable securities laws and the stated transfer restrictions.

How much ownership in Masonglory (MSGY) will the Beta seller hold after closing?

Immediately after closing, the beneficial owner receiving the 1,377,000 shares is expected to hold less than 5% of Masonglory’s aggregate voting power, indicating the transaction does not create a new controlling or near-controlling shareholder.

How does the Beta GmbH acquisition fit Masonglory’s (MSGY) existing business?

Beta trades and distributes bathtubs, hot tubs and swim spas in Continental Europe, which the company describes as complementary to Masonglory’s wet trades and construction materials services, supporting a horizontal, synergistic expansion of its geographic reach and product portfolio.

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

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Learn about SEC filing dates

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August, 2026

 

Commission File Number: 001-42728

 

Masonglory Limited

(Registrant’s Name)

 

Room 8, 25/F, CRE Centre

889 Cheung Sha Wan

Kowloon, Hong Kong

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒        Form 40-F ☐

 

 

 

 

Entry into a Material Definitive Agreement.

 

On August 12, 2026, Masonglory Limited (the “Company”) entered into a share swap agreement (the “Share Swap Agreement”) with the holder of a 49% equity interest in Beta Beteiligungs und Besitz GmbH, a private limited liability company organized under the laws of the Republic of Austria (the “Target”), and the beneficial owner of such holder, pursuant to which such holder agreed to transfer 20% of the equity interests in the Target to a wholly-owned subsidiary of the Company, and, as consideration therefor, the Company agreed to allot and issue to such beneficial owner an aggregate of 1,377,000 Class A ordinary shares of the Company, par value US$0.0008 each (the “Consideration Shares”). The number of Consideration Shares was determined by reference to a valuation of 100% of the equity interests in the Target of US$23,400,000 performed by an independent third-party valuation firm, and a price per Class A ordinary share of US$3.40, which was determined by reference to the closing bid price of the Class A ordinary shares of the Company of US$3.43 on August 11, 2026. The Target is engaged in the trading and distribution of construction materials, principally bathtubs, hot tubs and swim spas, in Continental Europe, which is complementary to the Company’s existing wet trades and construction materials services business, and the transaction represents a horizontal, synergistic expansion of the Company’s geographic footprint and construction materials product portfolio into Continental Europe.

 

The Consideration Shares will be issued in an offshore transaction without registration under the Securities Act of 1933, as amended (the “Securities Act”), in reliance on the exemptions from the registration requirements of the Securities Act, and will constitute “restricted securities” that may not be offered, sold, pledged or otherwise transferred except in accordance with applicable transfer restrictions.

 

Such beneficial owner is not affiliated with the Company or any of its directors or officers. Immediately following the closing of the transactions contemplated by the Share Swap Agreement, such beneficial owner will hold less than five percent (5%) of the aggregate voting power of the Company.

 

The foregoing description of the Share Swap Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Share Swap Agreement.

 

On August 13, 2026, the Company issued a press release announcing the transactions contemplated by the Share Swap Agreement. The full text of the press release is attached as Exhibit 99.1 to this Current Report on Form 6-K.

 

Financial Statements and Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.   Description
99.1   Press Release, dated August 13, 2026

 

1

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Masonglory Limited
     
Date: August 13, 2026 By: /s/ Tse Shing Fung
Name:  Tse Shing Fung
Title: Chairman of the Board and Director

 

2

 

Exhibit 99.1

 

Masonglory Limited Announces Entry into Share Swap Agreement to Acquire a 20% Equity Interest in Beta Beteiligungs und Besitz GmbH

 

HONG KONG, Aug. 13, 2026 (GLOBE NEWSWIRE) -- Masonglory Limited (the “Company”) (Nasdaq: MSGY), a subcontractor providing wet trades services and other ancillary services in Hong Kong, today announced that on August 12, 2026, the Company entered into a share swap agreement (the “Share Swap Agreement”) with the holder of a 49% equity interest in Beta Beteiligungs und Besitz GmbH, a private limited liability company organized under the laws of the Republic of Austria (the “Target”), and the beneficial owner of such holder, pursuant to which such holder agreed to transfer 20% of the equity interests in the Target to a wholly-owned subsidiary of the Company, and, as consideration therefor, the Company agreed to allot and issue to such beneficial owner an aggregate of 1,377,000 Class A ordinary shares of the Company, par value US$0.0008 each (the “Consideration Shares”). The number of Consideration Shares was determined by reference to a valuation of 100% of the equity interests in the Target of US$23,400,000 performed by an independent third-party valuation firm, and a price per Class A ordinary share of US$3.40, which was determined by reference to the closing bid price of the Class A ordinary shares of the Company of US$3.43 on August 11, 2026. The Target is engaged in the trading and distribution of construction materials, principally bathtubs, hot tubs and swim spas, in Continental Europe, which is complementary to the Company’s existing wet trades and construction materials services business, and the transaction represents a horizontal, synergistic expansion of the Company’s geographic footprint and construction materials product portfolio into Continental Europe.

 

The Consideration Shares will be issued in an offshore transaction without registration under the Securities Act of 1933, as amended, in reliance on applicable exemptions from registration, and will constitute “restricted securities”.

 

Such beneficial owner is not affiliated with the Company or any of its directors or officers. Immediately following the closing of the transactions contemplated by the Share Swap Agreement, such beneficial owner will hold less than five percent (5%) of the aggregate voting power of the Company.

 

About Masonglory Limited

 

Founded in 2018 in Hong Kong, Masonglory Limited is a subcontractor providing wet trades services and other ancillary services to property developers and Hong Kong government. As a registered specialist trade contractor (plastering-group 2) since 2020, the Company provides customers with comprehensive wet trades works solutions, which principally include: (i) plastering on floors, ceilings, and walls; (ii) tile laying on internal and external walls and floors; (iii) brick laying; (iv) floor screeding; and (v) marble works. For more information, please visit: https://www.masontech.com.hk/; https://ir.masontech.com.hk/

 

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “aim”, “anticipate”, “believe”, “estimate”, “expect”, “going forward”, “intend”, “may”, “plan”, “potential”, “predict”, “propose”, “seek”, “should”, “will”, “would” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

 

For more information, please contact:

 

Masonglory Limited

 

Investor Relations Department

 

Email: services@wealthfsllc.com

 

 

Filing Exhibits & Attachments

1 document