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Masonglory holder wields 94% of voting power

Masonglory Ltd (MSGY) received an amended Schedule 13D from Fung & Tun Limited, updating its ownership following a share consolidation and dual-class reclassification.

(Moderate)
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Masonglory Ltd (MSGY) received an amended Schedule 13D from Fung & Tun Limited, updating its ownership following a share consolidation and dual-class reclassification. Fung & Tun Limited now holds 682,500 Class B Shares and 630,000 Class A Shares, an aggregate of 1,312,500 shares.

These holdings represent 37.5% of Masonglory’s 3,496,625 issued and outstanding shares but approximately 94.1% of aggregate voting power, because each Class B Share carries 50 votes and each Class A Share carries one vote. Effective August 11, 2026, Masonglory consolidated every eight ordinary shares into one and reclassified them into Class A and Class B Shares, with the Class A Shares continuing to trade under the symbol MSGY.

The filing notes that on August 12, 2026, Masonglory issued 1,377,000 Class A Shares in a share swap to acquire a 20% equity interest in Beta Beteiligungs und Besitz GmbH, which diluted Fung & Tun Limited’s ownership percentage but not its absolute share count. Fung & Tun Limited states its investment is for investment purposes and may change over time.

Positive

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Filing Explained

The conversion preserved Fung & Tun’s economic stake; the later share-swap issuance caused the reported dilution.

The amendment confirms that the completed August 11, 2026 share consolidation and reclassification did not change Fung & Tun Limited’s pecuniary interest; its shares were converted in the same manner as other holders.

It distinguishes that event from the completed August 12, 2026 issuance of 1,377,000 Class A Shares for a 20% interest in Beta Beteiligungs und Besitz GmbH, which reduced Fung & Tun’s ownership percentage.

Mr. Tse Shing Fung and Mr. Tse Tsz Tun retain full voting and investment control over Fung & Tun despite transferring approximately 29% of its economic equity to a third party that has no control rights over the issuer shares.

The filing reports no Class A or Class B transactions by Fung & Tun during the prior 60 days other than those disclosed.

Shares beneficially owned by Fung & Tun Limited 1,312,500 shares Aggregate of 682,500 Class B Shares and 630,000 Class A Shares held
Ownership percentage of issued and outstanding shares 37.5% Fung & Tun Limited’s stake in 3,496,625 total shares
Aggregate voting power held by Fung & Tun Limited 94.1% Based on 50 votes per Class B Share and 1 vote per Class A Share
Total issued and outstanding shares 3,496,625 shares Post-consolidation total including 1,377,000 new Class A Shares
Class A Shares issued in share swap 1,377,000 Class A Shares Consideration for 20% equity interest in Beta Beteiligungs und Besitz GmbH on August 12, 2026
Equity interest acquired in Beta Beteiligungs und Besitz GmbH 20% Acquired by Masonglory in exchange for 1,377,000 Class A Shares
Pre-consolidation ordinary shares outstanding 16,957,000 ordinary shares Outstanding as of July 30, 2026, before 8-for-1 consolidation
Share Consolidation ratio 8 ordinary shares into 1 ordinary share Every eight shares of par value US$0.0001 consolidated into one of par value US$0.0008
Share Consolidation financial
"Effective at the open of business on August 11, 2026, the Issuer consolidated every eight (8) ordinary shares"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
Reclassification financial
"and reclassified and re-designated its share capital into Class A Shares and Class B Shares (the "Reclassification")"
Reclassification is the formal change in how an asset, liability, security, transaction, or business activity is labeled on financial records or under rules. It matters to investors because the new label can alter reported profits, tax treatment, ownership rights or perceived risk—much like moving an item from 'personal' to 'business' use, it doesn't create value by itself but can change comparisons, taxes, and who controls outcomes.
Class B Shares financial
"Class B Shares, each carrying fifty (50) votes per share"
Class B shares are one type of a company’s stock that carries a specific set of rights — often different voting power or dividend rules compared with other classes. For investors, that affects influence over company decisions and potential income: owning Class B might mean fewer or more votes per share or different claim on profits, like having a different seat at a decision table or a different slice of the payout pie.
aggregate voting power financial
"representing approximately 37.5% of the Issuer's total issued and outstanding shares and approximately 94.1% of the Issuer's aggregate voting power"
share swap agreement financial
"the Issuer entered into a share swap agreement with an unaffiliated third party"
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.

FAQ

How much of Masonglory Ltd (MSGY) does Fung & Tun Limited currently own?

Fung & Tun Limited beneficially owns 1,312,500 shares of Masonglory Ltd, consisting of 682,500 Class B Shares and 630,000 Class A Shares. This represents 37.5% of the company’s 3,496,625 issued and outstanding shares as stated in the filing.

What voting control does Fung & Tun Limited have over MSGY?

Fung & Tun Limited’s holdings represent approximately 94.1% of Masonglory’s aggregate voting power. This is because each of its 682,500 Class B Shares carries 50 votes, while each of its 630,000 Class A Shares carries one vote.

What share consolidation and reclassification did Masonglory Ltd (MSGY) implement?

Effective at the open of business on August 11, 2026, Masonglory consolidated every eight ordinary shares of par value US$0.0001 into one ordinary share of par value US$0.0008 and reclassified its capital into Class A and Class B Shares.

How did Masonglory’s acquisition of Beta Beteiligungs und Besitz GmbH affect MSGY ownership?

On August 12, 2026, Masonglory issued 1,377,000 Class A Shares in a share swap to acquire a 20% equity interest in Beta Beteiligungs und Besitz GmbH. This issuance diluted Fung & Tun Limited’s ownership percentage but did not change its 1,312,500-share position.

What is the total number of Masonglory Ltd (MSGY) shares outstanding after these transactions?

Total issued and outstanding shares are reported as 3,496,625. This figure comprises 2,119,625 shares (the post-consolidation equivalent of 16,957,000 ordinary shares outstanding as of July 30, 2026) plus 1,377,000 Class A Shares issued on August 12, 2026.

Who controls Fung & Tun Limited, the major holder of MSGY?

Fung & Tun Limited is controlled by Mr. Tse Shing Fung and Mr. Tse Tsz Tun, who own 36% and 35% of its equity interests, respectively. A third-party transferee holds the remaining ~29% with only a pecuniary interest and no voting or control rights.

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

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G6007A118

(CUSIP Number)
Tsz Tun Tse
Fung & Tun Limited, Room 8, 25/F, CRE Centre, 889 Cheung Sha Wan Road
Cheung Sha Wan, Kowloon, K3, 999077
(852) 2114 3424

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
08/11/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
1. Fung & Tun Limited is controlled by Mr. Tse Shing Fung and Mr. Tse Tsz Tun, who own 36% and 35%, respectively, of the equity interests in Fung & Tun Limited. Pursuant to Section 13(d) of the Exchange Act and the rules promulgated thereunder, Mr. Tse Shing Fung and Mr. Tse Tsz Tun may be deemed to have voting and investment power with respect to the 1,312,500 shares of the Issuer held by Fung & Tun Limited, comprising 682,500 Class B Shares and 630,000 Class A Shares. The remaining approximately 29% equity interest in Fung & Tun Limited is held by a third-party transferee having only a pecuniary interest and no control rights, and Messrs. Tse Shing Fung and Tse Tsz Tun retain full voting and investment control over Fung & Tun Limited and the shares of the Issuer held by it. Each of the shareholders' meetings and the board of directors of Fung & Tun Limited remains under the control of Messrs. Tse Shing Fung and Tse Tsz Tun. 2. This percentage is calculated based upon 3,496,625 total issued and outstanding shares of the Issuer, comprising 2,119,625 shares (being the 16,957,000 ordinary shares outstanding as of July 30, 2026, as reported in the Issuer's annual report on Form 20-F filed on July 30, 2026, as adjusted for the Share Consolidation described herein) plus the 1,377,000 Class A Shares issued on August 12, 2026 pursuant to the share swap agreement described in Item 4.


SCHEDULE 13D


Fung & Tun Limited
Signature:/s/ Tsz Tun Tse
Name/Title:Tsz Tun Tse/Director
Date:08/27/2026