Ming Shing Group Holdings, a Hong Kong construction subcontractor focused on wet trades services, raised $8 million by offering 1.5 million shares at $5.50, the low end of the range of $5.50 to $7.50.
Ming Sheng Group mainly engages in wet trades works, such as plastering, tile laying, brick laying, floor screeding, and marble works. The group primarily focuses on residential and commercial developments.
Ming Shing Group Holdings plans to list on the Nasdaq under the symbol MSW. Alexander Capital and Revere Securities acted as joint bookrunners on the deal.
