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Masonglory Filed Terms, Nasdaq: MSGY

Hong Kong-based subcontractor providing wet trades and other services.

Industry: Industrials

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Industrials

We are a holding company incorporated in the Cayman Islands with operations conducted in Hong Kong by our Operating Subsidiary, Masontech Limited. We have since been engaged in the provision of wet trades services and other ancillary services as a subcontractor in Hong Kong since 2018. As a subcontractor, we provide our 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. In recognition of our achievements in the wet trades industry in Hong Kong, our Operating Subsidiary has been granted registration as a Group 2 Registered Specialist Trade Contractor under the Registered Specialist Trade Contractors Scheme (formerly known as the Subcontractor Registration Scheme) of the Construction Industry Council since 2020. For the years ended March 31, 2024 and 2023, our major customers consisted primarily of main contractors of property development and civil engineering projects in Hong Kong. In particular, we value and rely on our relationship with three of our major customers.
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IPO Data
IPO File Date 11/07/2024
Offer Price
Price Range $4.00 - $6.00
Offer Shares (mm) 1.5
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $4.00 - $6.00
Offer Shares (mm) 1.5
Deal Size ($mm) $8
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Benjamin Securities
D. Boral Capital
Company Data
Headquarters Hong Kong, China
Founded 2018
Employees at IPO 11

Masonglory (MSGY) Performance