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HomeMing Shing Group to launch IPO on November 4th

Ming Shing Group to launch IPO on November 4th

Ming Shing Group Holdings (MSW) expects to raise $10 million in an initial public offering on the week of November 4th, IPO Scoop reports. The company will be issuing 1,500,000 shares at a price of $5.50-$7.50 per share. In the last 12 months, Ming Shing Group Holdings generated $27.6 million in revenue and $2.3 million [...]


Ming Shing Group Holdings made $27.6 million in revenue and $2.3 million in net income over the past year, with a market cap of $82.9 million.

The company is aiming to be the top provider of wet trades services in Hong Kong, focusing on quality service tailored to client specifications. Incorporated in the Cayman Islands on August 2, 2022, it operates through subsidiaries in Hong Kong for plastering, tiling, bricklaying, screeding, and marble works. They hold a 0.4% market share in this sector as of 2021.

Ming Shing Group is led by MS (HK) Engineering Limited for public and private projects and MS Engineering Co. Limited for private projects only.

Recently, the company updated its IPO plans, aiming to sell 1.5 million shares priced between $5.50 and $7.50, raising approximately $9.75 million. However, they withdrew these plans on August 27, 2024.

Founded in 2012, Ming Shing Group has 24 employees and is located in Kowloon, Hong Kong. For inquiries, dial +852 2370 3788 or visit ms100.com.hk.

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