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Masonglory Limited ( (MSGY) ) just unveiled an update.
On July 7, 2025, Masonglory Limited announced the pricing of its initial public offering (IPO) of 1,500,000 ordinary shares at $4.00 per share, with trading commencing on Nasdaq under the ticker ‘MSGY’ on July 8, 2025. The offering, which closed on July 9, 2025, is expected to generate approximately $6 million in gross proceeds, which will be used for workforce expansion, machinery acquisition, project diversification, marketing efforts, and general corporate purposes, enhancing the company’s market positioning and operational capacity.
More about Masonglory Limited
Masonglory Limited, founded in 2018 in Hong Kong, operates as a subcontractor specializing in wet trades and ancillary services for property developers and the Hong Kong government. As a registered specialist trade contractor, the company offers comprehensive solutions including plastering, tile laying, brick laying, floor screeding, and marble works.
For a thorough assessment of MSGY stock, go to TipRanks’ Stock Analysis page.