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An announcement from Masonglory Limited ( (MSGY) ) is now available.
On July 24, 2025, Masonglory Limited announced the closing of the underwriter’s over-allotment option, resulting in the sale of an additional 225,000 ordinary shares at $4.00 per share. This move, part of the company’s initial public offering, raised an additional $900,000 in gross proceeds, bringing the total number of issued and outstanding shares to 14,225,000. This strategic financial maneuver is expected to strengthen Masonglory’s market position and provide further capital for its operations, benefiting stakeholders and supporting future growth initiatives.
More about Masonglory Limited
Masonglory Limited, founded in 2018 in Hong Kong, is a subcontractor specializing in wet trades and ancillary services for property developers and the Hong Kong government. As a registered specialist trade contractor since 2020, the company offers comprehensive solutions including plastering, tile and brick laying, floor screeding, and marble works.
Average Trading Volume: 354,234
See more data about MSGY stock on TipRanks’ Stock Analysis page.