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Ming Shing Group’s Director Secures $1.6M Note with Share Pledge

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Ming Shing Group Holdings Limited ( (MSW) ) has shared an announcement.

On October 30, 2025, Ming Shing Group Holdings Limited announced that Mr. Chi Ming Lam, a non-independent director of the company, executed a secured promissory note with Relaxandrinks Limited, a UK-based company. The note involves a principal sum of $1.6 million, secured by a pledge of 5,400,000 ordinary shares of Ming Shing Group Holdings. This agreement includes a stock pledge agreement, allowing the note holder to potentially gain control of the pledged shares if Mr. Lam defaults on payment. This could lead to a change in control of the company, impacting its operations and shareholder structure.

The most recent analyst rating on (MSW) stock is a Sell with a $2.00 price target. To see the full list of analyst forecasts on Ming Shing Group Holdings Limited stock, see the MSW Stock Forecast page.

Spark’s Take on MSW Stock

According to Spark, TipRanks’ AI Analyst, MSW is a Underperform.

Ming Shing Group Holdings Limited is facing significant financial and operational challenges. The most impactful factors are the negative financial performance and poor valuation metrics. Technical indicators also suggest a bearish outlook, further weighing down the stock’s attractiveness.

To see Spark’s full report on MSW stock, click here.

More about Ming Shing Group Holdings Limited

Average Trading Volume: 324,314

Technical Sentiment Signal: Strong Sell

Current Market Cap: $28.55M

Find detailed analytics on MSW stock on TipRanks’ Stock Analysis page.

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