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Ming Shing Group’s Subsidiary Invests in Bitcoin for Asset Growth

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Ming Shing Group Holdings Limited ( (MSW) ) has provided an update.

On February 28, 2025, Ming Shing Group Holdings Limited’s subsidiary, Lead Benefit (HK) Limited, purchased 333 Bitcoins for approximately US$27 million, aiming to leverage potential Bitcoin appreciation as a short-term investment. This strategic move is intended to enhance asset growth and provide financial flexibility for its wet trade works business, reflecting the company’s proactive approach to asset management and shareholder value creation.

More about Ming Shing Group Holdings Limited

Ming Shing Group Holdings Limited is a Hong Kong-based company primarily engaged in wet trades works, including plastering, tile laying, brick laying, floor screeding, and marble works. The company aims to be a leading wet trades works service provider in Hong Kong and the United States, offering quality services through its subsidiaries MS (HK) Engineering Limited and MS Engineering Co. Limited.

YTD Price Performance: -6.76%

Average Trading Volume: 364,242

See more data about MSW stock on TipRanks’ Stock Analysis page.

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