Dividends & Buybacks ·
Masonglory Limited shareholders approved a share consolidation at its July 31, 2026 extraordinary general meeting
MSGYMasonglory Ltd
Masonglory Limited shareholders approved a share consolidation at its July 31, 2026 extraordinary general meeting. Every eight shares with a par value of US$0.0001 will consolidate into one share with a par value of US$0.0008. The company is also reclassifying authorized capital into 60 million Class A ordinary shares carrying one vote each and 2.5 million Class B ordinary shares carrying fifty votes each. Existing issued shares held by Fung & Tun Limited will be designated as Class B, while other shareholders' shares become Class A. The consolidation and reclassification are effective August 11, 2026, when trading resumes under symbol MSGY with a new CUSIP. Masonglory Limited operates in the construction industry, providing wet trades services such as plastering, tile laying, and brick laying to property developers and government entities.