Mergers & Acquisitions ·
Ming Shing Group Holdings Limited closed its acquisition of Meals Through Seasons Limited on September 2, 2026
MSWMing Shing Group Holdings Ltd
Ming Shing Group Holdings Limited closed its acquisition of Meals Through Seasons Limited on September 2, 2026. The company issued 150,000,000 Class A ordinary shares and unsecured convertible promissory notes with an aggregate principal amount of US$360,000,000 as consideration for the entire share capital of the target. No cash was paid. The notes are divided into three annual performance tranches of $120,000,000 each, convertible at $1.00 per share only if the company meets specific net profit after tax thresholds. Ming Shing Group Holdings Limited operates in the construction industry, specializing in wet trades works such as plastering and tile laying.