Mergers & Acquisitions ·
Ming Shing Group Holdings Limited entered into a stock purchase agreement on August 11, 2026, to acquire the entire…
MSWMing Shing Group Holdings Ltd
Ming Shing Group Holdings Limited entered into a stock purchase agreement on August 11, 2026, to acquire the entire issued share capital of Meals Through Seasons Limited for an aggregate consideration of US$510 million payable entirely in securities. The transaction comprises the issuance of 150 million Class A ordinary shares valued at US$150 million and unsecured convertible promissory notes with a principal amount of US$360 million, both issued at a reference price of US$1.00 per share. Closing is scheduled on or before August 31, 2026, subject to due diligence completion and Nasdaq notification without objection. The acquisition follows a non-binding strategic cooperation framework agreement announced in July 2026 between the company's subsidiary PMA Nano Carbon Technology and Meal Though Seasons HK Limited regarding graphene thermal management applications in agriculture. This deal represents a significant expansion into organic agricultural supply chains, cold chain logistics, and product processing for Ming Shing Group Holdings Limited, which operates primarily in wet trades construction works and graphene technology.