Recent Updates — MSGY
July 31, 2026View Source ↗
Masonglory Limited held an Extraordinary General Meeting on July 31, 2026, where shareholders approved a share consolidation and reclassification. The company will consolidate every eight existing shares into one new ordinary share with a par value of US$0.0008, reducing the authorized share count from 500 million to 62.5 million. Concurrently, the board is authorized to set an effective date no later than August 31, 2026. The filing also details the reclassification of these shares into Class A (one vote per share) and Class B (fifty votes per share), with specific designations for holdings by Fung & Tun Limited. This governance change establishes a dual-class structure for Masonglory Limited, an investment holding company.