HONG KONG, Aug.  06, 2026  (GLOBE NEWSWIRE) --  On July 31, 2026, Masonglory Limited (the &#34;Company&#34;) held the Company’s Extraordinary General Meeting (the &#34;EGM&#34;), amongst which a share consolidation was

MSGY

Masonglory Limited Announces Share Consolidation and Share Reclassification

Masonglory confirms 8-for-1 consolidation and dual-class restructure ahead of Nasdaq move

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>HONG KONG, Aug.  06, 2026  (GLOBE NEWSWIRE) --  On July 31, 2026, Masonglory Limited (the &amp;#34;Company&amp;#34;) held the Company’s Extraordinary General Meeting (the &amp;#34;EGM&amp;#34;), amongst which a share consolidation was</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Masonglory Limited approved an eight-for-one share consolidation and a dual-class reclassification at its July 31, 2026 EGM. The 60M Class A and 2.5M Class B shares will trade on Nasdaq under MSGY with new CUSIP G6007A118 starting August 11, 2026. The move could impact liquidity, governance, and valuation.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Share consolidation approved; eight old for one new share.</li><li>Reclassification creates 60M Class A and 2.5M Class B shares; Class B votes 50.</li><li>Trading resumes under MSGY on Nasdaq with new CUSIP G6007A118 on Aug 11, 2026.</li><li>Masonglory focuses on wet trades for HK developers and government.</li><li>EGM date: July 31, 2026.</li></ul>
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  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Masonglory Limited (MSGY)</strong>: Direct corporate action; share consolidation and dual-class reclassification; Nasdaq listing from Aug 11, 2026.</li><li><strong>Nasdaq, Inc. (NDAQ)</strong>: Operator of Nasdaq Capital Market; potential impact on MSGY trading liquidity and market access.</li></ul>
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  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Corporate Developments: This is a material capital-structure action (consolidation and dual-class reclassification) tied to listing dynamics, governance implications, and potential liquidity shifts, making it relevant for MSGY&#039;s near-term valuation and investor base.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Eight-for-one consolidation reduces float and may lift per-share price.</li><li>Dual-class structure with Class B voting rights could affect governance and investor demand.</li><li>Nasdaq Capital Market listing and new CUSIP may alter liquidity and trading mechanics.</li><li>Effective August 11, 2026 timing may drive near-term price action.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>EGM held: July 31, 2026; approved share consolidation and reclassification.</li><li>Consolidation ratio: 8 old for 1 new; par value US$0.0008.</li><li>Post-consolidation authorized capital: US$50,000; 62,500,000 shares.</li><li>Share mix after consolidation: 60,000,000 Class A; 2,500,000 Class B.</li><li>Class A: 1 vote per share; Class B: 50 votes per share.</li><li>Trading under MSGY with new CUSIP G6007A118 commencing Aug 11, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral near-term; expect limited price moves around Aug 11, 2026 as liquidity and voting dynamics adjust.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p>HONG KONG, Aug.  06, 2026  (GLOBE NEWSWIRE) --  On July 31, 2026, Masonglory Limited (the "Company") held the Company’s Extraordinary General Meeting (the "<b>EGM</b>"), amongst which a share consolidation was approved by the shareholders, whereby every eight issued and unissued shares of par value of US$0.0001 each in the share capital of the Company be consolidated into one (1) share of a par value of US$0.0008 each (the "<b>Share Consolidation</b>") so that the authorized share capital of the Company shall be changed from US$50,000 divided into 500,000,000 shares of a par value of US$0.0001 each to US$50,000 divided into 62,500,000 shares of a par value of US$0.0008 each.</p>  <p>The authorized share capital of the Company shall then be reclassified by re-classifying the 62,500,000 shares of a par value of US$0.0008 each as 60,000,000 class A ordinary shares of a par value of US$0.0008 each, each such share carrying one (1) vote per share (the "<b>Class A Shares</b>") and 2,500,000 class B ordinary shares of a par value of US$0.0008 each, each such share carrying fifty (50) votes per share (the "<b>Class B Shares</b>)" (the "<b>Reclassification</b>") so that the authorized share capital of the Company shall be changed from US$50,000 divided into 65,200,000 shares of a par value of US$0.0008 each to US$50,000 divided into 62,500,000 shares of a par value of US$0.0008 each, comprising (i) 60,000,000 class A ordinary shares of a par value of US$0.0008 each and (ii) 2,500,000 class B ordinary shares of a par value of US$0.0008 each.</p>  <p>The Share Consolidation, and Reclassification shall be reflected with the Nasdaq Capital Market and in the marketplace at the open of business on August 11, 2026, whereupon the Class A Shares will continue trading under the symbol "MSGY" and under the new CUSIP Number of G6007A118.</p>  <p><b>About Masonglory Limited</b></p>  <p>Founded in 2018 in Hong Kong, Masonglory Limited is a subcontractor providing wet trades services and other ancillary services to property developers and Hong Kong government. As a registered specialist trade contractor (plastering-group 2) since 2020, the Company provides customers with comprehensive wet trades works solutions, which principally include: (i) plastering on floors, ceilings, and walls; (ii) tile laying on internal and external walls and floors; (iii) brick laying; (iv) floor screeding; and (v) marble works. For more information, please visit: <a href="https://www.globenewswire.com/Tracker?data=5iFf_u6pKAOmLP98NY95jj8FcRGKMh0yr_k_UKz5u_1SXUNL1Q-hqs98pvkyxJakGkbSTOCkCNAG1HOVrix2b6s5JV_v7VagPctHho92WkzYy_qAsk0bv03W1x_qUe2x" rel="nofollow" target="_blank">https://www.masontech.com.hk/</a>; <a href="https://www.globenewswire.com/Tracker?data=5iFf_u6pKAOmLP98NY95jrTQmS3FqY9F-E4XOqJZA_734UrfJowYD8THCrrrwTMw8yE5GQWJo49uAbbR4-meOKeYQj36yOcPvaDmKP_VmF1scHA4D7DnE-NSWgEqJT98" rel="nofollow" target="_blank">https://ir.masontech.com.hk/</a></p>  <p><b>Forward-Looking Statements</b></p>  <p>Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "aim", "anticipate", "believe", "estimate", "expect", "going forward", "intend", "may", "plan", "potential", "predict", "propose", "seek", "should", "will", "would" or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.</p>  <p>For more information, please contact:</p>  <p><b>Masonglory Limited</b></p>  <p>Investor Relations Department</p>  <p>Email: <a href="https://www.globenewswire.com/Tracker?data=c9Xz2okHR0S52nURQHE8Bcn2Y3a9Uek7U0RnRtd4YUHZsb0g3Xwxb6ta29Dgbj6_YzuWcCZNjio7ThHyu4bNju8iOqZBioDu7dIbmkcw2Sd8uAgbP1fFz12INs_y2RaD" rel="nofollow" target="_blank">services@wealthfsllc.com</a></p>  <p><br></br></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwNTI1NyM3NzYzMzMyIzUwMDE1OTg4OA=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/NzlkYWUxN2ItNzhkNi00NDMzLWJiOTYtZWFjZDFiNDRkNGMyLTUwMDE1OTg4OC0yMDI2LTA4LTA2LWVu/tiny/Masonglory-Limited.png" referrerpolicy="no-referrer-when-downgrade"></img><p><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/d22dd5c4-86bd-4eb2-92b4-8a9d7c79c2c5"><img src="https://ml.globenewswire.com/media/d22dd5c4-86bd-4eb2-92b4-8a9d7c79c2c5/small/logo-png.png" border="0" width="87" height="89" alt="Primary Logo"></img></a></p>

Masonglory Limited approved an eight-for-one share consolidation and a dual-class reclassification at its July 31, 2026 EGM. The 60M Class A and 2.5M Class B shares will trade on Nasdaq under MSGY with new CUSIP G6007A118 starting August 11, 2026. The move could impact liquidity, governance, and valuation.

News insight

Masonglory Limited Announces Share Consolidation and Share Reclassification

AI summary

Sentiment rationale

Key facts

Corporate Developments