Masonglory Limited Announces Closing of the Underwriter’s Over-Allotment Option in Connection with its Initial Public Offering
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 24 2025
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Should l Buy ?
Source: Globenewswire
Company Announcement: Masonglory Limited has successfully closed the sale of an additional 225,000 ordinary shares at $4.00 each, raising a total of $900,000 in addition to its previous IPO proceeds of $6,000,000.
Company Overview: Founded in 2018, Masonglory Limited is a Hong Kong subcontractor specializing in wet trades and related services for property developers and the government, offering solutions like plastering, tile laying, and marble works.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
