MSW News & Events

Ming Shing announces the resignation of Pik Chun Lin and Chi Hei Tsoi as CFO and Chief Accounting Officer, respectively. Ms. Lin and Mr. Tsoi have indicated their resignation is for personal reasons and not due to any disagreement with the Company. Ming Shing announced the appointment of To Wa Yiu as CFO of the Company. To Wa Yiu has over 20 years of experience in accounting, auditing and business management.

Ming Shing Group announced an update in its board of directors.Ming Shing announces the resignation of Yu Yuan as an independent director. Yuan has indicated his resignation is for personal reasons and not due to any disagreement with the company. Ming Shing announced the appointment of Wan-Jung Sun to its Board of Directors as director of the company.

Ming Shing announces the increase in the size of its Board of Directors by two, bringing the total number of directors to seven and the appointment of Han Yan and Qiuxian Qiao to its Board of Directors as the sixth and seventh director and Han Yan's appointment as the Chief Operating Officer of the Company.

Ming Shing Group Holdings announced that it has entered into a Bitcoin purchase agreement with Winning Mission Group Limited , a company incorporated under the laws of the British Virgin Islands, for the purchase of 4,250 Bitcoins, in the consideration of US$482,961,500, an average price of $113,638 per Bitcoin, payable at the closing of the Bitcoin Purchase Agreement, which is anticipated to occur on or prior to December 31, 2025, in the form of (i) a convertible promissory note with a principal amount of US$482,961,500; and (ii) a warrant to purchase 402,467,916 Ordinary Shares of the Company. Concurrent with entry into the Bitcoin Purchase Agreement, (i) the Company; (ii) the Seller; and (iii) Rich Plenty Investment Limited, a company incorporated under the laws of the British Virgin Islands, an independent arms-length third party, entered into an assignment agreement, pursuant to which the Seller assigns to the Assignee the interest in 50% of the value of the Consideration, in consideration of the Assignee issuing a promissory note to the Seller in the amount of 2,125 Bitcoins. Therefore, pursuant to the Bitcoin Purchase Agreement and the Assignment, the Company shall issue to each of the Seller and the Assignee (i) a convertible promissory note with a principal amount of US$241,480,750; and (ii) a warrant to purchase 201,233,958 Ordinary Shares of the Company, as consideration of the purchase of 4,250 Bitcoins.