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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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.
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.
