Masonglory Ltd Form SCHEDULE 13D/A — Oct 28, 2026
Fung & Tun Limited, the British Virgin Islands holding company controlled by Messrs. Tse Shing Fung and Tse Tsz Tun, filed Amendment No. 2 to its Schedule 13D on Masonglory Ltd (Nasdaq: MSGY) disclosing it sold an aggregate of 182,000 Class A Shares from October 25 through October 28, 2026. Following the sales, Fung & Tun Limited beneficially owns 1,130,500 shares — 682,500 high-vote Class B Shares (50 votes each) and 448,000 Class A Shares — representing approximately 32.3% of Masonglory's 3,496,625 issued and outstanding shares but approximately 93.6% of total voting power under the dual-class structure adopted with the August 2026 8-for-1 share consolidation and reclassification.
Key figures
- Shares Outstanding
- 3496625
- Percent of class
- 32.3%
- Class a shares held
- 448000
- Class b shares held
- 682500
- Shares sold oct 25 28
- 182000
- Class b votes per share
- 50
- Percent of voting power
- 93.6%
- Beneficially owned shares
- 1130500
- Share consolidation ratio
- 8:1
- Swap issued class a shares
- 1377000
- Form 144 proposed sale shares
- 630000
- Swap acquired stake in beta gmbh
- 20%
AI analysis
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