Masonglory Ltd (MSGY) Form 6-K — Jul 10, 2026
Masonglory Limited has called an extraordinary general meeting to seek shareholder approval for a share consolidation and a comprehensive reclassification of its share capital. The proposal seeks to consolidate every eight issued and unissued shares with a par value of $0.0001 into one share with a par value of $0.0008, effectively reducing the total number of authorized shares from 500 million to 62.5 million. Following the consolidation, the company plans to reclassify its authorized capital into a dual-class structure consisting of 60 million Class A ordinary shares and 2.5 million Class B ordinary shares.
Key figures
- Shares Outstanding
- 500000000
- New par value
- $0.0008
- Old par value
- $0.0001
- Consolidation ratio
- 8:1
- Class a voting power
- 1
- Class b voting power
- 50
- Class a authorized shares
- 60000000
- Class b authorized shares
- 2500000
- Fung tun shares reclassified
- 682500
- Authorized shares post consolidation
- 62500000
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