Ming Shing Group Closes Acquisition of Meals Through Seasons


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Ming Shing Group Closes Acquisition of Meals Through Seasons
Hong Kong, September 2, 2026 - Ming Shing Group Holdings Limited (NASDAQ: PMA), a Hong Kong-based company mainly engaged in wet trades works, has successfully closed its acquisition of Meals Through Seasons Limited for an aggregate consideration of US$510,000,000 payable entirely in securities.
The transaction, originally announced on August 11, 2026, involves no cash payment. The total consideration comprises 150,000,000 Class A ordinary shares issued at a reference price of US$1.00 per share, and unsecured convertible promissory notes in the aggregate original principal amount of US$360,000,000.
Transaction Details
- Target Company: Meals Through Seasons Limited, incorporated in the British Virgin Islands.
- Consideration Shares: 150,000,000 Class A ordinary shares valued at US$150,000,000.
- Convertible Notes: Unsecured convertible promissory notes totaling US$360,000,000 divided into three equal annual performance tranches.
- Sellers: Hongs Smart Limited (70%) and Yapjianhuei Smart Limited (30%).
About Ming Shing Group Holdings Ltd
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