• Ming Shing closed its acquisition of Meals Through Seasons Limited on Sept. 2, 2026, valuing the deal at USD 510 million.
• Consideration paid entirely in securities: 150,000,000 Class A ordinary shares at USD 1 per share, no cash component.
• Issued unsecured convertible promissory notes totaling USD 360 million, split 70% to Hongs Smart Limited, 30% to Yapjianhuei Smart Limited.
• Notes carry no interest, have no fixed maturity, convert at USD 1 per share only if annual NPAT meets a 50% forecast threshold.
• Conversions capped to keep each holder and affiliates below 24% of total voting rights on a fully diluted basis.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ming Shing Group Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609022212PRIMZONEFULLFEED9820790) on September 03, 2026, and is solely responsible for the information contained therein.