Ming Shing Group Holdings Limited · NASDAQ:MSW
Ming Shing — IPO Roadshow (October 2024)
20 slides from Ming Shing's IPO roadshow presentation, Oct 17, 2024
Slide 1: Ming Shing Group Holdings Limited
Ming Shing Group Holdings Limited Proposed Nasdaq Symbol: MSW. October 2024 Issuer Froo Writing Prospectus dated October 16, 2024 Filed to Rule 439 of the Securities Actof 1839, as amended fed August 28, 2024, as amended
Slide 2: Free Writing Prospectus Statement
G Free Writing Prospectus Statement This free writing prospectus relates to the proposed public offering of ordinary shares (“Ordinary Shares”) of Ming Shing Group Holdings Limited (“we”, “us”, “our” or the “Company”) which are being registered on the Registration Statement and should be read togeth
Slide 3: Forward-Looking Statement
MS Forward-Looking Statement This presentation contains forward-looking statements that involve risks and uncertainties, such as statements related to future events, business strategy, future performance, future operations, backlog, financial position, estimated revenues and losses, projected costs,
Slide 4: Offering Summary
MS Offering Summary Issuer Ming Shing Group Holdings Limited Securities Ordinary Shares, par value US$0.0005, Offering Type Initial Public Offering, Proposed Listing/Symbol Nasdaq Capital Market: MSW reer Rue re tC 1,500,000 Ordinary Shares, or 1,725,000 Ordinary Shares if the underwriters exercise
Slide 5: Company Overview
MS Company Overview About Us Contracted But Not Yet Recognized Revenue ° We mainly engaged in wet trades works through two wholly-owned operating subsidiaries based in Hong Kong Service Scope e + Plastering + Tile laying + Brick laying + Floor screeding * Marble works Mission 3] To become the leadin
Slide 6: Company Overview
MS Company Overview MS (HK) Engineering Limited MS Engineering Co., Limited Aregistered specialist trade contractor in the designated trade category of plastering (Group 2) under the Registered Specialist Trade Contractors Scheme of the Construction Industry Council Mainly specializes in providing w
Slide 7: Corporate Structure
MS Corporate Structure Pre-Offering Mr. Chi Ming Lam 100% Ming Shing Group Holdings Limited (1) (incorporated in the Cayman Islands) To0%e | MS (HK) Construction Engineering Limited (2) (Incorporated in the British Virgin Islands) 100% 100% Post-Offering (assuming the selling shareholder did not imm
Slide 8: Investment Highlights
MS Investment Highlights Established Relationship Lo ie _ with Customers OA 1 5 Established P| Track Record x ~ i Gara Experienced & Dedicated Management Team
Slide 9: Established Track Record
G Established Track Record | Plastering We have focused on providing wet trades works services in the role of a subcontractor and built up our expertise in wet trades works for 10 years ED 1 2024) 1 1 1 Residential Project F Initial Contract Sum: US$5.3 milion Infrastructure ProjectforThe private Re
Slide 10: Financial Highlights
G Financial Highlights Revenue Gross Profit Net Income* usstitton (audited) ussmilton (gudited) ussmition (audited) 30 27.57 6 5.09 3 2.79 25 21.87 5 3 2.33 20 4 3.49 2 15 3 2 10 2 1 5 a 1 ° ° ° FY2023 FY2024 FY2023 FY2024 FY2023 FY2024 Revenue Breakdown FY2023 FY2024 mmm Private mm Public Seo canng
Slide 11: Established Relationship with Customers
MS Established Relationship with Customers We have established long-standing relationships oni cel with some of our major customers lity Work . We have had Over thirteen year business relationship with a Hong Kong subsidiary of a renowned French industrial group that is a listed company on Euronext
Slide 12: Operational Workflow
G Operational Workflow Approximately 1 week to. 2 months Identification of business Opportunities Preliminary assessment of the project Preparation of tender Award of contract dh Si Formation of project management team Project implementation Customer inspection and acceptance Defects liability perio
Slide 13: Pricing Strategies
Pricing Strategies Estimated Costs Scope of services Price trend for the types of subcontracting services and the materials required Complexity and location of the project; Estimated quantity and type of equipment required Completion time requested Availability of human and financial resources Quota
Slide 14: Experienced Management Team
MS Experienced Management Team Chi Ming Lam Director Chief Executive Officer Chairman 20+ years of experience in the wet trades works industry. Director and shareholder of MS (HK) Engineering Limited since 2012. Director and shareholder of MS Engineering Co., Limited since 2019 and 2021 respectively
Slide 15: Board of Directors
G Board of Directors Wai Chun Chik Independent Director Nominee + 15+ years in auditing, accounting, and corporate governance, + Independent director, Top Wealth Group Holding (NASDAQ: TW) since April 2024. + Head of company secretarial department of RB. Advisory Limited. + Company secretary for Fin
Slide 16: Industry Overview
G Industry Overview Value Chain of Hong Kong Wet Trades Works Market UpSECEnD Material supplier Government and public institutions Equipment and tool supplier >» Property developer Machinery provider Household tenants Serge: me Frost &suion Report conmissonedby the Company Fe Tee eer et oor eer aran
Slide 17: Industry Overview
G Industry Overview Market Size of Wet Trades Works in Hong Kong ‘The private sector contributes to most of the total gross value of wet trades works in Hong Kong. Gross value of wet trades works by sector in Hong Kong, 2016-2026E exon aeieaon _—_—a0a76 00658 Public wacin 208 mm Braicsce Mion rrivat
Slide 18: Industry Overview: Market Drivers and Opportunities
Industry Overview Market Drivers and Opportunities Continuous housing supply in Hong Kong if r The development of the wet trades markets highly associated with the constructions of " buildings and infrastructures Urban renewal projects The HK Government launched the Mandatory (=) 0) Building Inspect
Slide 19: Growth Strategies
Growth Strategies Enhancing Competitiveness & Expanding Market Share + Focus on deploying our resources towards competing for additional and more sizeable wet trades works projects in HongKong. + Plan to apply part of our net proceeds from the sale of Ordinary Shares to enhance our project managemen
Slide 20: Contact
Contact ALEXANDER CAPITAL Issuer Ming Shing Group Holdings Limited Email: ir@ms100.com.hk Tel: +852 23703788 ‘Address: 8/F, Cheong Tai Factory Building, 16 Tai Yau Street, San Po Kong, Kowloon, Hong Kong Representative: Alexander Capital, L.P. Email: info@alexandercapitallp.com Tel: +1 (212) 687-565
Ming Shing Group Holdings — IPO Roadshow (October 2024) on 6ix