SEC Comment Letter 0000000000-23-011051 to Ming Shing Group Holdings Ltd (MSW) (CIK 0001956166) (MSW)
Ming Shing Group Holdings Ltd (MSW) (CIK 0001956166)
Date: Oct. 6, 2023 · CIK: 0001956166 · Accession: 0000000000-23-011051
AI Filing Summary & Sentiment
File numbers found in text: 333-272861
Letter
United States securities and exchange commission logo October 6, 2023 Chi Ming Lam Chief Executive Officer and Chairman Ming Shing Group Holdings Ltd 8/F, Cheong Tai Factory Building 16 Tai Yau Street San Po Kong, Kowloon Hong Kong Re:Ming Shing Group Holdings Ltd Amendment No. 1 to Registration Statement on Form F-1 Filed September 22, 2023 File No. 333-272861 Dear Chi Ming Lam: We have reviewed your amended registration statement and have the following comments. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe a comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to this letter, we may have additional comments. Unless we note otherwise, any references to prior comments are to comments in our July 6, 2023 letter. Form F-1/A filed on September 22, 2023 Use of Proceeds, page 46 1.We note your amendments in response to our prior comment. Please further revise this section to specifically identify which borrowings you intend to repay with proceeds of this offering. If any of these borrowings were incurred within the last year, please also describe the uses to which such borrowing proceeds were put. Please see Item 3.C.4 of Form 20-F. 4. Contract Assets, page F-20 2.Please confirm whether or not the Company had any contract liabilities as of March 31, 2023. If so, expand your disclosure to include information regarding the contract liability
FirstName LastNameChi Ming Lam Comapany NameMing Shing Group Holdings Ltd October 6, 2023 Page 2 FirstName LastName Chi Ming Lam Ming Shing Group Holdings Ltd October 6, 2023 Page 2 balances for each of the periods presented, including the amount of revenue recognized during such periods that was included in contract liabilities at the beginning of each period as required by ASC 606-10-50-8. Separately present the contract liabilities balance, if any, on the face of your consolidated balance sheet. See ASC 606-10-45-1. Please contact Ameen Hamady at 202-551-3891 or Kristina Marrone at 202-551-3429 if you have questions regarding comments on the financial statements and related matters. Please contact Kibum Park at 202-551-6836 or Pam Long at 202-551-3765 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction cc: Daniel D. Nauth, Esq.
Show Raw Text
United States securities and exchange commission logo
October 6, 2023
Chi Ming Lam
Chief Executive Officer and Chairman
Ming Shing Group Holdings Ltd
8/F, Cheong Tai Factory Building
16 Tai Yau Street
San Po Kong, Kowloon
Hong Kong
Re:Ming Shing Group Holdings Ltd
Amendment No. 1 to Registration Statement on Form F-1
Filed September 22, 2023
File No. 333-272861
Dear Chi Ming Lam:
We have reviewed your amended registration statement and have the following
comments.
Please respond to this letter by amending your registration statement and providing the
requested information. If you do not believe a comment applies to your facts and circumstances
or do not believe an amendment is appropriate, please tell us why in your response.
After reviewing any amendment to your registration statement and the information you
provide in response to this letter, we may have additional comments. Unless we note otherwise,
any references to prior comments are to comments in our July 6, 2023 letter.
Form F-1/A filed on September 22, 2023
Use of Proceeds, page 46
1.We note your amendments in response to our prior comment. Please further revise this
section to specifically identify which borrowings you intend to repay with proceeds of this
offering. If any of these borrowings were incurred within the last year, please also
describe the uses to which such borrowing proceeds were put. Please see Item 3.C.4 of
Form 20-F.
4. Contract Assets, page F-20
2.Please confirm whether or not the Company had any contract liabilities as of March 31,
2023. If so, expand your disclosure to include information regarding the contract liability
FirstName LastNameChi Ming Lam
Comapany NameMing Shing Group Holdings Ltd
October 6, 2023 Page 2
FirstName LastName
Chi Ming Lam
Ming Shing Group Holdings Ltd
October 6, 2023
Page 2
balances for each of the periods presented, including the amount of revenue recognized
during such periods that was included in contract liabilities at the beginning of each period
as required by ASC 606-10-50-8. Separately present the contract liabilities balance, if
any, on the face of your consolidated balance sheet. See ASC 606-10-45-1.
Please contact Ameen Hamady at 202-551-3891 or Kristina Marrone at 202-551-3429 if
you have questions regarding comments on the financial statements and related matters. Please
contact Kibum Park at 202-551-6836 or Pam Long at 202-551-3765 with any other questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction
cc: Daniel D. Nauth, Esq.