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Ming Shing Group to acquire PMA Nano Carbon Tech for $110M via convertible notes

Company Fundamentals
26 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Ming Shing Group Holdings Limited announced it will acquire PMA Nano Carbon Tech Limited for $110 million through the issuance of unsecured convertible promissory notes. PMA Nano Carbon Tech, via its Singapore subsidiary, focuses on graphene-based thermal management technologies with applications in AI, new energy vehicles, healthcare, and electronics. The acquisition aims to expand Ming Shing's business into advanced technology sectors, leveraging PMA's patents and market potential. The deal is subject to Nasdaq approval and expected to close within a month.

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