Ming Shing Group names new CFO as two executives resign

Ming Shing Group Holdings Limited (NASDAQ: MSW) announced the resignation of its Chief Financial Officer Pik Chun Lin and Chief Accounting Officer Chi Hei Tsoi, effective immediately. The Hong Kong-based wet trades contractor stated both executives resigned for personal reasons and not due to any disagreement with the company.

The company simultaneously appointed To Wa Yiu as its new Chief Financial Officer. Yiu, 43, brings over 20 years of experience in accounting, auditing and business management to the role.

Yiu currently serves as financial controller at Cornerstone Financial Holdings Limited since July 2022. His previous positions include managing director at DeTai New Energy Group Limited from July 2021 to April 2022, and financial controller at PacRay International Holdings Limited from September 2019 to April 2021. He also worked as finance manager at Pacific Plywood Holdings Limited from 2011 to 2018 and as a manager at Deloitte Touche Tohmatsu from 2005 to 2011.

The new CFO holds independent non-executive director positions at two Hong Kong Stock Exchange-listed companies: Rongzun International Holdings Limited (HKEx: 1780) since December 2023 and China Environmental Energy Investments Limited (HKEx: 986) since July 2017.

Yiu earned a bachelor of business administration in Professional Accountancy from the Chinese University of Hong Kong in 2005 and has been a member of the Hong Kong Institute of Certified Public Accountants since 2008.

"We are thankful to Pik Chun Lin and Chi Hei Tsoi's service in the Company," stated CEO Wenjin Li. "We are excited to welcome To Wa Yiu. Mr. Yiu's experience in accounting, auditing and business management will assist us in financial management of the Company."

Ming Shing Group provides wet trades services including plastering, tile laying, brick laying, floor screeding and marble works primarily in Hong Kong through two wholly-owned subsidiaries.

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