Millennium Group International Holdings Limited

General Information
Business:

Millennium Group International Holdings Limited, or Millennium, is a holding company incorporated in the Cayman Islands. As a holding company with no material operations, it conducts a substantial majority of its operations through the subsidiaries established in Hong Kong, the People’s Republic of China, or the PRC or China, and Vietnam.

Founded in 1978, we are a long-established paper-based packaging solutions supplier. We are headquartered in Hong Kong with operations in the PRC and Vietnam. We operate two production facilities in Guangdong Province of the PRC. We also operate a supply chain management business to service our global clients who source their packaging needs from Vietnam and other Association of Southeast Asian Nations (“ASEAN”) countries. We have also established offices in Hong Kong and Vietnam to service our customers outside the PRC.

We are a third-generation family-owned business and our history can be traced back to 1978 when Mr. Yee Cheong Lai, our founder, who engaged in the sale of Corrugated Paper in Hong Kong and developed a vision to becoming a one-stop integrated services provider for paper related products. Since our inception, through the continued efforts of our founder, the second generation and third generation of the family, we have diversified our business segments beyond the sale of Corrugated Paper to production and sale of packaging products and corrugated products with deliveries to, among others, PRC, Hong Kong, Vietnam, Myanmar, Australia, Indonesia, Cambodia, Taiwan, Thailand, United States, India and Germany. Throughout our years of dealings, we have developed and accumulated extensive industry experience and capabilities in relation to design and production of packaging products and corrugated products, packaging costing management, and print quality consistency control. We plan on further expanding our business in packaging products supply chain management solution to assist our global customers who source their supplies from regions in Southeast Asia.

We offer paper-based inner and outer packaging products which can be broadly categorized into packaging products and corrugated products.

Note: Revenue and net income figures are for the year ended June 30, 2022.

(Note: Millennium Group International Holdings Limited filed its F-1 on Oct. 28, 2022, and disclosed terms for its IPO: 5.0 million shares at $4.00 to $5.00 each to raise $22.5 million. The company submitted confidential IPO paperwork to the SEC on Jan. 31, 2022.)

Industry: Commercial Printing
Employees: 861
Founded: 1978
Contact Information
Address Rm 2722, 27/F, No.1 Hung To Road, Kwun Tong, Kowloon, Hong Kong 999077
Phone Number +852 36195768
Web Address
View Prospectus: Millennium Group International Holdings Limited
Financial Information
Market Cap $90.0mil
Revenues $66.23 mil (last 12 months)
Net Income $4.08 mil (last 12 months)
IPO Profile
Symbol MGIH
Exchange NASDAQ
Shares (millions): 5.0
Price range $4.00 - $5.00
Est. $ Volume $22.5 mil
Manager / Joint Managers Network 1 Financial Securites
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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