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- $92,000.00Market Cap
- -93.49%1-Year Change
- Engineering & ConstructionIndustry
Megan Hldg-A (MGN)
Key Performance
More- Earnings Score: N/A
- Momentum Score: N/A
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
A class action lawsuit has been filed against Megan Holdings Limited (NASDAQ: MGN) in the U.S. District Court for the Southern District of New York. The complaint alleges that the company issued materially false statements and failed to disclose a market manipulation and fraudulent promotion scheme involving social media misinformation. The lawsuit covers investors who purchased Megan securities between September 26, 2025 and March 25, 2026. The deadline to apply as lead plaintiff is September 8, 2026.
07/22/2026, 7:59 PM • GlobeNewswire
Robbins LLP is investigating Megan Holdings Limited (NASDAQ: MGN) for allegedly being the subject of a pump and dump scheme involving market manipulation and fraudulent promotion. The company failed to disclose risks of fraudulent trading and market manipulation. MGN's stock collapsed 93.4% on March 26, 2026, from $4.24 to $0.28 per share, and has not recovered. Shareholders can join the class action with a lead plaintiff deadline of September 4, 2026.
07/20/2026, 10:00 AM • GlobeNewswire
A class action lawsuit has been filed against Megan Holdings Limited (NASDAQ: MGN) alleging that the company and its executives violated federal securities laws by making false statements and failing to disclose a market manipulation scheme involving social media misinformation. The complaint also alleges material weaknesses in internal controls and that the IPO underwriter DBC had a history of conducting microcap IPOs affected by similar schemes. Investors who purchased securities during the IPO or between September 26, 2025, and March 25, 2026, are encouraged to join the case.
07/16/2026, 12:00 PM • GlobeNewswire
Pomerantz Law Firm has filed a class action lawsuit against Megan Holdings Limited (NASDAQ: MGN) alleging securities fraud and stock manipulation. The complaint claims coordinated social media campaigns by fake financial advisors artificially inflated the stock price during the Class Period (September 26, 2025 - March 25, 2026). On March 26, 2026, Megan's stock collapsed 93.4% from $4.24 to $0.28 per share, triggering multiple NASDAQ trading halts. Investors who purchased shares during the IPO or Class Period can join the lawsuit by September 8, 2026.
07/14/2026, 5:59 PM • GlobeNewswire
Pomerantz Law Firm has filed class action lawsuits against Babcock & Wilcox Enterprises, Inc. (BW) for investors who acquired securities between November 5, 2025, and March 11, 2026, and is investigating claims on behalf of Hyliion Holdings Corp. (HYLN) and Megan Holdings Limited (MGN) investors who suffered losses.
07/14/2026, 5:50 PM • GlobeNewswire
Megan Holdings Limited (MGN) stock collapsed 93.4% on March 26, 2026, from $5.18 to $0.28 per share, allegedly due to a fraudulent pump-and-dump scheme involving fake financial advisors promoting the stock on social media. A securities class action lawsuit has been filed against the company, its CEO Darren Hoo, CFO Ng Kai Tie, underwriter D. Boral Capital LLC, and auditor WWC, P.C. for failing to disclose the market manipulation and material weaknesses in internal controls. The class period runs from September 26, 2025 to March 25, 2026.
07/14/2026, 9:59 AM • GlobeNewswire
Robbins LLP reminds investors of the lead plaintiff deadline (September 4, 2026) in a securities class action against Megan Holdings Limited (MGN). The lawsuit alleges the company was subject to a pump-and-dump scheme involving market manipulation and fraudulent promotion, with material weaknesses in internal controls. The stock collapsed 93.4% on March 26, 2026, from $4.24 to $0.28 per share and has not recovered.
07/10/2026, 2:49 PM • GlobeNewswire
Bernstein Liebhard LLP has announced multiple securities class action lawsuits against Megan Holdings Limited (MGN), Photronics, Inc. (PLAB), and GRAIL, Inc. (GRAL). The lawsuits allege that defendants made materially false and misleading statements regarding their businesses and operations, causing securities to trade at artificially inflated prices. Investors who suffered losses during the respective class periods are encouraged to contact the firm.
07/08/2026, 3:53 PM • GlobeNewswire
Wolf Haldenstein Adler Freeman & Herz LLP has filed a class action lawsuit against Megan Holdings Limited (NASDAQ: MGN) on behalf of investors who purchased securities during the company's IPO and subsequent trading period from September 29, 2025 to March 25, 2026. The lawsuit alleges stock manipulation through coordinated social media promotion by fraudulent stock promoters. Megan's stock collapsed 93.4% on March 26, 2026, from $4.24 to $0.28 per share, triggering multiple NASDAQ trading halts.
07/07/2026, 6:37 PM • GlobeNewswire
Megan Holdings Limited (Nasdaq: MGN) received a Nasdaq notification on May 12, 2026, indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company's Class A Ordinary Shares failed to maintain the minimum bid price for 30 consecutive business days. Megan has been granted a 180-day compliance period until November 9, 2026, to regain compliance. The company is actively monitoring its share price and considering available options, including a potential reverse stock split.
05/13/2026, 5:00 PM • GlobeNewswire
Peers
Statistics
MoreInformation as of 08/03/2026
Company Profile
Megan Holdings Limited engages in the development, construction, maintenance, and upgrade of aquaculture and agriculture farms, and related works in Malaysia. The company operates through Aquaculture and Agriculture, Industrial Solutions, and Investment in Marketable Securities segments. It also supplies and installs smart industrial technologies and solutions; and rents out machinery for aquaculture and agriculture. In addition, the company is involved in investment activities, which include holding and trading in marketable financial instruments. The company was founded in 2020 and is headquartered in Kuala Lumpur, Malaysia. Megan Holdings Limited is a subsidiary of Star Sprite Limited.
Key Executives
- Wei Sern Hoo
- Kai Tie Ng
Current Ownership Distribution
- Other9.7M (63.03%)
- Insiders5.1M (33.13%)
- Institutions588,250 (3.84%)
- Mutual Funds0 (0.00%)