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- $141,875.00Market Cap
- -89.96%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
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 07/13/2026
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%)