공시 • 5h
Wolf Haldenstein Adler Freeman & Herz LLP Files Class Action Lawsuit Against Megan Holdings Limited Wolf Haldenstein Adler Freeman & Herz LLP announced that it has filed a class action lawsuit in the United States District Court for the Southern District of New York, captioned Mundy v. Megan Holdings Limited et.al, Case 1:26-cv-05754, on behalf of persons and entities that purchased or otherwise acquired Megan Holdings Limited securities between September 29, 2025 and March 25, 2026, inclusive. Plaintiff pursues claims against Megan, its executives Darren Hoo AKA Hoo Wei Sern, Kai Tie Ng, WWC, P.C., and D. Boral Capital LLC, under the Securities Exchange Act of 1934. Further, this class action also assert claims on behalf of persons and entities that purchased or otherwise acquired Megan securities pursuant and/or traceable to the registration statement and related prospectus in connection with Megan’s September 29, 2025, initial public offering, pursuant to the Securities Act of 1933. Investors are hereby notified that they have until September 8, 2026, to move the Court to serve as lead plaintiff in this action. The Company is a holding company incorporated in the Cayman Islands. Megan’s principal executive offices are in Kuala Lumpur, Malaysia. The Class Period begins on September 29, 2025, when the Company filed its Initial Public Offering, issuing 1,250,000 shares at a price of $4.00 per share, raising $5 million. Although subsequent public filings and news were scarce regarding the Company, even as both the stock price and trading volume surged throughout the class period, a coordinated effort was made on social media and messaging applications, such as WhatsApp, to “pump” Megan, led by stock promoters posing as financial advisors. Based on information and belief, these stock promoters used aliases and false photographs to conceal their true identities and were key cogs in the stock manipulation scheme surrounding Megan. 공시 • Jun 22
Megan Holdings Limited, Annual General Meeting, Jul 13, 2026 Megan Holdings Limited, Annual General Meeting, Jul 13, 2026, at 10:00 Singapore Standard Time. Location: b-01-07, gateway corporate suites, gateway kiaramas, no. 1, jalan desa kiara, 50480 mont kiara, kuala lumpur Malaysia 공시 • May 01
Megan Holdings Limited announced delayed 20-F filing On 04/30/2026, Megan Holdings Limited announced that they will be unable to file their next 20-F by the deadline required by the SEC. 공시 • Feb 28
Megan Holdings Limited has completed a Follow-on Equity Offering in the amount of $8.3 million. Megan Holdings Limited has completed a Follow-on Equity Offering in the amount of $8.3 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,750,000
Price\Range: $0.4
Discount Per Security: $0.028
Transaction Features: Registered Direct Offering 공시 • Feb 27
Megan Holdings Limited has filed a Follow-on Equity Offering in the amount of $8.3 million. Megan Holdings Limited has filed a Follow-on Equity Offering in the amount of $8.3 million.
Security Name: Class A Common Stock
Security Type: Common Stock
Securities Offered: 20,750,000
Price\Range: $0.4
Discount Per Security: $0.028 New Risk • Feb 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 21% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 18% per year over the past 5 years. High level of non-cash earnings (49% accrual ratio). Minor Risk Market cap is less than US$100m (US$20.0m market cap). Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment deteriorates as stock falls 40% After last week's 40% share price decline to US$1.23, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 34x in the Construction industry in the US. 공시 • Jan 22
Megan Holdings Limited has filed a Follow-on Equity Offering in the amount of $35.8975 million. Megan Holdings Limited has filed a Follow-on Equity Offering in the amount of $35.8975 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Transaction Features: Registered Direct Offering Reported Earnings • Jan 16
First half 2025 earnings released: EPS: RM0.13 (vs RM0.18 in 1H 2024) First half 2025 results: EPS: RM0.13 (down from RM0.18 in 1H 2024). Revenue: RM13.9m (down 53% from 1H 2024). Net income: RM1.88m (down 31% from 1H 2024). Profit margin: 14% (up from 9.3% in 1H 2024). The increase in margin was driven by lower expenses. 공시 • Jan 16
Megan Holdings Limited, Annual General Meeting, Jan 27, 2026 Megan Holdings Limited, Annual General Meeting, Jan 27, 2026, at 11:00 Singapore Standard Time. Location: b-01-07, gateway corporate suites,jalan, desa kiara, 50480 mont kiara, kuala lumpur, Malaysia Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$1.94, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 33x in the Construction industry in the US. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$1.75, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 32x in the Construction industry in the US. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$1.73, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 31x in the Construction industry in the US. 공시 • Nov 22
Megan Holdings Limited Announces Board and Committee Changes On October 29, 2025, Mr. Long Jia Kwang notified Megan Holdings Limited of his resignation as an independent director, chairman of the audit committee and member of the nominating and compensation committees, effective October 31, 2025. His resignation was due to personal commitments and was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. On November 21, 2025, the board of directors of the Company approved the appointment of Mr. Phua Zhi Yong (Jason) as an independent director, chairman of the audit committee, and member of the nominating and compensation committees, effective November 21, 2025. Mr. Phua, age 38, is a Chartered Accountant (Singapore) and a seasoned finance and accounting professional with over a decade of experience in financial management, compliance, corporate governance and public company reporting. Since 2019, he has served as the Chief Financial Officer of YY Group Holding Limited, where he has been responsible for financial operations, regulatory compliance, cash flow management, corporate governance oversight, and strategic initiatives, including mergers and acquisitions and investor relations activities. In that role, he led the company through its successful U.S. Nasdaq listing on April 22, 2024 and continues to oversee ongoing U.S. reporting and compliance obligations. Prior to joining YY Group, Mr. Phua served as Finance Manager at NCS Pte Ltd. from 2017 to 2019, where he oversaw project financial governance and revenue recognition compliance, and previously held accounting roles at Rig Resources AP Pte Ltd. and United Engineers Limited, where his responsibilities included ERP implementation, financial reporting, internal controls, audit coordination and overseas project support. Mr. Phua holds a Bachelor of Science in Banking and Finance from the University of London (Singapore Institute of Management) and is a member of Chartered Accountants Singapore (CA Singapore). Valuation Update With 7 Day Price Move • Oct 28
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to US$1.86, the stock trades at a trailing P/E ratio of 26.5x. Average trailing P/E is 35x in the Construction industry in the US. 공시 • Sep 26
Megan Holdings Limited has completed an IPO in the amount of $5 million. Megan Holdings Limited has completed an IPO in the amount of $5 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 1,250,000
Price\Range: $4
Discount Per Security: $0.28 Board Change • Sep 23
High number of new directors Independent Director Jia Kwang Long was the last director to join the board, commencing their role in 2025. 
