Megan Holdings Limited Ordinary Shares (MGN)

MY — Industrials Sector
Peers: MSW  WXM  TRSG  BTOC  GLBS  BURU  SGRP  RVSN  LIQT  PRZO 

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News

D. Boral Capital Acted as Exclusive Placement Agent to Megan Holdings Limited (Nasdaq: MGN) in Connection with its $8,300,000 Follow-On Offering
MGN
Published: March 04, 2026 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NEW YORK / ACCESS Newswire / March 4, 2026 / On February 27, 2026, Megan Holdings Limited (Nasdaq:MGN) (the "Company" or "Megan"), a Malaysia-based company principally engaged in the development, construction, and maintenance of aquaculture farms and related works, announced the closing of its Follow-On Offering (the "Offering") of 20,750,000 Class A ordinary shares, par value $0.0001 per share, at a public offering price of $0.40 per share. Gross proceeds to the Company, before deducting placement agent fees and other expenses, were $8,300,000.

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image for news D. Boral Capital Acted as Exclusive Placement Agent to Megan Holdings Limited (Nasdaq: MGN) in Connection with its $8,300,000 Follow-On Offering

About Megan Holdings Limited Ordinary Shares (MGN)

  • IPO Date 2025-09-26
  • Website https://www.meganmezanin.com
  • Industry Engineering & Construction
  • CEO Wei Sern Hoo
  • Employees None

Megan Holdings Limited engages in the development, construction, and maintenance of aquaculture and agriculture farms and related works in Malaysia. It is also involved in the supply of industrial machinery; rental of machinery for agriculture and aquaculture; and upgrading and maintenance of aquaculture and agriculture farms. The company was founded in 2020 and is based in Kuala Lumpur, Malaysia. Megan Holdings Limited is a subsidiary of Star Sprite Limited.