Dividends & Buybacks ·
Megan Holdings Limited filed a 6-K announcing an extraordinary general meeting scheduled for August 21, 2026
MGNMegan Holdings Ltd.
Megan Holdings Limited filed a 6-K announcing an extraordinary general meeting scheduled for August 21, 2026. Shareholders are voting on three proposals: a share consolidation of every 40 ordinary shares into one (a reverse split), a capital reorganization reducing par value to $0.0001 and increasing authorized shares to 500 million, and the adoption of amended bylaws. The consolidation aims to help the company regain compliance with Nasdaq's minimum bid price requirement. The controlling shareholder, Star Sprite Limited, holds approximately 90.73% of voting power and intends to vote in favor of all proposals. Megan Holdings Limited operates as a holding company.