MGN$3.53-5.87%
Megan Holdings Ltd.
Sector: Agricultural Prod-Livestock & Animal SpecialtiesIndustry: Engineering & ConstructionCountry: MYExchange: Nasdaq
Mkt Cap:$57.3M
Float & O/S:
Inst Own:
DilutionScan read 30 of Megan Holdings Ltd.'s SEC filings and found 3 S-1 registrations and 3 completed offerings on file for MGN. The latest dilution event on file is an offering on Oct 29, 2026. Analysis updated Oct 30, 2026.
Signal8 Summary
MGN
Nasdaq delisting risk and collapsing margins
Snapshot
Megan Holdings is a tiny $6.5M construction firm facing serious structural and financial headwinds. While revenue grew 39% to $20.5M in FY 2025, the business is barely profitable on a cash basis. Gross margins collapsed from 19.7% in FY 2024 to just 1.7% in FY 2025, meaning the company earns almost nothing on each dollar of sales.
What's Happening Right Now
- : The company filed its Articles of Association, confirming a dual-class share structure that gives controlling shareholder Darren Hoo over 90% of voting power.
- : Megan Holdings received a Nasdaq notice for trading below the $1.00 minimum bid price, triggering a 180-day compliance period to avoid delisting.
- : Rosen Law Firm announced an investigation into potential securities fraud claims regarding misleading business disclosures by the company.
