AGM/EGMJun 18, 2026, 08:32 AM
Megan Holdings Announces AGM for July 13; Proposes Share Consolidation
AI Summary
Megan Holdings Limited has announced its Annual General Meeting (AGM) scheduled for July 13, 2026. Key proposals include a potential share consolidation of up to 1-for-400, an amendment to shorten general meeting notice periods from ten to five clear days and deemed postal service from five to two days, and an adjournment proposal. The Board of Directors unanimously recommends shareholders vote in favor of all proposals.
Key Highlights
- Megan Holdings Limited will hold its Annual General Meeting on July 13, 2026.
- Shareholders will vote on a proposal to consolidate shares, potentially up to a 1-for-400 ratio.
- The meeting will also vote on amending the company's articles of association to shorten notice periods for general meetings.
- A proposal to adjourn the meeting if necessary to solicit more votes will also be presented.
- The Board of Directors recommends voting FOR all three proposals.
Price Impact
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