Megan Holdings Ltd.

Megan Holdings Limited filed an Amendment No. 2 to its February 2026 Form 6-K to correct inaccuracies in its previous report. The amendment clarifies that Proposal Two, approved by shareholders at the Annual General Meeting on January 27, 2026, was for the adoption of a dual-class share capital structure, not the appointment of an auditor. The filing also corrected the meeting type from Extraordinary to Annual General Meeting, confirming all six proposals were approved.

Megan Holdings Limited announced the results of its Annual General Meeting held on July 13, 2026. Shareholders approved all three proposals, including a share consolidation (reverse stock split) at a ratio not exceeding one-for-four hundred, to be implemented at the Board's discretion within two years. Additionally, amendments to the company's memorandum and articles of association were approved, reducing the minimum notice period for general meetings from ten to five clear days and shortening the deemed service period for notices sent by post.

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.

Megan Holdings Limited announced it received a notification from Nasdaq on May 12, 2026, indicating non-compliance with the minimum bid price requirement. The company's Class A Ordinary Shares traded below $1.00 for 30 consecutive business days. Megan Holdings has been granted a 180-calendar-day period, until November 9, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. The company is actively monitoring its share price and considering all options to maintain its Nasdaq listing.

Megan Holdings Ltd. addressed recent share price volatility, confirming that key insiders remain subject to 180-day lock-up agreements following its February 27, 2026, follow-on offering. The company clarified that recent updates to its public float on trading platforms reflect previously disclosed information and do not indicate new share issuances or an unlocking of shares. Megan Holdings emphasized that there has been no material increase in freely tradable shares or any fundamental change in its business, operations, or financial condition.