Welcome to our dedicated page for MEGAN HLDGS news (Ticker: MGN), a resource for investors and traders seeking the latest updates and insights on MEGAN HLDGS stock.
Megan Holdings Limited (MGN) is a Malaysia-based company focused on the development, construction, and maintenance of aquaculture farms and related works, with a particular emphasis on shrimp farm–related services in Malaysia. The Megan Holdings Limited news page on Stock Titan aggregates coverage and official announcements related to the company’s aquaculture activities, corporate developments, and U.S. capital markets presence.
Investors and observers can use this page to follow company communications about its aquaculture and agriculture segment, industrial solutions, and investment in marketable securities, as described in prior company information. News items may include updates on shrimp farm maintenance and development projects, such as work on a shrimp hatchery center in Semporna, Sabah, and a 111-acre shrimp farm in Tawau, Sabah, Malaysia, where those developments are discussed in public disclosures.
Because Megan Holdings Limited is listed on the Nasdaq Capital Market under the ticker symbol MGN and files reports with the U.S. Securities and Exchange Commission, its news flow can also feature information related to securities offerings, changes in auditors, and board-level changes reported on Form 6-K. For example, announcements around its initial public offering, use of proceeds for sales and marketing, expansion through merger and acquisition activities, and development of its “Smart Farming System” are all relevant to understanding the company’s direction.
This news page is intended as a central location to review press releases, regulatory announcements, and other public news about Megan Holdings Limited. Readers who follow developments in aquaculture services, shrimp farming projects in Malaysia, and foreign private issuers listed on Nasdaq may find this page useful for monitoring Megan’s disclosed activities over time.
Megan Holdings Limited (NASDAQ:MGN), a Malaysia-based aquaculture farm development and maintenance company, has successfully completed its Initial Public Offering (IPO) of 1,250,000 ordinary shares at $4.00 per share, raising gross proceeds of $5 million.
The company's shares began trading on the Nasdaq Capital Market on September 26, 2025. Underwriters have a 45-day option to purchase up to 187,500 additional shares for over-allotments. The proceeds will fund sales and marketing initiatives, M&A opportunities, development of their "Smart Farming System," and general working capital.
Megan Holdings Limited (NASDAQ:MGN), a Malaysia-based aquaculture farm development company, has announced the pricing of its initial public offering of 1,250,000 ordinary shares at $4.00 per share. The company expects to raise $5 million in gross proceeds before deducting expenses.
The shares will begin trading on September 26, 2025 on the Nasdaq Capital Market under the symbol "MGN". Underwriters have a 45-day option to purchase up to 187,500 additional shares for over-allotments. The IPO proceeds will fund sales and marketing, M&A opportunities, development of their Smart Farming System, and general working capital.
D. Boral Capital LLC is serving as the sole book-running manager for this firm commitment offering, which is expected to close around September 29, 2025.
FAQ
What is the current stock price of MEGAN HLDGS (MGN)?
What is the market cap of MEGAN HLDGS (MGN)?
