Megan Holdings clarifies 1-for-40 consolidation timing

Megan Holdings Ltd. (MGN) reports that its previously disclosed 1-for-40 share consolidation of ordinary shares is still subject to timing coordination for when it will take effect in trading on The Nasdaq Capital Market.

Rhea-AI Filing Summary

Megan Holdings Ltd. (MGN) reports that its previously disclosed 1-for-40 share consolidation of ordinary shares is still subject to timing coordination for when it will take effect in trading on The Nasdaq Capital Market. The share consolidation and related proposals are scheduled to be considered at an Extraordinary General Meeting of Shareholders on August 21, 2026 at 10:00 a.m. Kuala Lumpur Time.

The company clarifies that the marketplace effective date will be on a date after August 21, 2026, to be determined in coordination with The Nasdaq Stock Market LLC, The Depository Trust Company and the company’s transfer agent. This clarification does not affect the holding of the meeting or the resolutions to be voted on by shareholders.

Filing Explained

Megan clarifies that the 1-for-40 share consolidation still has no finalized Nasdaq trading date: it will take effect after the August 21, 2026 shareholder meeting, and the company will announce the coordinated date in a subsequent Form 6-K.

Key Figures

Share Consolidation Ratio: 1-for-40 share consolidation Meeting Date and Time: August 21, 2026 at 10:00 a.m. Kuala Lumpur Time Corresponding Eastern Time: August 20, 2026 at 10:00 p.m. Eastern Time

3 metrics

Share Consolidation Ratio 1-for-40 share consolidation Proposed consolidation of the company’s ordinary shares

Meeting Date and Time August 21, 2026 at 10:00 a.m. Kuala Lumpur Time Extraordinary General Meeting of Shareholders to consider the share consolidation

Corresponding Eastern Time August 20, 2026 at 10:00 p.m. Eastern Time Time conversion for the Extraordinary General Meeting of Shareholders

Key Terms

Extraordinary General Meeting of Shareholders, share consolidation, marketplace effective date, The Nasdaq Capital Market

4 terms

Extraordinary General Meeting of Shareholders regulatory

"The Company has convened an Extraordinary General Meeting of Shareholders"

A meeting called by a company outside its regular annual meeting to address urgent or special matters that cannot wait until the next scheduled meeting. Investors attend or vote to decide on actions such as major deals, leadership changes, capital-raising, or rule changes; think of it as an emergency board meeting where shareholders have a direct say and the outcomes can quickly change a company’s strategy, ownership stakes, or financial prospects.

share consolidation financial

"to consider and, if thought fit, approve a 1-for-40 share consolidation"

Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.

marketplace effective date financial

"the marketplace effective date of the Share Consolidation on The Nasdaq Capital Market"

The Nasdaq Capital Market market

"marketplace effective date of the Share Consolidation on The Nasdaq Capital Market"

A tier of the Nasdaq stock exchange that hosts smaller or early-stage public companies that meet defined listing standards for size, share price and governance. Think of it as a particular shelf in a store for emerging brands: it gives investors a centralized place to find and trade these stocks while signaling that the companies meet basic regulatory and financial rules. Investors watch it for growth opportunities and higher volatility compared with larger markets.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Megan Holdings Ltd. (MGN) announce in this Form 6-K?

Megan Holdings Ltd. clarified that its planned 1-for-40 share consolidation will have a marketplace effective date on The Nasdaq Capital Market that is after August 21, 2026, to be determined with Nasdaq, The Depository Trust Company and the transfer agent.

When will MGN shareholders vote on the 1-for-40 share consolidation?

Shareholders are scheduled to vote at an Extraordinary General Meeting on August 21, 2026 at 10:00 a.m. Kuala Lumpur Time (August 20, 2026 at 10:00 p.m. Eastern Time). The clarification does not affect the convening of this meeting or the resolutions to be considered.

Has the effective trading date for MGN’s share consolidation been finalized?

No. Megan Holdings Ltd. states that the marketplace effective date for the 1-for-40 share consolidation on The Nasdaq Capital Market has not been finalized and will occur on a later date, to be determined with relevant market infrastructure parties.

How will investors know the final effective date of MGN’s share consolidation?

Megan Holdings Ltd. plans to announce the marketplace effective date of the 1-for-40 share consolidation in a subsequent Form 6-K once the date has been determined with The Nasdaq Stock Market LLC, The Depository Trust Company and the transfer agent.

Does this clarification change the share consolidation proposal for MGN?

No. The company states that this clarification does not affect the convening of the Extraordinary General Meeting or the resolutions to be considered and voted on, including the 1-for-40 share consolidation and related proposals.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 08/20/2026 - 04:30 PM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of August 2026

Commission File Number: 001-42869

Megan Holdings Limited

B-01-07, Gateway Corporate Suites

Gateway Kiaramas

No. 1, Jalan Desa Kiara

50480 Mont Kiara

Kuala Lumpur, Malaysia

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒            Form 40-F ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

As previously disclosed by Megan Holdings Limited (the “Company”) in its Reports of Foreign Private Issuer on Form 6-K furnished to the U.S. Securities and Exchange Commission on August 11, 2026 and as amended on August 13, 2026 (collectively, the “Proxy Statement”), the Company has convened an Extraordinary General Meeting of Shareholders (the “Meeting”) to be held on August 21, 2026 at 10:00 a.m. Kuala Lumpur Time (August 20, 2026 at 10:00 p.m. Eastern Time) to consider and, if thought fit, approve a 1-for-40 share consolidation of the Company’s ordinary shares (the “Share Consolidation”) and related proposals.

The Proxy Statement referred to August 21, 2026 as the anticipated effective date of the Share Consolidation. The Company hereby clarifies that the marketplace effective date of the Share Consolidation on The Nasdaq Capital Market has not been finalized and will be a date subsequent to August 21, 2026, to be determined by the Company in coordination with The Nasdaq Stock Market LLC, The Depository Trust Company and the Company’s transfer agent. The Company will announce the marketplace effective date, once determined, by way of a subsequent Report of Foreign Private Issuer on Form 6-K.

For the avoidance of doubt, this clarification does not affect the convening of the Meeting or the resolutions to be considered and voted upon by the Company’s shareholders at the Meeting.

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: August 20, 2026

Megan Holdings Limited

By:	/s/ Hoo Wei Sern (Darren Hoo)
Name:	Hoo Wei Sern (Darren Hoo)
Title:	Executive Director, Chairman and Chief Executive Officer

2