Megan Holdings sets 1-for-30 share consolidation

Megan Holdings Ltd. is implementing a 1-for-30 share consolidation effective September 17, 2026, replacing a previously announced 1-for-40 ratio and earlier date.

Rhea-AI Filing Summary

Megan Holdings Ltd. (MGN) reports that its board has approved a 1-for-30 consolidation of its issued and unissued Class A and Class B Ordinary Shares (the “Share Consolidation”). The consolidation will become marketplace effective on The Nasdaq Capital Market on September 17, 2026.

This update supersedes an earlier plan for a 1-for-40 consolidation effective September 8, 2026, which is no longer applicable. Class A Ordinary Shares will begin trading on a post-consolidation basis under the existing symbol “MGN,” and any fractional shares will be rounded up to the nearest whole share at the participant level.

Key Figures

Share Consolidation Ratio: 1-for-30 Marketplace Effective Date: September 17, 2026 Prior Announced Ratio: 1-for-40

3 metrics

Share Consolidation Ratio 1-for-30 Board-approved consolidation ratio for Class A and Class B Ordinary Shares

Marketplace Effective Date September 17, 2026 Date when the Share Consolidation becomes effective on The Nasdaq Capital Market

Prior Announced Ratio 1-for-40 Superseded consolidation ratio and earlier plan no longer applicable

Key Terms

Share Consolidation, Marketplace Effective Date, Class A Ordinary Shares, Class B Ordinary Shares

4 terms

Share Consolidation financial

"the Board approved a consolidation ratio of 1-for-30 (the “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 market

"will become marketplace effective on The Nasdaq Capital Market on September 17, 2026 (the “Marketplace Effective Date”)"

Class A Ordinary Shares financial

"The Company’s Class A Ordinary Shares are expected to commence trading on a post-Share Consolidation basis"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

Class B Ordinary Shares financial

"consolidation of the Company’s issued and unissued Class A Ordinary Shares and Class B Ordinary Shares"

Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.

FAQ

What share consolidation ratio did MGN approve and when will it take effect?

Megan Holdings Ltd. approved a 1-for-30 Share Consolidation for its Class A and Class B Ordinary Shares. It is expected to become marketplace effective on September 17, 2026 on The Nasdaq Capital Market, when post-consolidation trading in Class A shares will begin.

How does the new share consolidation update previously announced plans for MGN?

The company states that the new 1-for-30 Share Consolidation and September 17, 2026 effective date supersede its prior announcement of a 1-for-40 consolidation effective September 8, 2026. The earlier ratio and date are no longer applicable.

Will MGN’s trading symbol change after the Share Consolidation?

No. Megan Holdings Ltd. states that its Class A Ordinary Shares are expected to commence trading on a post-Share Consolidation basis under its existing trading symbol “MGN” on the September 17, 2026 Marketplace Effective Date.

How will Megan Holdings (MGN) handle fractional shares from the consolidation?

The company explains that any fractional shares resulting from the 1-for-30 Share Consolidation will be rounded up to the nearest whole share at the participant level, rather than leaving shareholders with fractional interests.

What approvals did MGN obtain for the Share Consolidation?

Megan Holdings Ltd. notes that its shareholders approved the consolidation of issued and unissued Class A and Class B Ordinary Shares at an aggregate ratio not exceeding 1-for-400 at the Annual General Meeting held on July 13, 2026, with the exact ratio later set by the board.

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Available on EDGAR 09/08/2026 - 06:03 AM Accepted by SEC EDGAR 09/08/2026 - 06:03 AM 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 September 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 ☐

EXPLANATORY NOTE

As previously disclosed by Megan Holdings Limited (the “Company”), at the Annual General Meeting of Shareholders held on July 13, 2026, the Company’s shareholders approved the consolidation of the Company’s issued and unissued Class A Ordinary Shares and Class B Ordinary Shares at an aggregate ratio not exceeding 1-for-400, with the exact ratio and effective date to be determined by the board of directors of the Company (the “Board”). On July 17, 2026, the Board approved a consolidation ratio of 1-for-30 (the “Share Consolidation”).

The Company hereby announces that the Share Consolidation will become marketplace effective on The Nasdaq Capital Market on September 17, 2026 (the “Marketplace Effective Date”). This supersedes the Company’s prior announcement that a 1-for-40 share consolidation would become marketplace effective on September 8, 2026. Accordingly, the previously announced 1-for-40 ratio and September 8, 2026 marketplace effective date are no longer applicable.

The Company’s Class A Ordinary Shares are expected to commence trading on a post-Share Consolidation basis at market open on the Marketplace Effective Date under the Company’s existing trading symbol “MGN.” Any fractional shares resulting from the Share Consolidation will be rounded up to the nearest whole share at the participant level.

For additional information regarding the Share Consolidation and the shareholder approval thereof, please refer to the Company’s Form 6-K filed on July 15, 2026.

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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: September 8, 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

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