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The latest announcement is out from Megan Holdings Limited ( (MGN) ).
On January 14, 2026, Megan Holdings Limited filed a Form 6-K announcing that it has circulated the notice and proxy materials for its annual general meeting of shareholders scheduled for January 27, 2026 in Kuala Lumpur. At the meeting, shareholders will be asked to approve the appointment of SFAI MALAYSIA PLT as the independent registered public accounting firm for the fiscal year ending December 31, 2025, adopt a dual-class share structure granting one vote per Class A ordinary share and 50 votes per Class B ordinary share, amend the company’s authorized share capital to allocate 450 million Class A and 50 million Class B ordinary shares, redesignate existing issued and authorized shares into the new classes (including a portion of shares held by major shareholder Star Sprite Limited as high-vote Class B shares), and adopt a second amended and restated memorandum and articles of association to enshrine these changes. The package of proposals, which the board unanimously recommends shareholders support, would significantly concentrate voting power among Class B holders and formalize a dual-class governance regime, with potential long-term implications for shareholder influence and control dynamics if approved.
More about Megan Holdings Limited
Megan Holdings Limited is a Cayman Islands–incorporated company with principal executive offices in Kuala Lumpur, Malaysia. It is listed in the United States as a foreign private issuer but the provided materials do not specify its industry, core products, or target markets.
Average Trading Volume: 249,719
Current Market Cap: $33.64M
Learn more about MGN stock on TipRanks’ Stock Analysis page.