Megan Holdings Ltd.
corporate_fare Company Profile
Megan Holdings Ltd. (NASDAQ:MGN) is a publicly traded company in the Industrial Applications And Services sector. Wiseek has independently scored 15 items for MGN at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-09-26, rated 8/10. Across its 15 most recent items scored 7 or higher, the top rating is 9/10, with 14 rated 8 or above. Recent SEC coverage for MGN spans 6-K, 20-F, F-1/A, 6-K/A.
Recent high-impact activity:
- Megan Holdings Swings to MYR5.8M Loss; Going Concern Mitigated Only by Liquid Securities
- Securities Class Action Alleges $5M IPO Was Pump-and-Dump Scheme
- Megan Holdings Sets 1-for-40 Reverse Split and Capital Reorganization to Avoid Nasdaq Delisting
- Megan Holdings Shareholders Approve 1-for-400 Reverse Stock Split to Avert Nasdaq Delisting
- Shareholders to Vote on Up to 1-for-400 Reverse Stock Split to Avoid Nasdaq Delisting
Financial Snapshot
Short Interest & Short Volume
1.00 days to coverFINRA reported short interest of 778,085 shares in MGN as of the September 15, 2026 settlement, a 16.2% increase from the prior period — about 1.0 days to cover at its recent average daily volume. On October 1, 2026, 32.7% of MGN volume reported to FINRA trade-reporting facilities was marked short.
Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.
Insider Transactions
MGN files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.