Megan Holdings Limited, established in 2020 and headquartered in Kuala Lumpur, Malaysia, focuses on the creation, construction, and ongoing upkeep of aquaculture and agriculture facilities throughout the country. Their operations further encompass the provision of industrial equipment, leasing services for agricultural and aquacultural machinery, and comprehensive enhancement and maintenance of farm infrastructure. The company operates as a subsidiary of Star Sprite Limited.
Lost Money on Megan Holdings Limited (MGN)? A Class Action Suit is Seeking Recovery - Contact SueWallSt
SueWallSt, powered by Levi & Korsinsky LLP, announced a class action lawsuit against Megan Holdings Limited alleging inadequate risk disclosures regarding internal control weaknesses and a pump-and-dump scheme.
The complaint names the company, CEO Darren Hoo, CFO Ng Kai Tie, auditor WWC, P.C., and underwriter D. Boral Capital LLC as defendants in the Southern District of New York.
Investors who purchased MGN securities between September 26, 2025, and March 25, 2026, must seek lead plaintiff status by September 8, 2026.