Megan Holdings Announces 1-For-30 Share Consolidation Effective September 17, Superseding Prior 1-For-40 Plan
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
Megan Holdings is combining 30 old shares into 1 new share starting September 17—a change from their earlier plan to do 40-for-1. When companies do this, watch whether the stock price adjusts fairly and whether it signals the company is reorganizing or trying to look healthier.
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