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Week of Expected Pricing Pending
Company Name MEGAN HOLDINGS LTD
Proposed Ticker MGN
CUSIP G5980E105
Business Description We are a company principally engaged in the development, construction and maintenance of aquaculture farms and related works. Our operations are based in Malaysia. Since our inception in 2020, we have strived to establish ourselves as a trusted and experienced provider of shrimp farm related maintenance services in Malaysia. As of the date of this prospectus, we have been carrying out a series of upgrading and maintenance works for aquaculture farms, all of which are located in Tawau, Sabah, Malaysia. This constitutes 71.8%, 43.7% and 15.5% of our revenue for the financial years ended December 31, 2021, 2022 and 2023, respectively. Besides that, we also carried out upgrading works for a pineapple plantation farm located at Kota Tinggi, Johor, Malaysia in 2022 and 2023.
Lead Underwriter EF Hutton LLC
Co-Managers N/A
Initial Shares 1,250,000
Revised Initial Shares N/A
Initial Price $4.00-$6.00
Revised Price N/A
Final Price N/A
Final Ticker N/A

 

 

   
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