MGN SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Reminds Megan Holdings Limited Investors of Securities Class Action Lawsuit Deadline on September 8, 2026

Sentiment Analysis
Faruqi & Faruqi, LLP is investigating potential claims against Megan Holdings Limited ("Megan" or the "Company") (NASDAQ: MGN) and reminds investors of the September 8, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. The complaint alleges that the Company and its executives violated federal securities laws by making false and/or misleading statements and/or failing to disclose that: (1) Megan was the subject of a market manipulation and fraudulent promotion scheme involving social-media based misinformation and impersonators posing as financial professionals; (2) Megan's public statements and risk disclosures omitted any mention of the realized risk of fraudulent trading or market manipulation used to drive the Company's stock price; (3) as a result, Megan securities were at unique risk of a sustained suspension in trading by NASDAQ and severe volatility-induced decline; (4) the sole underwriter on the IPO, DBC (defined below), had conducted numerous microcap IPOs that suffered volatility-induced declines resulting from market manipulation schemes; (5) the Company suffered from material weaknesses in its internal accounting and financial reporting controls; and (6) as a result of the foregoing, Defendants' positive statements about the Company's business, operations and prospects were materially misleading and/or lacked a reasonable basis. On March 26, 2026, a coordinated "dump" of Megan shares occurred afterhours, which led to the stock opening at just $0.423 per share on volume of approximately 6.8 million shares, a decline of 90% from the prior day's closing price, with NASDAQ halting trading multiple times throughout the day. On this news, Megan Holdings Limited's stock price fell $3.96, or 93.4%, to close at $0.28 per share on March 26, 2026, on trading volume of 39,239,600.
Source: Newsfile Corp
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