Megan (MGN)
Managing Malaysian aquaculture projects and sourcing industrial supplies.
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Provides Malaysian aquaculture-farm upgrading, maintenance and development services, alongside industrial supplies and machinery sourcing. It earns markups by managing subcontracted projects and delivered orders, with operations, assets and revenue concentrated in Malaysia.
Designs, upgrades and maintains shrimp and other farms in Malaysia, while sourcing industrial materials, rental machinery and equipment for customers. Farm work spans pond and aeration infrastructure, electrical systems, water intake and distribution, and water-quality testing; industrial orders include pipes, fittings, building materials and machinery. A Smart Farming System in pilot combines sensors, cameras, controls and connectivity for farm monitoring and automation, although commercial deployment is unconfirmed.
Operates chiefly as a project manager and integrator, diagnosing needs, selecting subcontractors, supervising projects and billing verified progress claims or delivered supplies with markups. Revenue, assets and operating projects are concentrated in Malaysia, with ongoing aquaculture work described in Sabah. Physical construction depends on subcontractors, while customer access depends materially on the CEO's industry relationships and Malaysian development, environmental and operating approvals.
Company facts
No analyst consensus on record.
Not reported.
Balance sheet, Dec 31, 2025Cash & short-term investments $7.2M · Total debt $108.9K · Total assets $23.2M · Shareholders' equity $11.9M
- Revenue
- $4.1M
- Operating income
- −$129.0K
- Net income
- −$54.5K
Reported in MYR, converted at the latest exchange rate
No dividends on record.
| Institutions | 0.28% | 1.4K shares | |
|---|---|---|---|
| 8 holders · as of Jun 30, 2026 | |||
| Insiders | 1.77% | 9.0K shares | |
| 1 holder · as of Mar 17, 2026 | |||
| Other | 97.95% | 500.2K shares | |
| remainder | |||
510.6K company shares as of Sep 17, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
The share count is from the company's Mar 2016 annual report; nothing newer is on file here.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Wei Sern HooInsiderdirector, 10 percent owner, officer: CEO | 1.77% | 4,871 · 4,167 | filed Mar 17, 2026 |
HRT Financial LPInstitution | 0.10% | 618,545 | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.07% | 400,000 | as of Jun 30, 2026 |
Jane Street Group, LLCInstitution | 0.06% | 350,948 | as of Jun 30, 2026 |
Marex Group PLCInstitution | 0.03% | 184,210 | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
