Megan Holdings Limited, a Malaysian aquaculture company, announced a follow-on public offering of up to 15 million shares at $0.50 each, aiming to raise up to $7.5 million. The funds will support the development of new products, including a Smart Farming System, business ventures, acquisitions, and general working capital. The offering is expected to close around October 29, 2026, with Prime Number Capital as the exclusive placement agent. This move helps Megan expand its aquaculture services and product offerings in Malaysia.
Megan Holdings Limited announced a follow-on public offering aiming to raise up to $7.5 million. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Oct 28, 2026 19:42 WIB: out of 83 priced US stocks, 28 rose and 51 fell. Notable movers include PPG Industries, Inc. at USD 119.16 with a 1-day change of +5.11% and a typical hold time on Pluang of 69 days, International Paper Company at USD 31.80 down 4.73%, and Icl Group Ltd at USD 4.74 down 3.66% with 100% buy order activity and a typical hold time of 57 days.
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