On Friday, Megan Holdings Ltd. (MGN.US) made its debut on the US stock market, with shares climbing significantly at the opening. At the time of reporting, the stock had surged more than 12%, reaching $4.5 per share. The company's IPO was priced at $4.00.
Megan Holdings Ltd. operates primarily in Malaysia, focusing on the development, construction, and maintenance of aquaculture farming operations.