# EDGAR Filing Document

**Accession Number:** 0002090229
**File Stem:** 0001213900-25-101349
**Filing Date:** 2025-10
**Character Count:** 14217
**Document Hash:** aeb71ea3b7c8609d3966e4282aebfebc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-101349.hdr.sgml**: 20251022

**ACCESSION NUMBER**: 0001213900-25-101349

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20251022

**DATE AS OF CHANGE**: 20251022

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Megan Holdings Ltd.
- **CENTRAL INDEX KEY:** 0001995075
- **STANDARD INDUSTRIAL CLASSIFICATION:** AGRICULTURE PRODUCTION - LIVESTOCK & ANIMAL SPECIALTIES [0200]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-95280
- **FILM NUMBER:** 251410944

**BUSINESS ADDRESS:**
- **STREET 1:** B-01-07, GATEWAY CORPORATE SUITES
- **CITY:** MALAYSIA
- **STATE:** N8
- **ZIP:** 50480
- **BUSINESS PHONE:** 364201071

**MAIL ADDRESS:**
- **STREET 1:** B-01-07, GATEWAY CORPORATE SUITES
- **CITY:** MALAYSIA
- **STATE:** N8
- **ZIP:** 50480
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hoo Wei Sern
- **CENTRAL INDEX KEY:** 0002090229

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** B-01-07, GATEWAY CORPORATE SUITES
- **STREET 2:** JALAN DESA KIARA, MONT KIARA
- **CITY:** KUALA LUMPUR
- **PROVINCE COUNTRY:** N8
- **ZIP:** 50480

## Exhibit 99.1

**Exhibit 99.1**

**Lock-Up Agreement** 

September 22, 2025

D. Boral Capital LLC<br> 590 Madison Avenue, 39th Floor<br> New York, New York 10022

Ladies and Gentlemen:

The undersigned understands that D. Boral Capital LLC, as representative of the several underwriters (the "**Representative**") proposes to enter into an Underwriting Agreement (the "**Underwriting Agreement**") with Megan Holdings Limited., a Cayman Islands exempted company (the "**Company**"), providing for the public offering (the "**Public Offering**") of ordinary shares, par value $0.0001 per share ("**Ordinary Shares**"), of the Company.

To induce the Representative to continue its efforts in connection with the Public Offering, the undersigned hereby agrees that, without the prior written consent of the Representative, the undersigned will not, during the period commencing on the date of the Underwriting Agreement and ending one hundred eighty (180) days after such date (the "**Lock-Up Period**"), (1) offer, pledge, sell, contract to sell, grant, lend, or otherwise transfer or dispose of, directly or indirectly, any Ordinary Shares or any securities convertible into or exercisable or exchangeable for Ordinary Shares, whether now owned or hereafter acquired by the undersigned or with respect to which the undersigned has or hereafter acquires the power of disposition (collectively, the "**Lock-Up Securities**"); (2) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of the Lock-Up Securities, whether any such transaction described in clause (1) or (2) above is to be settled by delivery of Lock-Up Securities, in cash or otherwise; (3) make any demand for or exercise any right with respect to the registration of any Lock-Up Securities; or (4) publicly disclose the intention to make any offer, sale, pledge or disposition, or to enter into any transaction, swap, hedge or other arrangement relating to any Lock-Up Securities. Notwithstanding the foregoing, and subject to the conditions below, the undersigned may transfer Lock-Up Securities without the prior written consent of the Representative in connection with (a) transactions relating to Lock-Up Securities acquired in open market transactions after the completion of the Public Offering; <u>provided</u> that no filing under Section 16(a) of the Securities Exchange Act of 1934, as amended (the "**Exchange Act**"), shall be required or shall be voluntarily made in connection with subsequent sales of Lock-Up Securities acquired in such open market transactions; (b) transfers of Lock-Up Securities as a *bona fide* gift, by will or intestacy or to a family member or trust for the benefit of a family member (for purposes of this lock-up agreement, "family member" means any relationship by blood, marriage or adoption, not more remote than first cousin); (c) transfers of Lock-Up Securities to a charity or educational institution; or (d) if the undersigned, directly or indirectly, controls a corporation, partnership, limited liability company or other business entity, any transfers of Lock-Up Securities to any shareholder, partner or member of, or owner of similar equity interests in, the undersigned, as the case may be; <u>provided</u> that in the case of any transfer pursuant to the foregoing clauses (b), (c) or (d), (i) any such transfer shall not involve a disposition for value, (ii) each transferee shall sign and deliver to the Representative a lock-up agreement substantially in the form of this lock-up agreement and (iii) no filing under Section 16(a) of the Exchange Act shall be required or shall be voluntarily made. The undersigned also agrees and consents to the entry of stop transfer instructions with the Company's transfer agent and registrar against the transfer of the undersigned's Lock-Up Securities except in compliance with this lock-up agreement.

If the undersigned is an officer or director of the Company, (i) the undersigned agrees that the foregoing restrictions shall be equally applicable to any Ordinary Shares that the undersigned may purchase in the Public Offering; (ii) the Representative agrees that, at least three (3) business days before the effective date of any release or waiver of the foregoing restrictions in connection with a transfer of Lock-Up Securities, the Representative will notify the Company of the impending release or waiver; and (iii) the Company has agreed in the Underwriting Agreement to announce the impending release or waiver by press release through a major news service at least two (2) business days before the effective date of the release or waiver. Any release or waiver granted by the Representative hereunder to any such officer or director shall only be effective two (2) business days after the publication date of such press release. The provisions of this paragraph will not apply if (a) the release or waiver is effected solely to permit a transfer of Lock-Up Securities not for consideration and (b) the transferee has agreed in writing to be bound by the same terms described in this lock-up agreement to the extent and for the duration that such terms remain in effect at the time of such transfer.

No provision in this lock-up agreement shall be deemed to restrict or prohibit the exercise, exchange or conversion by the undersigned of any securities exercisable or exchangeable for or convertible into Ordinary Shares, as applicable; <u>provided</u> that the undersigned does not transfer the Ordinary Shares acquired on such exercise, exchange or conversion during the Lock-Up Period, unless otherwise permitted pursuant to the terms of this lock-up agreement. In addition, no provision herein shall be deemed to restrict or prohibit the entry into or modification of a so-called "10b5-1" plan at any time (other than the entry into or modification of such a plan in such a manner as to cause the sale of any Lock-Up Securities within the Lock-Up Period) or a sale of 100% of the Company's outstanding Ordinary Shares.

The undersigned understands that the Company and the Representative are relying upon this lock-up agreement in proceeding toward consummation of the Public Offering. The undersigned further understands that this lock-up agreement is irrevocable and shall be binding upon the undersigned's heirs, legal representatives, successors and assigns.

The undersigned understands that, if the Underwriting Agreement is not executed by September 22, 2025, or if the Underwriting Agreement (other than the provisions thereof which survive termination) shall terminate or be terminated prior to payment for and delivery of the Ordinary Shares to be sold thereunder, then this lock-up agreement shall be void and of no further force or effect.

Whether or not the Public Offering actually occurs depends on a number of factors, including market conditions. Any Public Offering will only be made pursuant to an Underwriting Agreement, the terms of which are subject to negotiation between the Company and the Representative.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**Megan Holdings Ltd.**

*(Name of Issuer)*

**Ordinary Shares, par value US$0.0001 per share**

*(Title of Class of Securities)*

**G5980E105**

*(CUSIP Number)*

**Darren Hoo**<br>B-01-07, Gtwy Corp. Ste. Gtwy Kiaramas<br>No.1, Jalan Desa Kiara, Mont Kiara<br>Kuala Lumpur N8 50480<br>(60) 3 6420 1071

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**09/22/2025**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **G5980E105** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Hoo Wei Sern** | Name of reporting person<br>**Hoo Wei Sern** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**N8** | Citizenship or place of organization<br>**N8** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**10845000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**10845000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**0.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**10845000.00** | Aggregate amount beneficially owned by each reporting person<br>**10845000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**66.7%** | Percent of class represented by amount in Row (11)<br>**66.7%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** (1) Note to Item 9: Consists of 10,845,000 ordinary shares of the Issuer, par value US$0.0001 per share ("Ordinary Shares") beneficially held by Mr. Hoo Wei Sern (the "Reporting Person", or "Mr. Hoo"). The Reporting Person holds the 10,845,000 Ordinary Shares through Star Sprite Limited ("SSL"). SSL is a company incorporated in the BVI and wholly owned by the Reporting Person. The Reporting Person therefore has voting and/or dispositive control over the Ordinary Shares held by SSL, and may be deemed the beneficial owner of all ordinary shares held by SSL.

(2) Note to Item 13: This percentage is calculated based on a total of 16,250,000 Ordinary Shares of the Issuer's issued and outstanding Ordinary Shares as reported in the Issuer's prospectus on Form 424B4 filed with the U.S. Securities and Exchange Commission ("SEC") on September 22, 2025.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Ordinary Shares, par value US$0.0001 per share

**(b) Name of Issuer:**
Megan Holdings Ltd.

**(c) Address of Issuer's Principal Executive Offices:**
B-01-07, Gtwy Corp. Ste. Gtwy Kiaramas, No.1, Jalan Desa Kiara, Mont Kiara, Kuala Lumpur, N8, 50480

Megan Holdings Limited is a company incorporated in the Cayman Islands.

**Item 4. Purpose of Transaction**

The Reporting Person acquired the Ordinary Shares for his services provided to the Company since 2020. The Reporting Person holds the Ordinary Shares for investment purposes. As a significant shareholder of the Company, he may be asked to discuss and vote on matters related to items (a) through (j) of this Item 4 of Schedule 13D with other shareholders of the Company.

Except as set forth herein, the Reporting Persons do not have any present plans or proposals which relate to or would result in any of the transactions described in paragraphs (a) through (j) of this Item 4.

**Item 5. Interest in Securities of the Issuer**

**(a)**
Incorporated by reference to rows 11 and 13 of the Cover Page.

**(b)**
Incorporated by reference to rows 7 to 10 of the Cover Page.

**(c)**
None.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Lock-Up Agreement - Pursuant to the terms of a Lock-Up agreement dated September 22, 2025, (the "Lock-Up Agreement"), a copy of the form of which is attached to this Schedule 13D as Exhibit 1 and incorporated herein by reference, the Reporting Person has agreed subject to certain exceptions, not to offer, pledge, sell, or dispose of, directly or indirectly, any of the Issuer's Ordinary Shares or securities convertible into or exchangeable or exercisable for any of the Issuer's Ordinary Shares during the 6-month period following the date of the final prospectus relating to the offering, September 26, 2025.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Hoo Wei Sern

**Signature:** /s/ Hoo Wei Sern

**Name/Title:** Hoo Wei Sern

**Date:** 10/22/2025