Possible for trend reversal. MEGAFB appears poised to break out of its downtrend, with continued improvement in both momentum and trend anticipated in the near term. Should immediate resistance level of RM0.440 be broken with renewed buying interest, it may continue to lift price higher to subsequent resistance level of RM0.475. However, failure to hold on to support level of RM0.395 may indicate weakness in the share price and hence, a cut-loss signal.

Source: PublicInvest Research - 29 Jul 2025

MEGA Fortris Bhd has entered into a third addendum to its memorandum of understanding (MoU) with V.S. International Group Ltd, extending the collaboration period to January 17, 2026.

The extension gives both parties more time to pursue their proposed partnership to provide a total solution for the supply and handling of playing cards in sealed security boxes in Macao.