MAG Holdings Berhad
KLSE:MAGNUM
MAG Holdings Berhad
MAG Holdings Bhd.is an investment holding company, which engages in the production of aquaculture-based food. The company is headquartered in Kuala Lumpur, Wilayah Persekutuan. The company went IPO on 2005-08-23. The firm and its subsidiaries are principally engaged in the live prawn aquaculture business. The firm operates through business of prawn aquaculture and seafood processing segment. The firm owns approximately two prawn aquaculture farms, including Wakuba Farm and North Cube Farm. The Wakuba Farm comprises of approximately 102 cultivation ponds within a land area of over 97.9 hectares in Kg Wakuba, Tawau, Sabah. The North Cube Farm comprises of approximately 133 cultivation ponds and a prawn processing plant within a land area of over 120.5 hectares in Umas-Umas, Tawau, Sabah. The firm mainly operates its businesses in Malaysia market. Its subsidaries include MAG Marine Food Sdn. Bhd., Supreme Global Group Limited, MAG Aquaculture Sdn. Bhd., Anyang Herun Oil Technical Service Company Limited and Sea Tuna Industry Sdn. Bhd.