Magna Prima Bhd.
MMYX:MAGNA0.56
MYR
-0.02
(-4.27%)
ISIN
MYL7617OO003
Return %
Stock
S&P 500
1Y
-17.65
14.20
3Y
34.94
81.12
5Y
13.13
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Ley Hong Seah
- Sector
- Finance
- Industry
- Real estate development
- Address
- Shah Alam Malaysia
- IPO Date
- Jan 16, 1997
- Website
- magnaprima.com.my
- Similar Companies
- Business
- Magna Prima Bhd. is an investment holding company that operates primarily in property development, building construction, civil engineering, and property management services. Incorporated in 1995 and headquartered in Kuala Lumpur, Malaysia, the company develops medium-to-high-end residential properties, integrated commercial developments, and mixed-use urban centers, with operations centered primarily in the Klang Valley region of Malaysia alongside historical international development activities in Australia. The company structures its operations through three main business segments: Property Development, Construction and Engineering, and Property Management and Others. Its comprehensive portfolio of products and services comprises the planning, construction, and marketing of high-rise residential condominiums, serviced apartments, and landed housing schemes; the development and commercialization of integrated commercial complexes, corporate offices, retail shop-offices, and multi-functional business parks; the execution of civil engineering, structural construction, infrastructure development, and turnkey project management services through construction arms such as Magna Prima Construction Sdn. Bhd.; and the delivery of property management services, facility maintenance, building administration, carpark operations, and investment property leasing. In recent strategic developments, Magna Prima Bhd. has engaged in asset rationalization and balance sheet restructuring initiatives aimed at strengthening liquidity and paring down financial borrowings. These operational changes include the strategic monetization and proposed disposal of non-core prime land assets in the Klang Valley, the restructuring of subsidiary operations to enhance capital efficiency, and a strategic pivot toward joint venture development structures and niche, transit-adjacent residential launches to mitigate development risk and capture urban market demand.