MMAG Holdings Bhd.
MMYX:MMAG0.03
MYR
0.00
(0.00%)
ISIN
MYQ0034OO007
Return %
Stock
S&P 500
1Y
-95.65
14.20
3Y
-83.33
81.12
5Y
-97.50
68.34
Capital Structure
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in mil. unless spec.Company Description
- Sector
- Technology services
- Industry
- Information technology services
- Address
- Subang Jaya Malaysia
- IPO Date
- Feb 9, 2004
- Website
- mmag.com.my
- Similar Companies
- Business
- MMAG Holdings Berhad is a Malaysia-based investment holding company that provides integrated supply chain management, aviation logistics, and digital distribution solutions. Incorporated in 2003 and headquartered in Subang Jaya, Selangor, Malaysia, the company operates across several core business segments: Aviation Logistics, Courier and Express Delivery, Multimodal Freight Forwarding, Warehousing and Fulfilment, and Digital and Telecommunications Distribution. Through its aviation subsidiary MMAG Aviation Consortium Sdn Bhd and air cargo carrier MJets Air Sdn Bhd, the company provides scheduled and chartered air freight transportation utilizing dedicated narrow-body Boeing freighter aircraft; air cargo terminal operations and management; aviation ground handling, ramp services, and line maintenance; and air charter brokering. Through Line Clear Express & Logistics Sdn Bhd, the company offers domestic and cross-border courier and express parcel delivery; first-mile pickup, mid-mile linehaul, and last-mile distribution; temperature-controlled cold chain logistics; sea, air, and land freight forwarding; customs brokerage and clearance; and contract logistics, including multi-tier warehousing, automated order fulfillment, and inventory management. In its digital division, the company engages in the wholesale and retail distribution of mobile telecommunication products, electronic reload vouchers, and enterprise information technology hardware. Geographically, MMAG Holdings Berhad operates predominantly in Malaysia while extending regional air freight, forwarding, and trade connectivity across Southeast Asia, Greater China, and the broader Asia-Pacific region. In recent developments, the company has executed a major strategic expansion to establish an end-to-end multimodal logistics ecosystem anchored by its aviation operations. MMAG Holdings Berhad expanded the operational capacity and route network of MJets Air through the addition of Boeing 737 freighter aircraft to capture growing cross-border e-commerce volumes, developed and operationalized an integrated air cargo handling terminal and automated logistics hub at Kuala Lumpur International Airport, and entered into multiple interline arrangements and strategic partnerships with regional commercial carriers and global logistics integrators. In addition, the company has completed corporate fund-raising and rights issuance exercises to finance infrastructure upgrades and cargo fleet expansion while realigning legacy distribution assets to focus on high-yield air logistics and integrated supply chain services.