Malaysia

MAG HOLDINGS BERHAD MAG

BURSA Consumer Products & Services MYR

MAG Holdings Berhad (formerly known as XingHe Holdings Berhad), incorporated in 2004 and headquartered in Kuala Lumpur, Malaysia, is a vertically integrated aquaculture group specializing in premium prawn farming, seafood processing, and distribution. The company transitioned from its previous focus in edible oils to become a key player in Malaysia’s aquaculture industry, operating large-scale prawn farms in Tawau, Sabah. MAG’s core business activities include the cultivation of white shrimp and black tiger prawn, seafood processing into ready-to-eat and ready-to-cook formats, and the export of high-quality shrimp products to global markets such as South Korea, China, Taiwan, and Australia. Through its subsidiaries, MAG manages over 384 cultivation ponds with an annual breeding capacity of 5,500 tonnes and processing capacity of 8,000 tonnes, supported by advanced farming technologies, sustainable aquaculture practices, and eco-friendly initiatives. The Group is also certified under myGAP, HACCP, GMP, and Mesti standards, reinforcing its commitment to food safety, sustainability, and long-term value creation.

Current Price MYR 0.1650
Daily Change 0.0%
Market Cap MYR 313 M
Shares Outstanding 1.9 B
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