Hua Yang stake buy in Magna paves way for more tie-ups

Magna Prima Bhd group managing director Datuk Wira Rahadian Mahmud Mohammad Khalil

PETALING JAYA: Hua Yang Bhd’s acquisition of a 10.84% stake in Magna Prima Bhd last week paves the way for more collaboration between both companies to develop property projects.

Property-based Hua Yang has a strong management team and has carved a name for itself as a reputable and well-managed developer counting institutional shareholders as among its shareholders.