MAG Holdings to focus on prawn exports, value-added products

MAG Holdings North Cube aquaculture ponds.

KUALA LUMPUR: Aquaculture-based Mag Holdings Bhd will focus on the export markets for its prawns due to the strong US dollar and filling the vacuum of supplies while leveraging on its North Cube Sdn Bhd (NCUBE) acquisition.

MAG Holdings Bhd executive chairman Ng Min Lin said on Monday the group would be able to provide the supplies to South Korea, Australia and China with the expanded capacity.