MAG to focus on prawn exports after North Cube buy


MAG Holdings North Cube aquaculture site

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

Executive chairman Ng Min Lin (pic) said the group would be able to provide the supplies to South Korea, Australia and China with its expanded capacity.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

MAG Holdings , prawn exports , North Cube , buy ,

   

Next In Business News

Microlink wins RM56.45mil contract from Bank Islam Brunei
Bursa Malaysia higher at midday in sync with regional peers
PETRONAS, CelcomDigi collaborate on digital transformation and sustainability efforts for the energy industry
Ringgit retreats vs US$ ahead of personal consumption expenditure reading
Oil prices rise as US official eases market concerns over economic headwinds
Inflation in Japan's capital slows more than expected, slides below BOJ goal
FBM KLCI opens lower as investors book profits
Trading ideas: Al-'Aqar REIT, Pantech, AirAsia X, Inta Bina, Khee San, Infoline, Heineken, Agricore
Capital A to dispose of 100% stake in AirAsia Aviation Group, AirAsia for RM6.8bil
Meta projects higher spending, weaker revenue

Others Also Read