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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

UOA Development terminates agreement for Komune Care Centre
MRCB completes RM1.58bil Bukit Jalil Sentral property acquisition
Genting unit launches US$1.5bil note buyback to refinance debt
ES Sunlogy’s secures LOA valued at RM107.5mil
Lotte Chemical Titan inks RM103.7mil naphtha deal with Indonesian unit amid supply risks
UOB facilitates over RM18bil FDI into JS-SEZ since 2024
Ringgit ends marginally lower vs US dollar
iCents launches Maytech cleanroom unit with RM15mil investment
A1 acquires land in Selangor for RM17mil to set up regional office
MPay wins RM270mil mobile contract

Others Also Read