PETALING JAYA: Magma Group Bhd
has completed its RM379.21mil capital reduction exercise to strengthen its balance sheet and enhance financial flexibility for future expansion.
In a statement, the company said the completion follows the lodgement of the High Court of Malaya’s sealed order with the Companies Commission of Malaysia on Aug 13, 2025, confirming the Special Resolution passed by shareholders at its EGM on March 21, 2025.
