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News about Magna Prima

Magna Prima’s largest shareholders end takeover offer with 54.96% stake

Nov 07

The offerors—through Hallson Holdings Sdn Bhd—received 76.

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Magna Prima takeover offer by largest shareholders turns unconditional

Oct 24

Datuk Seri Wong Sze Chien and managing director Seah Ley Hong via their vehicle Hallson Holdings Sdn Bhd, together with Seah’s wife Tan Zhen Lin, collectively hold a 50.

READ MORE

Magna Prima's largest shareholders buy substantial stake from Prisma Pelangi, trigger takeover offer at 73 sen

Sep 19

This came after their company, Hallson Holdings Sdn Bhd, bought a 5.

READ MORE

Magna Prima in JV for JB SoHo project

May 26

To undertake the project, a special purpose vehicle will be established with Twinicon holding a 75% stake and Crest Star holding the remaining 25%.

READ MORE

Magna Prima sees new substantial shareholders

Oct 31

Following the acquisition, Edxus Solutions now holds 26.

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Magna Prima, Golden Rainbow View to jointly develop Lai Meng school land into a RM1.2 bil mixed development

Jan 19

The development land was acquired by Magna Prima's wholly-owned subsidiary Twinicon (M) Sdn Bhd from Lai Meng Girls School Association in 2014 for RM148.

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Magna Prima extends losses for second straight day after UMA reply

Jan 15

Magna Prima saw its share price jump to a three-year high of 76 sen last Thursday before declining on Friday.

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Magna Prima says in final stage of negotiations to monetise a land bank

Jan 12

In a reply to the stock market regulator's unusual market activity (UMA) query, Magna Prima said the company and its subsidiaries have been continuously on the lookout for opportunities to strengthen its financial position.

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Magna Prima to acquire remaining 30% stake in property development unit for RM46 mil

Aug 23

In a bourse filing on Tuesday (Aug 22), Magna Prima said it had on Tuesday inked a sale and purchase agreement with Lee Shu Shun for the proposed acquisition.

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TAFI Industries wins RM115 mil contract from Magna Prima to build serviced apartments in Kepong

Sep 07

TAFI Industries said its wholly owned subsidiary TAFI Home & Office Sdn Bhd (formerly known as Home & Office Furniture Sdn Bhd) accepted a turnkey construction contract awarded by Magna Park Sdn Bhd, an indirect wholly owned unit of Magna Prima.

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