MAG Holdings Berhad is a Malaysia-based investment holding company. The Company and its subsidiaries are principally engaged in the live prawn aquaculture business. The Company operates through business of prawn aquaculture and seafood processing segment. The Company owns approximately two prawn aquaculture farms, including Wakuba Farm and North Cube Farm. The Wakuba Farm comprises of approximately 102 cultivation ponds within a land area of over 97.9 hectares in Kg Wakuba, Tawau, Sabah. The North Cube Farm comprises of approximately 176 cultivation ponds and a prawn processing plant within a land area of over 120.52 hectares in Umas-Umas, Tawau, Sabah. The Company mainly operates its businesses in Malaysia market. Its subsidiaries include MAG Marine Food Sdn. Bhd., Supreme Global Group Limited, MAG Aquaculture Sdn. Bhd. and Anyang Herun Oil Technical Service Company Limited.
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