Magni-Tech Industries Stock

Magni-Tech Industries Berhad is a Malaysia-based company that is engaged in investment holding and the provision of management services. The Company operates two business segments: Garment manufacturing and Packaging. The Garment manufacturing segment is engaged in the manufacturing and sale of garments. The Packaging segment is engaged in the manufacturing and sale of flexible plastic packaging goods and corrugated cartons. The Garment manufacturing segment operates both in Vietnam and Malaysia. It operates flexible plastic packaging in Prai, Penang and corrugated packaging in Puchong, Selangor, Malaysia. Its packaging products are used by the manufacturing sector, such as the food, beverage, healthcare, rubber based, consumer household and electronic sub-sectors. The Company's subsidiaries include South Island Garment Sdn. Bhd., Inter-Pacific Packaging Sdn. Bhd., South Island Packaging (Penang) Sdn. Bhd. and South Island Plastics Sdn. Bhd.