Company Magni-Tech Industries

Equities

MAGNI

MYL7087OO009

Apparel & Accessories

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.16 MYR 0.00% Intraday chart for Magni-Tech Industries 0.00% +15.51%

Business Summary

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.

Sales per Business

MYR in Million2022Weight2023Weight Delta
Garments
91.8 %
887 89.7 % 1,113 91.8 % +25.42%
Packaging Materials
8.2 %
101 10.3 % 99 8.2 % -2.12%

Sales per region

MYR in Million2022Weight2023Weight Delta
United States
27.2 %
235 23.8 % 330 27.2 % +40.45%
European Countries
26.2 %
261 26.4 % 318 26.2 % +21.76%
China
16.7 %
212 21.4 % 202 16.7 % -4.63%
Other Asian Countries
12.8 %
104 10.5 % 155 12.8 % +48.69%
Malaysia
8.7 %
104 10.5 % 106 8.7 % +1.81%
Others
2.7 %
24 2.4 % 33 2.7 % +38.22%
North America
2.4 %
21 2.1 % 30 2.4 % +41.13%
Australia
1.8 %
13 1.3 % 22 1.8 % +62.92%
South America
1.2 %
12 1.3 % 15 1.2 % +20.01%
Africa
0.3 %
3 0.3 % 3 0.3 % +9.08%

Managers

Managers TitleAgeSince
Chief Executive Officer 57 00-02-17
Corporate Secretary - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman 77 00-02-17
Director/Board Member 67 14-11-19
Chief Executive Officer 57 00-02-17
Director/Board Member 66 00-02-17
Director/Board Member 47 23-08-09

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 433,950,579 143,336,796 ( 33.03 %) 500,000 ( 0.1152 %) 33.03 %

Shareholders

NameEquities%Valuation
125,088,000 28.83 % 59 M RM
Kp Holdings Sdn. Bhd.
13.32 %
57,800,000 13.32 % 27 M RM
29,700,000 6.844 % 14 M RM
Siyasi Sdn. Bhd.
6.645 %
28,836,026 6.645 % 14 M RM
Eastspring Investments Bhd.
2.775 %
12,044,133 2.775 % 6 M RM
11,249,333 2.592 % 5 M RM
Public Mutual Bhd.
2.298 %
9,971,499 2.298 % 5 M RM
8,402,000 1.936 % 4 M RM
Norges Bank Investment Management
1.139 %
4,940,800 1.139 % 2 M RM
Employees Provident Fund
1.083 %
4,700,000 1.083 % 2 M RM

Holdings

NameEquities%Valuation
500,000 0.12% 234,525 $

Company contact information

Magni-Tech Industries Bhd.

Level 18, Penas Tower Midland Parks Centre

10350, Penang

+

http://www.magni-tech.com.my
address Magni-Tech Industries(MAGNI)

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
2.16 MYR
Average target price
2.5 MYR
Spread / Average Target
+15.74%
Consensus

Annual profits - Rate of surprise

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