Magma Group Berhad (7243.KL)

0.2350 +0.0200 (+9.30%) At close: 04:55PM MYT

Magma Group Berhad

D5–5–5, Solaris Dutamas
No. 1, Jalan Dutamas 1
Kuala Lumpur 50480
Malaysia
60 3 6211 3686
https://magma.my

Sector(s): Consumer Cyclical
Industry: Lodging
Full-time employees: 60

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hock Seng Lee	Executive Chairman	13k	N/A	1972
Mr. Chee Fong Liang	Executive Group MD & Director	185.7k	N/A	1973
Mr. Kah Hin Lee CFA	Group Chief Financial Officer	N/A	N/A	1986
Mr. Jun Liang Lee	Group Chief Operating Officer	N/A	N/A	1991
Ms. Shook Nyee Lim	Company Secretary	N/A	N/A	N/A
Safarizal Bin Sanusi	Joint Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

Magma Group Berhad, an investment holding company, engages in the development, operation, and management of hotels and resorts in Malaysia. The company operates through three segments: Hospitality Business, Property Development, and Others. It is also involved in the property investment; property development; and professional management services to hotels, resorts, and recreation clubs, as well as buying, selling, renting, and operating of self-owned and leased real estate non-residential buildings. The company was formerly known as Impiana Hotels Berhad and changed its name to Magma Group Berhad in December 2023. Magma Group Berhad was founded in 1994 and is based in Kuala Lumpur, Malaysia.

Corporate governance

Magma Group Berhad’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.