At A Glance

MAG Holdings Berhad (“MAG” or the “Company” and together with its subsidiaries, the “Group”) is currently an aquaculture-based food producer listed on the ACE Market of Bursa Malaysia Securities Berhad.

MAG, the acronym for “Malaysian Aquaculture Group”, assumed its present name on 7 August 2020 to better reflect its present principal business in aquaculture. MAG was incorporated in Malaysia under the Companies Act 2016 (then the Companies Act 1965) on 20 February 2004 as a private limited company under the name of Key West Global Telecommunications Sdn Bhd and changed its name to Key West Global Telecommunications Berhad when it turned into a public company.

In 2014, the Company changed its name to XingHe Holdings Berhad when the Company completed the acquisition of Supreme Global Group Limited group whose principal operating unit, Henan XingHe Oil and Fat Company Ltd, is a China-based company involved in edible vegetable oil business.

In 2019, the Group reduced its investment in the edible vegetable oil business in China and diversified into prawn aquaculture business in Malaysia. As part of the diversification, the Group acquired the following two sizable prawn aquaculture farms:

(1) Wakuba Farm – a prawn farm with 102 cultivation ponds within a land area of 97.9 hectares in Kg Wakuba, Tawau, Sabah; and

(2) North Cube Farm – a prawn aquaculture farming group with 133 cultivation ponds and a prawn processing plant within a land area of 120.5 hectares in Umas- Umas, Tawau, Sabah. 

Both farms are situated along the coastal area in the Western Pacific Ocean, well known for its pristine waters ideal for producing outstanding quality shrimps. The Group cultures mainly vannamei shrimps in a non-pesticidal cured marine ponds as its fresh shrimp product. 

The MAG Group today is a leading prawn aquaculture player in Malaysia with a strength of 235 cultivation ponds and a processing plant that is capable of processing the harvests from both North Cube Farm and Wakuba Farm into finished products, serving the needs of international and regional consumers.

Our Mission

Build a Sustainable Organisation by Creating Social Impact and Transform Life of the Community

Group Corporate Structure

Board of Directors

Contact Us

MAG HOLDINGS BERHAD 200401004611 (643114-X)
B-3-12, Gateway Corporate Suites, Gateway Kiaramas, Jalan Desa Kiara, Mont Kiara, 50480 Kuala Lumpur, Malaysia

Tel: 603-6419 1385
Fax: 603-6419 1386