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Mag Holdings Berhad (Malaysia)

Main Activities: Telecommunications | Management of Companies and Enterprises
Full name: Mag Holdings Berhad Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Xinghe Holdings Berhad operates as an investment holding company. The principal activities of the active subsidiaries are providing the telecommunication services, including wholesale of long distance telecommunication services to telecommunication companies, retail of long distance telecommunication services in Canada, Australia, United States and Malaysia, and provision of support services for telecommunication companies. The subsidiaries include Keywest Communications (USA) Inc., Keywest Communications (HK) Limited, Key West Data Network, Inc., Times Telecom (USA) Inc., TTUSA Acquisition, Inc. and Voicestar Communication Sdn. Bhd. The Company was incorporated in 2004 and is based in Kuala Lumpur.

Headquarters
B-03-11, Gateway Kiaramas, No. 1, Jalan Desa Kiara, Mont Kiara
Kuala Lumpur; Federal Territories; Postal Code: 50480

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Website: http://magholdings.com.my

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2004
Key Executives
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Chairman
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Director/Member of the Board
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Director/Member of the Board
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Secretary
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Outside Director
Ownership Details
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26.65%
Subsidiaries
Mag Aquaculture Sdn. Bhd.
100%
Mag Marine Food Sdn. Bhd. (Formerly Known As Xinghe Marine Food Sdn Bhd)
100%
Supreme Global Group Limited (Hong Kong SAR, China)
100%
Company Performance
Financial values in the chart are available after Mag Holdings Berhad report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
33.62%
Total operating revenue
32.21%
Operating profit (EBIT)
-26.74%
EBITDA
-19.47%
Net Profit (Loss) for the Period
-14.69%
Total assets
10.68%
Total equity
9.99%
Operating Profit Margin (ROS)
-13.18%
Net Profit Margin
-7.66%
Return on Equity (ROE)
-0.49%
Debt to Equity Ratio
-6.85%
Quick Ratio
0.46%
Cash Ratio
0.15%

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