Magni-Tech Industries Berhad (7087.KL)

2.1600 0.0000 (0.00%) At close: 04:57PM MYT

Magni-Tech Industries Berhad

51-21-A
Menara BHL Jalan Sultan Ahmad Shah 488-A, Jalan Burmah
Penang 10050
Malaysia
60 4 210 8833
https://www.magni-tech.com.my

Sector(s): Consumer Cyclical
Industry: Apparel Manufacturing
Full-time employees: 1,005

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kok Ping Tan J.P.	Executive Chairman	N/A	N/A	1946
Mr. Poay Seng Tan	MD & Director	N/A	N/A	1966
Mr. Chuen Hwa Chang	Managing Director of South Island Plastics Sdn Bhd	360.64k	N/A	1957
Mr. Koong Chen Lee	Managing Director of Inter-Pacific Packaging Sdn Bhd	N/A	N/A	1940
Mr. Peng Loon Lee	Joint Company Secretary	N/A	N/A	N/A
Ms. Chiew Keem P'Ng MAICSA	Joint Company Secretary	N/A	N/A	N/A
Mr. Yong Teck Yap	MD of South Island Garment Sdn Bhd & Director of South Island Plastics Sdn. Bhd.	N/A	N/A	1967

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

Magni-Tech Industries Berhad, an investment holding company, engages in the manufacturing and sale of garments and packaging materials in Malaysia and Vietnam. It also manufactures and distributes corrugated cartons and flexible plastic packaging products. The company serves food, beverage, healthcare, rubber based, consumer household, and electronic sub-sectors. Magni-Tech Industries Berhad was incorporated in 1997 and is based in Penang, Malaysia.

Corporate governance

Magni-Tech Industries 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.