Magnum Berhad

Magnum Berhad
Formerly
Multi-Purpose Holdings Berhad
Publicly traded company
Traded as MYX: 3859
ISIN MYL3859OO005
Founded 18 August 1975
Headquarters 35th Floor, Menara Multi-Purpose, Capital Square, No. 8, Jalan Munshi Abdullah, 50100 Kuala Lumpur, Malaysia
Key people
Surin Upatkoon, Chairman
Website www.magnum.com.my

Magnum Berhad (MYX: 3859) is a company in Malaysia known principally as a leader in gambling.

Formerly known as Magnum Corporation and Magnum Corporation Berhad, the company was incorporated in December 1968 and was the first private company to be granted a license to promote, operate and manage 4-digit numbers forecast betting in Malaysia. Magnum was converted to a public company in 1970 and was subsequently listed on the Kuala Lumpur Stock Exchange ("KLSE") in the same year. However, it was de-listed on 2 July 2008 following the completion of a privatisation exercise. Magnum then reverted to be a private limited company and changed its name to the current one. [1] Magnum was 51% owned by Multi-Purpose Holdings Berhad (MYX: 3859) through Magnum Holdings Sendirian Berhad and the remaining 49% is held by CVC Asia Pacific Limited. [2] In June 2013, following a demerger exercise, Multi-Purpose Holdings Berhad sold off its non-gaming business to MPHB Capital Berhad and renamed Multi-Purpose Holdings Berhad to Magnum Berhad.[3]

Today Magnum is principally engaged in the gaming business, being the pioneer and market leader in the Malaysian authorised gaming industry.

In September 2009, Magnum launched an extension of the successful 4Digit Classic game which introduced a parimuteul element into the game. This game was copyrighted by Magnum in 2013.

Subsidiaries

  • Magnum Holdings Sdn Bhd
    • Mont Delight Sdn Bhd
      • Sababumi (Sandakan) Sdn Bhd
        • Offshore Capital Pte Ltd
    • Magnum Corporation Sdn Bhd
      • ENE (Sabah) Sdn Bhd
      • Tiara Vega Sdn Bhd
      • Magnum 4D Berhad
      • Magnum Information Technology Sdn Bhd
        • Secure Tangent Sdn Bhd
      • ENE (Selangor) Sdn Bhd
      • ENE (Perak) Sdn Bhd
      • ENE (Penang) Sdn Bhd
      • ENE (Negeri Sembilan) Sdn Bhd
      • ENE (Melaka) Sdn Bhd
      • M4D (Johor) Sdn Bhd
      • ENE (East Coast) Sdn Bhd
      • ENE (East Malaysia) Sdn Bhd
      • Choicevest Sdn Bhd
      • Longterm Profit Sdn Bhd
    • Multi-Purpose International Limited
    • Leisure Management (Hong Kong) Limited
    • Definite Command Sdn Bhd
    • MP Property Management Sdn Bhd
    • MPIB Nominees (Tempatan) Sdn Bhd
    • Marinco Holdings Sdn Bhd
    • Dynamic Pearl Sdn Bhd
      • MP Solutions Sdn Bhd

References

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