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Magna Prima Berhad

Malaysian-listed investment holding company focused on niche property development and construction.

Last updated September 28, 2026

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Overview

Magna Prima Berhad is a Malaysian investment holding company that operates through subsidiaries in property development, building construction, trading and management services. It was incorporated in Malaysia on 5 December 1995 as a private limited company and was subsequently converted to a public limited company, assuming its listing status on Bursa Malaysia and adopting its present name on 16 January 1997. The group describes itself as a niche developer of integrated lifestyle themed projects, with projects in Ipoh, Johor Bahru and the Klang Valley. Its strategy focuses on purchasing and developing pocket-sized landbanks located in high-density areas with easy accessibility and significant gross development value. The company maintains a corporate governance framework including board charter, audit, nomination and remuneration committees, and policies on whistleblowing and anti-bribery and anti-corruption.

History

Magna Prima Berhad was incorporated in Malaysia on 5 December 1995 as a private limited company. It was subsequently converted to a public limited company, assumed its listing status on Bursa Malaysia and adopted its present name on 16 January 1997. The company operates as an investment holding company and, through its subsidiaries, provides a diverse range of property development, building construction, trading and management services. Its property projects are located in Ipoh, Johor Bahru and the Klang Valley. The group positions itself as a niche developer of integrated lifestyle themed projects that attract robust take-up rates, focusing on purchasing and developing pocket-sized landbanks in high-density areas with easy accessibility and significant gross development value. The company maintains a corporate governance framework that includes a board charter, audit committee, nomination committee, remuneration committee, remuneration policy, code of conduct, corporate governance report, whistleblowing policy, and anti-bribery and anti-corruption policies.

  • Incorporated in Malaysia as a private limited company

  • Converted to a public limited company, listed on Bursa Malaysia and adopted the name Magna Prima Berhad

Products and positioning

Niche developer of integrated lifestyle themed projects focusing on pocket-sized landbanks in high-density areas.

  • Property development

    Integrated lifestyle themed projects in Ipoh, Johor Bahru and the Klang Valley.

  • Building construction

    Construction services provided through subsidiaries.

  • Trading and management services

    Diverse trading and management services through subsidiaries.

Sources5 sources

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