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Magna Prima Bhd (XKLS:7617) Credit Losses Provision


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What is Magna Prima Bhd Credit Losses Provision?

Credit Losses Provision only applies to banks.


Magna Prima Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Jalan Juruanalisis U1/35, G-9, Subplace Boulevard, Pusat Komersil Vestland, Seksyen U1, Shah Alam, MYS, 40150
Magna Prima Bhd is an investment holding company. Through its subsidiaries, the company provides a diverse range of property development, building construction, trading, and management services. The group focuses on purchasing and developing pocket-sized land banks in high-density areas. Its reportable segments include Properties, Construction and Engineering, and Investment. The majority of its revenue is generated from the Properties segment, which is engaged in the business of property development. Geographically, the group generates maximum revenue from Malaysia and also has a presence in Australia.