Magma Group Bhd (7243)

Overview

Magma Group Berhad, situated in Kuala Lumpur, Malaysia, initially began its journey as Impiana Hotels Berhad before rebranding in December 2023. Founded in 1994, it has established itself as an influential investment holding entity with a core focus on the hospitality industry within Malaysia. Magma Group Berhad intricately engages in the development, management, and operation of a diverse portfolio of hotels and resorts, marking its prominence through three principal segments: Hospitality Business, Property Development, and Others. As a multifaceted corporation, it not only excels in providing superior hospitality services but also extends its expertise into property investment, development, and the professional management of various real estate ventures including non-residential buildings.

Products and Services

• Hospitality Business

Under the Hospitality Business segment, Magma Group Berhad undertakes the operation, development, and management of hotels and resorts. This includes offering guests an array of accommodation options and recreational facilities, ensuring a memorable and comfortable stay that emphasizes Malaysian hospitality and culture.

• Property Development

In the realm of Property Development, the company takes on projects that involve the planning, development, and marketing of residential and commercial properties. This service includes the construction of new buildings, renovations, and the redevelopment of existing properties to meet the contemporary needs of clients and investors.

• Property Investment and Management Services

Magma Group Berhad's scope of services extends to property investment, where it engages in the buying, selling, renting, and operating of self-owned or leased real estate, particularly focusing on non-residential buildings. Additionally, it provides professional management services to hotels, resorts, and recreation clubs, showcasing its versatility and commitment to excellence in the property sector.