Magni-Tech

George Town, Malaysia Founded: 1997 • Age: 29 yrs
Garments are manufactured on a contract basis by Magni-Tech.
Annual revenue $345.3M Latest available
Total funding - Funding intelligence
Employees 1070 Tracked headcount
Investors - Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Magni-Tech

Magni-Tech is a company based in George Town (Malaysia) founded in 1997. The company has 1,070 employees as of April 30, 2024. Magni-Tech offers products and services including Garments, Flexible Plastic Packaging, and Corrugated Packaging Products. Magni-Tech operates in a competitive market with competitors including SWS Capital Berhad, Furniweb, My-Sutera, DXN and ES Ceramics, among others.

  • Headquarter George Town, Malaysia
  • Employees 1070 as on 30 Apr, 2024
  • Stage Public
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Legal Name Magni-Tech Industries Bhd.
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $345.31 M (USD)
    10.77
    as on Apr 30, 2025
  • Net Profit
    $32.16 M (USD)
    8.07
    as on Apr 30, 2025
  • EBITDA
    $38.73 M (USD)
    13.22
    as on Apr 30, 2025
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    1070

    as on Apr 30, 2024

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IPO & Listings of Magni-Tech

Magni-Tech is a publicly listed company on the MYX with ticker symbol MAGNI in Malaysia, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: MYX · Ticker: MAGNI · Sector: Consumer non-durables · Malaysia

Products & Services of Magni-Tech

Magni-Tech offers a comprehensive portfolio of products and services, including Garments, Flexible Plastic Packaging, and Corrugated Packaging Products.

Product name locked
Category locked
Primary

Manufactured clothing items for business supply chains.

Product name locked
Category locked
Locked

Supplies of flexible plastic products for industrial applications.

Product name locked
Category locked
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Corrugated materials for packaging and shipping needs.

People of Magni-Tech

Headcount 500-1000
Employee Profiles 1
Board Members and Advisors 4
Employee Profiles
People
Tan Poay Seng
Managing Director

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Teams

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Funding Insights of Magni-Tech

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Detailed funding history for Magni-Tech

Round names, dates, amounts, investors, and valuation history require an active premium plan.

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  • Funding amounts
  • Participating investors
  • Valuation history

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Investments & Acquisitions by Magni-Tech

Investments
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Investment portfolio details for Magni-Tech

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  • Transaction dates
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Financial Statements - Magni-Tech

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Detailed financials for Magni-Tech

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  • Profit trends
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Magni-Tech Comparisons

Magni-Tech Primary company
Description
Garments are manufactured on a contract basis by Magni-Tech.
Location
George Town, Malaysia
Founded Year
1997
Annual Revenue
$345.31 M (USD)
Net Profit
$32.16 M (USD)
EBITDA
$38.73 M (USD)
Employees
1,070
As of 2024
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Peer comparison for Magni-Tech

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Competitors of Magni-Tech

Magni-Tech operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SWS Capital Berhad, Furniweb, My-Sutera, DXN and ES Ceramics, among others.

Company Name Domain Founded year HQ Location Description
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Multiple sectors and manufacturing services are managed through investment holding.
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Manufacturer of slatted bed frame
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Textile products are manufactured on contract in Shah Alam, Malaysia.
Locked Locked Locked
Herbal products are manufactured by DXN in Turkey.
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Ceramic formers for examination, surgical, and industrial uses are produced.
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Detailed competitors of Magni-Tech

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Latest news on Magni-Tech

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Complete news archive for Magni-Tech

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Frequently Asked Questions about Magni-Tech

Magni-Tech was founded in 1997.

Magni-Tech is headquartered in George Town, Malaysia. It is registered at George Town, Penang, Malaysia.

As of Apr 30, 2024, the latest employee count at Magni-Tech is 1,070.

Annual revenue of Magni-Tech is $345.31M as on Apr 30, 2025.

Magni-Tech was established in 1997 as a contract-based manufacturer in the garments sector. Operations are centered in George Town, Malaysia, where production of apparel is handled for various clients. The company is led by Managing Director Tan Poay Seng. Focus remains on garment manufacturing services, with activities conducted primarily in the Malaysian market. Domain resources are accessible via magni-tech.com.my for further details.

Magni-Tech's top competitors include DXN, SWS Capital Berhad and ES Ceramics.

Magni-Tech offers Garments, Flexible Plastic Packaging, and Corrugated Packaging Products.

Yes, Magni-Tech is publicly traded on MYX under the ticker symbol MAGNI.

The ticker symbol of Magni-Tech is MAGNI on MYX.

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