About Magni-Tech
Magni-Tech is a publicly listed company based in George Town (Malaysia) founded in 1997. Garments are manufactured on a contract basis by Magni-Tech. The company has 1,070 employees. Magni-Tech offers products and services including Garments, Flexible Plastic Packaging, and Corrugated Packaging Products. Its focus areas include Retail, Contract Manufacturers, Fashion and Garments. Its legal entity is Magni-Tech Industries Berhad. Its competitors include SWS Capital Berhad, Furniweb and My-Sutera.
Company details
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.
- Headquarters George Town, Malaysia
- Employees 1,070
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website magni-tech.com.my
- Legal Name Magni-Tech Industries Bhd.
- Annual Revenue$352.64 M (USD)-5.57as on Apr 30, 2026
- Net Profit$30.61 M (USD)-12.43as on Apr 30, 2026
- EBITDA$39.65 M (USD)-5.79as on Apr 30, 2026
- Employee Count1,070
Products & Services of Magni-Tech
Magni-Tech offers a comprehensive portfolio of products and services, including Garments, Flexible Plastic Packaging, and Corrugated Packaging Products.
Manufactured clothing items for business supply chains.
Supplies of flexible plastic products for industrial applications.
Corrugated materials for packaging and shipping needs.
People of Magni-Tech
5 people are tracked at Magni-Tech (1 in leadership, 4 in board & advisors); the tracked headcount is 1,070.
| Name | Role | Group |
|---|---|---|
Tan Poay Seng | Managing Director | Leadership |
H’ng Cheok Seng | Director | Board & advisors |
Tan Poh Heng | Director | Board & advisors |
Cik Fera Fizani Binti Ahmad Fizri | Director | Board & advisors |
Tan Sri Dato’ Seri Tan Kok Ping | Executive Chairman | Board & advisors |
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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.
- IPO date18 Apr 2000
- Listed onKLSE: MAGNI
- Listed entityMagni-Tech Industries Bhd.
- Exchange sectorConsumer non-durables
- ISINMYL7087OO009
- Share price1.48 MYR · 2026-10-14
- Market capitalisation641,506,884.00 MYR
- Price to earnings5.6
- EPS (diluted, trailing year)0.27 MYR
- Dividend yield6.96%
- Volume (last session)112,600
Financials of Magni-Tech
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 1.40B MYR | 121.5M MYR | 157.4M MYR |
| 2024 | 1.49B MYR | 138.8M MYR | 167.1M MYR |
| 2023 | 1.34B MYR | 128.4M MYR | 147.6M MYR |
| 2022 | 1.21B MYR | 95.4M MYR | 111.3M MYR |
| 2021 | 989.0M MYR | 91.7M MYR | 87.6M MYR |
Detailed financial statements for Magni-Tech
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Competitors of Magni-Tech
Magni-Tech has 3 listed competitors in our database. They include SWS Capital Berhad, Furniweb and My-Sutera.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| swscap.com | 2003 | Shah Alam, Malaysia | Multiple sectors and manufacturing services are managed through investment holding. | |||
| furniweb.com.my | 1987 | Seri Kembangan, Malaysia | Manufacturer of slatted bed frame | |||
| mysuteragroup.com | 1995 | Shah Alam, Malaysia | Textile products are manufactured on contract in Shah Alam, Malaysia. |
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Related news about 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.
Magni-Tech has 1,070 employees.
Annual revenue of Magni-Tech is $352.64M as on Apr 30, 2026.
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 SWS Capital Berhad, Furniweb and My-Sutera.
Magni-Tech offers Garments, Flexible Plastic Packaging, and Corrugated Packaging Products.
Yes, Magni-Tech is publicly traded on MYX under the ticker symbol MAGNI.
Magni-Tech operates through Magni-Tech Industries Berhad.