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MAGNI-TECH

magni-tech-land-acquisition

Tanjong Bungah beachfront land snapped up by Magni-Tech for RM133 million

Magni-Tech Industries Bhd, best known for its garment manufacturing and packaging products, is making a bold pivot into property development with the acquisition of a prime 4.7-acre beachfront parcel in Tanjong Bungah, Penang, for RM133.33 million cash. The 4.7-acre freehold site priced at approximately RM649 per square foot, sits adjacent ... Read More