Overview
Description
Magnum Bhd is a Malaysian company known for its primary focus in the gaming industry, particularly in the lottery sector. As a pioneer in the region, Magnum Bhd operates the country's first-ever private lottery business, offering various gaming products that cater to a diverse set of consumers seeking entertainment and chance-based opportunities. The company is integral to Malaysia's legal gaming scene, providing regulated gaming options that support government revenue through legitimate taxation channels.
One of the notable features of Magnum Bhd is its wide network of agents and self-operated outlets that ensure accessibility to its lottery offerings, thereby maintaining a robust consumer base across the nation. The company's operations support not only entertainment but also contribute to the economic fabric through employment and regulatory compliance.
Magnum Bhd plays a critical role in the financial markets by providing a non-cyclical revenue stream, reflecting the demand for its gaming products irrespective of broader economic conditions. As such, it remains a significant player in Malaysia's consumer discretionary sector, adding diversity and stability to the financial market landscape.
About
CEO
Employees
371
Address
Menara Multi-Purpose
35th Floor Capital Square No. 8, Jalan Munshi Abdullah
Kuala Lumpur, 50100
35th Floor Capital Square No. 8, Jalan Munshi Abdullah
Kuala Lumpur, 50100
Phone
60 3 2698 8033
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Gambling
Country
Malaysia
MIC code
XKLS