Magnum Corporation
Encyclopedia
Magnum Corporation Sendirian Berhad is a company in Malaysia known principally as a leader in gaming
.
Formerly known as Magnum Corporation and Magnum Corporation Berhad, the company was incorporated in December 1968 and was the first private company to be granted a license to promote, operate and manage 4-digit numbers forecast betting in Malaysia. Magnum was converted to a public company in 1970 and was subsequently listed on the Kuala Lumpur Stock Exchange
("KLSE") in the same year.
Today Magnum is principally engaged in the gaming business, being the pioneer and market leader in the Malaysian authorised gaming
industry. Besides gaming, Magnum has also involved in property
and leisure
, overseas investments, printing
and information technology
, but it announced its intention to discontinue these services as of late 2009.
Gambling
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...
.
Formerly known as Magnum Corporation and Magnum Corporation Berhad, the company was incorporated in December 1968 and was the first private company to be granted a license to promote, operate and manage 4-digit numbers forecast betting in Malaysia. Magnum was converted to a public company in 1970 and was subsequently listed on the Kuala Lumpur Stock Exchange
Kuala Lumpur Stock Exchange
The Kuala Lumpur Stock Exchange dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in securities in Malaya...
("KLSE") in the same year.
Today Magnum is principally engaged in the gaming business, being the pioneer and market leader in the Malaysian authorised gaming
Gambling
Gambling is the wagering of money or something of material value on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods...
industry. Besides gaming, Magnum has also involved in property
Property
Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...
and leisure
Leisure
Leisure, or free time, is time spent away from business, work, and domestic chores. It is also the periods of time before or after necessary activities such as eating, sleeping and, where it is compulsory, education....
, overseas investments, printing
Printing
Printing is a process for reproducing text and image, typically with ink on paper using a printing press. It is often carried out as a large-scale industrial process, and is an essential part of publishing and transaction printing....
and information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...
, but it announced its intention to discontinue these services as of late 2009.
External links
- Magnum Corporation official website