BFM Podcast

MAG Holdings: From China Oils To Sabah Prawns

Tan KW
Publish date: Thu, 05 Aug 2021, 10:55 AM
MAG Holdings: From China Oils To Sabah Prawns

05-Aug-21 08:00

Stephen Ng, Executive Chairman, MAG Holdings

Stephen Ng, Executive Chairman of Sabah-based aquaculture company MAG Holdings, is switching from its China-based edible oils business into prawn farming to serve high-growth export markets in the Asia-Pacific region, though the journey entails tough financial hurdles that need addressing.

Image credit: Shutterstock.com & MAG Holdings

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