All Comments on MAGMA Reload

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Maverick
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Selangor state government has extended the "Visit Selangor Year" to 2025 to promote tourism and local experiences
https://www.bernama.com/tv/news.php/news.php?id=2487228
Wei Kang Chong
Yep, definitely gonna benefit to the hotel management segment in year 2026
Like · 2 days · translate
Robin Lim
Their hotels surely have high occupancy rate ~
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Xynegic
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Hotel check in , share price check in, wait and see
Han Xiang Low
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Look like price has been stabalized at the 0.300-0.320 range.
Wei Kang Chong
Indeed steady but still have to stay caution if drop any further below
Like · 1 week · translate
Xynegic
Technical finally stable already, monitor and keep
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Tai Chin Fang
3 Like · Reply
Hopefully it can retest 35 cents this week
Teh Yi Hao
Looks like got chance this week, gogo magma
Like · 4 days · translate
Wei Kang Chong
Yesterday gt huge buyer eat up but kena small volume throw down, I think gt chance to up back
Like · 3 days · translate
MK Heng
2 Like · Reply
https://www.facebook.com/share/r/1Bx87P2E3D/

200th outlet at Bkt Bintnag..
Datuk Wira at grand opening...real business ni
Wei Kang Chong
Ordered a drink and waited for 30 minutes :D
Like · 1 week · translate
Andrew Ho
Besides Bukit Bintang, they have also opened another flagship branch at Mid Valley KL

https://qsrmedia.asia/franchising/news/chagee-opens-two-flagship-outlets-in-malaysia
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Robin Lim
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Given Chagee’s rapid expansion and strong tourism, Magma should be able to turn a profit in the coming quarters
Wei Kang Chong
Hopefully they can make a solid turnaround
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Goh Thiam Huat
Expecting solid uptick in domestic tourism as once people take advantage of these incentives, hope Magma can capitalize on it
Like · 3 weeks · translate
Tom Lee
The engine going to start soon, Chagee 200 outlets officially open at Bukit Bintang today.
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Teh Yi Hao
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Magma Group Bhd (MAGMA) and KLCC Holdings Sdn Bhd are selling the 519-room Impiana KLCC hotel for RM315m to Harum Aspirasi, mostly owned by the Valiram family, which runs a luxury retail group. The announcement confirmed The Edge report in February this year that the hotel was up for sale. Magma is selling its 20% stake in Heritage Lane Sdn Bhd (which owns the hotel), while KLCC Holdings owns 80%. The sale price is above the RM300m market value.
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Koh SC
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Magma taking a rest and holding its ground, which is pretty normal after a big move. Let's see if strength can accumulate before the next push.
Tai Chin Fang
It has entered consolidation mode at the moment
Like · 3 weeks · translate
Robin Lim
1 Like · Reply
Magma and KLCC (Holdings) are selling their stakes in the Impiana KLCC Hotel to Harum Aspirasi Sdn Bhd for RM315 million. Magma’s portion from the sale is roughly RM63 million

https://www.nst.com.my/business/corporate/2025/10/1292128/magma-group-klcc-holdings-sell-impiana-klcc-hotel-stakes
Preveen Rajan
Looks like no impact.
Like · 3 weeks · translate