Magnum Berhad is a company in

Malaysia Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...

known principally for commercial

gambling Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three el ...

. 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

. Magnum was converted to a public company in 1970 and was subsequently listed on the

Kuala Lumpur Stock Exchange The Kuala Lumpur Stock Exchange (KLSE; ms, Bursa Saham Kuala Lumpur) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in securities in Malaya. In 1937, it was re-registered as the Malayan ...

("KLSE") in the same year. However, it was de-listed on 2 July 2008 following the completion of a privatisation exercise. Magnum then reverted to be a private limited company and changed its name to the current one. Magnum was 51% owned by Multi-Purpose Holdings Berhad () through Magnum Holdings Sendirian Berhad and the remaining 49% is held by CVC Asia Pacific Limited. In June 2013, following a demerger exercise, Multi-Purpose Holdings Berhad sold off its non-gaming business to MPHB Capital Berhad and renamed Multi-Purpose Holdings Berhad to Magnum Berhad. Today Magnum is principally engaged in the gaming business in the Malaysian authorised

gaming Gaming may refer to: Games and sports The act of playing games, as in: * Legalized gambling, playing games of chance for money, often referred to in law as "gaming" * Playing a role-playing game, in which players assume fictional roles * Playin ...

industry. In September 2009, Magnum launched an extension of the successful 4Digit Classic game which introduced a ''pari-mutuel'' element into the game. This game was copyrighted by Magnum in 2013.

References

External links

Official Website
1975 establishments in Malaysia Companies listed on Bursa Malaysia Gambling companies of Malaysia {{malaysia-company-stub