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Developer profile · KPKT records

Magna Prima (Magna Prima Berhad)

Last updated 28 Oct 2026
Who is Magna Prima?

Magna Prima Berhad, a property developer listed on Bursa Malaysia's Main Market (MAGNA, 7617), has 6 housing projects in the KPKT register under four of its subsidiaries: 4 completed between 2009 and 2014, 1 under construction (Armani Residence @ Kepong) and 1 with the permit cancelled; none is classed Sick or Abandoned. Incorporated in 1995, it listed in 1997.

  • 6 projects in the KPKT register
  • 4 completed
  • 1 under construction
  • 1 with the permit cancelled
  • None Sick or Abandoned

Has Magna Prima handed over on time? What the KPKT register shows

KPKT's TEDUH register (as at 27 Oct 2026) lists 6 housing projects under 4 Magna Prima companies in 2 states: 4 completed, 1 under construction, 1 with the permit cancelled. None is classed Sick (Sakit) or Abandoned (Terbengkalai).

No project has a KPKT-approved extension of the delivery period.

Completed projects — most recent first

Project (KPKT name)AreaUnitsHandover deadlineCCC / handoverAgainst deadline
SERI JALILKPKT 11414-1Kuala LumpurWP Kuala Lumpur107—CCC 4 Jan 2014—
U1 SHAH ALAMKPKT 10699-1PetalingSelangor378—CCC 21 Jul 2011—
MAGNAVILLE SELAYANGKPKT 6820-7GombakSelangor1,074—CFO 11 May 2010—
METRO PRIMAKPKT 6820-6Kuala LumpurWP Kuala Lumpur252—CFO 10 Feb 2009—

Under construction

Project (KPKT name)AreaUnitsKPKT statusHandover deadlineProgress
RESIDENSI ARMANI KEPONGKPKT 6820-8Armani Residence @ Kepong · on PropertySifuKuala LumpurWP Kuala Lumpur306SmoothOn schedule1 Jun 20271st sale agreement 1 Jun 202495%

Permit cancelled or other KPKT status (1)

Project (KPKT name)AreaUnitsKPKT statusHandover deadlineProgress
THE VIEW RESIDENCESKPKT 14722-1PetalingSelangor315Permit cancelledPermit cancelled—2%

Deadlines are counted from each project's first sale agreement, as KPKT records them; buyers who signed later have later deadlines. CCC = Certificate of Completion and Compliance; CFO = Certificate of Fitness for Occupation.

Magna Prima at a glance

ListedBursa Malaysia Main Market · MAGNA (7617) · listed 16 January 1997[1][2]
StartedIncorporated in Malaysia on 5 December 1995[2]
Head officeSeksyen U1, Shah Alam, Selangor (business address)[1]
LeadershipDato' Sri Hj Wan Adnan bin Wan Mamat — Independent Non-Executive Chairman (since 29 November 2023)[1]
Dato' Seah Ley Hong — Managing Director (since 20 November 2024)[1]
Companies in the KPKT registerMAGNA PARK SDN. BHD. KPKT 6820[1]
MAGNA SHAH ALAM SDN. BHD. KPKT 10699[1]
PERMATA JUANG (M) SDN. BHD. KPKT 11414[1]
MAGNA CITY SHAH ALAM SDN. BHD. KPKT 14722[1]
Websitemagnaprima.com.my
Largest shareholdersHallson Holdings Sdn Bhd 54.96%; Prisma Pelangi Sdn Bhd 20.12% (31 March 2026)[1]
Link with the Armani GroupArmani Hallson KLCC on Jalan Ampang: Magna Prima owns the land and the Armani Group holds the development rights; Magna Prima calls it a joint venture[4][1]
Land in planningAbout 20 acres in Seksyen 15, Shah Alam (Lot PT12), at the planning and approval stage with partner OCR Avenue Sdn Bhd (2025 annual report)[1]
Regions (company website)Ipoh, Johor Bahru and the Klang Valley[2]

Magna Prima projects on sale on PropertySifu

Armani Residence @ Kepong

Kepong, Kuala Lumpur · From RM498,870
KPKT 6820-8: On schedule · handover deadline 1 Jun 2027

Who is Magna Prima? The company behind the projects

Magna Prima was incorporated in Malaysia on 5 December 1995 as a private company and took its present name when it was listed on Bursa Malaysia on 16 January 1997 [2]; it trades on the Main Market as MAGNA (7617) [1]. It is an investment holding company whose subsidiaries develop property and provide construction, trading and management services [2]. Its business address is in Seksyen U1, Shah Alam; the independent non-executive chairman is Dato' Sri Hj Wan Adnan bin Wan Mamat and the managing director, since 20 November 2024, is Dato' Seah Ley Hong [1].

At 31 March 2026, Magna Prima's largest shareholder was Hallson Holdings Sdn Bhd with 54.96%; Seah Ley Hong and Dato' Sri Wong Sze Chien are both deemed interested in that same 54.96% stake through Hallson Holdings, and Prisma Pelangi Sdn Bhd held 20.12% [1]. Wong is the group executive chairman of the Armani Group [4], and Magna Prima's 2025 annual report names him and Dato' Sri Azlan bin Azmi as directors of its subsidiary Magna Park Sdn Bhd [1]. On Jalan Ampang, Magna Prima owns the land of Armani Hallson KLCC and the Armani Group holds the development rights [4]; Magna Prima describes the project as a joint venture with Armani Hallson KLCC Sdn Bhd [1].

Armani Residence @ Kepong, the project on PropertySifu, is registered with KPKT under Magna Park Sdn Bhd, which Magna Prima owns through Magna Prima Development Sdn Bhd [1]. Magna Prima's 2025 annual report calls it the Kepong Phase 2D project, 306 serviced apartments on about 0.9 acres [1], and the Armani Group also lists it among its developments [5]. Magna Park's earlier KPKT projects are Metro Prima in Kuala Lumpur and Magnaville Selayang in Gombak, completed in 2009 and 2010.

The KPKT table and its totals cover only the four companies in Magna Prima's 2025 list of subsidiaries [1]. Two former subsidiaries also built housing projects: Magna City Development Sdn Bhd, deemed disposed of in August 2021, and Monetary Icon (M) Sdn Bhd, sold in May 2022 [3]; those projects are outside the table and are not part of the 6 projects above. The 2025 annual report also features Residensi Armani in Seksyen 13, Shah Alam, and a site of about 20 acres in Seksyen 15 planned with OCR Avenue Sdn Bhd [1]; neither is registered with KPKT under the subsidiaries counted here.

Frequently asked questions

Is Magna Prima a listed company?

Yes. Magna Prima Berhad trades on Bursa Malaysia's Main Market under the stock name MAGNA (7617) [1]; it was listed on 16 January 1997 [2].

Which company develops Armani Residence @ Kepong?

KPKT registers it under Magna Park Sdn Bhd (KPKT developer code 6820), which Magna Prima owns through Magna Prima Development Sdn Bhd [1]. The Armani Group lists the project among its developments [5]; its group executive chairman, Wong Sze Chien, is a director of Magna Park and is deemed interested in Magna Prima's 54.96% largest stake [1][4].

Has Armani Residence @ Kepong's handover deadline been extended?

Not according to KPKT. The project (6820-8, 306 serviced apartments, 39 storeys) had its first sale agreement on 1 June 2024 and a handover deadline of 1 June 2027, with no extension recorded. KPKT lists it as on schedule (Lancar) with reported construction progress of 95%.

Is Magna Prima part of the Armani Group?

They are separate companies. Magna Prima is listed on Bursa Malaysia, while the Armani Group's developer companies are private. They are linked through shareholders and projects: Armani's group executive chairman Wong Sze Chien and Magna Prima's managing director Seah Ley Hong are both deemed interested in the same 54.96% stake that Hallson Holdings holds in Magna Prima [1][4], and the two companies work together on Armani Hallson KLCC [4][1]. Armani's own KPKT companies are counted on the Armani Group page.

How many projects has Magna Prima completed?

In the KPKT register, 4 of the 6 projects under its current subsidiaries are completed: Metro Prima (252 units, CFO 10 February 2009), Magnaville Selayang (1,074 units, CFO 11 May 2010), U1 Shah Alam (378 units, CCC 21 July 2011) and Seri Jalil (107 units, CCC 4 January 2014). KPKT does not record sale-agreement dates or handover deadlines for these four, so on-time delivery cannot be checked against the register.

Does Magna Prima have any Sick or Abandoned projects?

No. As at 27 October 2026, none of the 6 projects under the four subsidiaries on this page is classed Sick (Sakit), Abandoned (Terbengkalai) or Late (Lewat). One, The View Residences in Petaling (14722-1, 315 units, Magna City Shah Alam Sdn Bhd), has the permit cancelled.

Sources and how we checked

  1. Housing project records: KPKT TEDUH register (teduh.kpkt.gov.my), data as at 27 Oct 2026. Sumber: TEDUH, KPKT — used under the Government Open Data Terms of Use 1.0.
  2. [1] Magna Prima Berhad Annual Report 2025 · Magna Prima Berhad · 2026-04 · accessed 28 Oct 2026
    https://drive.google.com/file/d/1P24LjO71YU-mIg0kklkX8YIvEfk-bgqR/view
  3. [2] Magna Prima Berhad — corporate website (company background) · Magna Prima Berhad · accessed 28 Oct 2026
    https://www.magnaprima.com.my/
  4. [3] Magna Prima Berhad Annual Report 2022 (note 7, investment in subsidiary companies: deemed disposal and disposals) · Magna Prima Berhad · 2023 · accessed 28 Oct 2026
    https://drive.google.com/file/d/1xklac22cKHM-R3PlfiSkQyhAIdWamwRD/view
  5. [4] Armani Group eyeing Hakka Restaurant land in KL at around RM5,000 psf, sources say · The Edge Malaysia · 23 Mar 2026 · accessed 28 Oct 2026
    https://theedgemalaysia.com/node/797091
  6. [5] Armani Residence Kepong · Armani Group · accessed 28 Oct 2026
    https://armanigroup.com.my/development/armani-residence-kepong/

Last updated 28 Oct 2026