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Company Looks Forward to Fresh Business Development Opportunities Following Court’s Decision KUALA LUMPUR, Jan 10, 2024 – (ACN Newswire) – Magma Group Berhad (“Magma” or the “Company”), a dynamic investment holding group, today announced a significant development in the Company’s ongoing legal proceedings. During the Case Management held on 9 January 2024, the Court granted permission for Public Bank Berhad (“the Plaintiff”) to withdraw the Suit against the Defendants, which includes Astaka Mekar Sdn Bhd, a wholly-owned subsidiary of Magma. This withdrawal is executed with the liberty to file …

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