Robin Lim's comment on MAGMA. All Comments
Robin Lim
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Magma has acquired LUMA Hotel along with four adjoining buildings in Kota Kinabalu to grow its hotel business

https://www.thestar.com.my/business/business-news/2026/03/05/magma-to-acquire-luma-hotel-and-buildings-for-rm609mil
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LH Song
Wah, Magma buying up Luma Hotel and buildings in KK, that's a pretty big move for their hotel biz
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Maverick
The company wants to tap into VM 2026 trend and extend it to East Malaysia too
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Yong Jun
The four contiguous buildings, comprising a total of 40 parcels of shop offices and retail shops, will be acquired from HKT Realty, Gamwon Properties, Zenith Everise and Upper Domain
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