Malaysia's Magnum Obtains Indonesian License

KUALA LUMPUR, Malaysia – As reported by the Dow Jones: "Magnum Corp. Bhd., a Malaysian gaming company, Wednesday said it has obtained a license to operate gaming operations in Indonesia.

"In a statement to the Kuala Lumpur Stock Exchange, Magnum said its unit Magnum Investment Ltd. has been appointed as the sole manager for the development, management, marketing and promotion of a draw known as 'the Sports Welfare Game' in Indonesia.

"The game's participant can buy a ticket in conjunction with some sports events…"

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