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Incorporated in 1983, Magnus Energy Group Ltd. ("Magnus" or the "Company") was established as a sub-contractor undertaking electrical installations, and has taken significant strides in its transformation from an M&E company to an energy-related company with businesses involving oil and gas equipment distribution and coal mining activities in the Asia-Pacific. The key driver of this transformation was the acquisition of Mid-Continent Equipment Group Pte. Ltd in 2004 that marked Magnus' maiden venture into the oil and gas supply industry.

Magnus is positioning itself to be a leading regional producer of energy in addition to oil and gas equipment distribution in the Asia-Pacific region. The Company continually and concurrently looks to diversify its energy business activities to broaden its earnings base and re-engineer itself to explore new opportunities globally.

In July 2008, Magnus successfully listed its coal operations under APAC Coal Limited ("APAC"), on the Australian Stock Exchange. A subsidiary of Magnus, APAC is a coal exploration company and has a 30-year concession right to explore coal over 23,124 ha of land in East Kalimantan, Indonesia.

In August 2013, Magnus has taken a further step into coal mining by taking a minority stake in GCM Resources plc, a company listed in London Alternative Investment Market.

Magnus shall continue to expand its existing capabilities and to remain primarily involved in energy-related activities.