Boustead Plantations Berhad Information

Boustead Plantations Berhad ("BPB") is one of the most experienced and established upstream oil palm plantation company in Malaysia and a subsidiary of Boustead Holdings Berhad ("BHB"), one of Malaysia's oldest and largest diversified conglomerates. Backed by BHB's presence in the plantations business, we have over 100 years of plantations industry experience and over 50 years of oil palm plantation estate management experience. We are an investment holding company and are involved in the ownership of oil palm plantations. Through our subsidiaries, we are principally involved in the ownership and management of oil palm plantations, cultivation of oil palm and harvesting of its Fresh Fruit Bunches ("FFBs"), and the production and sale of Crude Palm Oil ("CPO") and Palm Kernel ("PK"). We also sell oil palm FFBs and provide mill design and consultancy services. We are also actively involved in oil palm agricultural and agronomic research through our associate company. We own a total of 45 oil palm plantation estates and 10 palm oil mills in Malaysia with 19 plantation estates in Peninsular Malaysia, 20 in Sabah and 6 in Sarawak. We own and operate 3 palm oil mills in Peninsular Malaysia, 5 in Sabah and 2 in Sarawak. Our total landbank stands approximately at 98,200 Ha. Out of this total, the area under oil palm cultivation is around 73,500 Ha comprising of 24,100 Ha in Peninsular Malaysia, 39,100 Ha in Sabah and 10,300 Ha in Sarawak. Our involvement in the plantations business is carried out via our wholly-owned subsidiary, Boustead Estates Agency Sdn Bhd ("BEA"), a central agency which provides a range of services such as the management of all plantation activities within our Group, plantation advisory services for oil palm and rubber crops, plantation engineering services, marketing of plantation produce and agronomic research.