Our Business

Business Overview

The Group is principally involved in cultivation of oil palm, processing of Fresh Fruits Bunches (“FFB”) to produce crude palm oil (“CPO”) and palm kernel (“PK”). The Group is presently undertaking planting and development on 22,763 hectares of land of which approximately 12,500 hectares are suitable for oil palm planting. Plantation operation is organised under six (6) estates, namely Imbak, Gunung Rara, Labau, Maliau, Lokan and Luasong estates and one (1) palm oil mill with capacity of 60/90 MT FFB per hour. All are located in the locality of Gunung Rara/Kalabakan, Sabah.

The Group has obtained its Malaysian Sustainable Palm Oil (“MSPO”) certification on 21 June 2019. The Group is also a member of the Roundtable for Sustainable Palm Oil (“RSPO”) and is committed to becoming an environmental and community friendly organisation.

Plantation Operations

Area statement

2020 (Ha) 2019 (Ha) 2018 (Ha) 2017 (Ha)
Oil Palm
Mature
11,505
11,260
11,074
10,701
Immature
753
948
916
1,363
Total
12,258
12,208
11,990
12,064
Laran Tree
Planted
568
-
-
-
Total
568
-
-
-
Others
9,937
10,555
10,773
10,699
Total Area
22,763
22,763
22,763
22,763

Oil Palm Maturity Profile

Imbak Estate (Ha) Labau Estate (Ha) Maliau Estate (Ha) Lokan Estate (Ha) Luasong Estate (Ha) Gunung Rara Estate (Ha) Total (Ha)
Immature
6
96
-
553
81
17
753
Young Mature
138
55
175
617
912
161
2,058
Prime Mature
1,665
2,155
1,917
1,130
1,278
1,302
9,447
TOTAL
1,809
2,306
2,092
2,300
2,271
1,480
12,258

Palm Oil Mill Operations

The Group operates a 60/90 MT FFB per hour palm oil mill which commenced commercial operation on 17 December 2014.

Mill processing statistics

2020 2019 2018 2017
FFB Processed (MT)
241,106
229,918
208,021
194,310
Mill Production (MT)
- CPO
52,083
52,394
52,394
44,758
- PK
7,701
8,016
7,317
6,779
Extraction Rates (%)
- CPO
21.60
22.79
22.37
23.03
- PK
3.19
3.49
3.52
3.49
Average Selling Price (RM/MT):
- CPO
2,702
2,086
2,177
2,742
- PK
1,518
1,183
1,714
2,458
Sales Volume (MT)
- CPO
52,920
51,940
46,328
44,100
- PK
7,773
7,962
7,304
6,658