OVERVIEW
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Boustead Plantations Berhad (BPlant)
BPlant is one of Malaysia's prominent plantation companies and a subsidiary of Lembaga Tabung Angkatan Tentera (LTAT). We have over 100 years of plantation 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 (FFB), and the production and sale of crude palm oil (CPO) and palm kernel (PK). We also sell FFBs and provide mill design and consultancy services. We actively involved in oil palm agricultural and agronomic research through our associate company.
We own and manage a total of 42 oil palm plantation estates and 10 palm oil mills in Malaysia with 16 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 97,500 hectares (ha). Out of this total, the area under oil palm cultivation is approximately 72,200 ha comprising of 23,400 ha in Peninsular Malaysia, 38,500 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, plantation engineering services, marketing of plantation produce and agronomic research.
Whereas our involvement in the oil palm agricultural and agronomic research is through our associate company, Applied Agricultural Resources Sdn Bhd (AAR). AAR provides agronomic advisory services and commercial production of oil palm planting materials namely AA Hybrida IS, oil palm hybrid semi-clonal seeds, is produced through a pedigree of selected elite clonal Deli Dura and the Dumpy Yangambi AVROS pisifera. This pisifera is the combination of the highly successful and renowned dumpy characteristic of AAR’s previous hybrid (the Dumpy AVROS) with the high bunch number characteristics of the Yangambi AVROS. The end result is an oil palm variety with 22% more oil yield compared to AAR’s previous AA DxP planting materials. For more information on AA Hybrida IS, please visit AAR website.
The Group's commitment to pursuing sustainable practices is ongoing. As of to date, the Roundtable on Sustainable Palm Oil certification has been obtained for 6 of 10 palm oil mills (POM) (i.e. Sungai Jernih POM, Nak POM, Trong POM, Segaria POM, Segamaha POM and Teluk Sengat POM). Meanwhile, all of our POM and estates are Malaysian Sustainable Palm Oil certified.