Company Profile

Genting Plantations Berhad, together with its subsidiaries, engages in the oil palm plantation, property development and investment, genomics research and development, and downstream manufacturing activities in Malaysia and Indonesia. It operates through Plantation, Property, AgTech, Downstream Manufacturing, and Others segments. The company also engages in the research, development, and production of oil palm planting materials; manufacture and sale of downstream palm oil derivatives; processing of fresh fruit bunches; refining and selling of palm oil products; and research, development, commercialization, and trading of agricultural products, seeds, and fertilizers. In addition, it provides plant screening, technical, management, property management, project management, and money lending services. Further, the company engages in investment holding services, agricultural activities for crop production that include growing and post-harvest activities; hire-purchase business; manufacture and sale of biodiesel; development, ownership, and management of outlet shopping centers; wholesale of vegetables and fruits; biogas power plant operation for the generation and sale of electricity; and issuance of debt securities under Sukuk programmes. Genting Plantations Berhad was formerly known as Asiatic Development Berhad and changed its name to Genting Plantations Berhad in June 2009. The company was incorporated in 1977 and is headquartered in Kuala Lumpur, Malaysia. Genting Plantations Berhad operates as a subsidiary of Genting Berhad.