May 24, 2017 11:29 AM ET

Food Products

Company Overview of Sime Darby Plantation Sdn Bhd

Company Overview

Sime Darby Plantation Sdn Bhd engages in oil palm and rubber plantation management, cultivation, and downstream activities, as well as agribusiness and food, and research and development activities. Its upstream operations include development of oil palm plantations, cultivation of oil palm, management of estates, cultivation of rubber, milling of fresh fruit bunches (FFB) for crude palm oil (CPO) and crude palm kernel oil; and downstream activities comprise manufacturing and distribution of oils and fats, oleochemicals, and palm oil-based biodiesel, as well as fast moving consumer goods for food, non-food, and agribusiness customers. The company also engages in research and development oper...

Main Block, Level 3

Plantation Tower

No.2, Jalan PJU 1A/7

Ara Damansara

Petaling Jaya,  47301

Malaysia

Founded in 2004

Phone:

60 3 7848 4000

Fax:

60 3 7848 4172

Key Executives for Sime Darby Plantation Sdn Bhd

Managing Director and Director
Age: 60
Chief Financial Officer
Head of Upstream Malaysia
Head of Upstream Indonesia
Head of Engineering
Compensation as of Fiscal Year 2016.

Sime Darby Plantation Sdn Bhd Key Developments

Sime Darby Plantation Sdn Bhd Reports Unaudited Earnings and Production Results for the Second Quarter Ended December 31, 2016

Sime Darby Plantation Sdn Bhd reported unaudited earnings and production results for the second quarter ended December 31, 2016. Profit before interest and tax was MYR 568 million against MYR 159 million a year ago. This was mainly due to higher average CPO price realised and better FFB production especially in Indonesia and Papua New Guinea. FFB production for the quarter was 4.873 million MT against 5.427 million MT a year ago. The lower FFB production was due to the reduction in mature hectares as the division accelerates its replanting exercise with better planting materials.

Recent Private Companies Transactions

Type
Date
Target
Spin-Off/Split-Off
January 26, 2017
--
Merger/Acquisition
October 6, 2016
Talisman Estate and Lian Seng Estate And Bintang Palm Oil Mill
 

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