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March 29, 2015 8:59 AM ET

Food Products

Company Overview of Pinehill Pacific Berhad

Company Overview

Pinehill Pacific Berhad, an investment holding company, engages in the oil palm cultivation and processing in Malaysia and Indonesia. The company offers fresh fruit bunches, crude palm oil, palm kernel, and other oil palm products. As of June 30, 2014, it had approximately 3,438 hectares of planted areas in Malaysia; and 8,564 hectares of planted areas in Indonesia. The company was formerly known as Multi Vest Resources Berhad and changed its name to Pinehill Pacific Berhad in January 2011. Pinehill Pacific Berhad was founded in 1917 and is based in Teluk Intan, Malaysia.

Batu 7

Jalan Changkat Jong

Teluk Intan,  36008

Malaysia

Founded in 1917

Key Executives for Pinehill Pacific Berhad

Pinehill Pacific Berhad does not have any Key Executives recorded.

Pinehill Pacific Berhad Key Developments

Pinehill Pacific Berhad Announces Production Results for the Month of February 2015

Pinehill Pacific Berhad announced production results for the month of February 2015. For February 2015, the company reported Crude Palm Oil production of 667.46 MT and Palm Kernel production of 174.00 MT.

Pinehill Pacific Berhad Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2014

Pinehill Pacific Berhad reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company has posted revenue of MYR 6,145,000 against MYR 9,028,000 a year ago. Loss before tax was MYR 200,000 against MYR 6,191,000 a year ago. Loss for the period attributable to owners of the parent was MYR 44,000 against MYR 6,468,000 a year ago. Basic loss per share was 0.03 sen against 4.32 sen a year ago. For the six months, the company has posted revenue of MYR 14,722,000 against MYR 17,314,000 a year ago. Loss before tax was MYR 3,660,000 against MYR 24,098,000 a year ago. Loss for the period attributable to owners of the parent was MYR 3,231,000 against MYR 20,420,000 a year ago. Basic loss per share was 2.16 sen against 13.63 sen a year ago. Net cash generated from operating activities was MYR 3,543,000 against MYR 20,427,000 a year ago.

Pinehill Pacific Berhad Announces Resignation of Wong Lay See as Company Secretary

Pinehill Pacific Berhad announced the resignation of Wong Lay See as company secretary with effect from February 24, 2015.

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To contact Pinehill Pacific Berhad, please visit www.pinepac.com.my. Company data is provided by Capital IQ. Please use this form to report any data issues.

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