Basic HTML Version
Corporate
Profile
SARAWAK PLANTATION BERHAD
451377-P • Incorporated in Malaysia
Sarawak Plantation Berhad (SPB)
was incorporated
in Malaysia on 28 October 1997 as a private limited company under
the name of Sarawak Plantation Sdn. Bhd. and commenced business
in the same year. SPB was converted into a public company on 1
February 2000 and assumed its present name.
SPB was specially incorporated as the vehicle company for the
privatisation of Sarawak Land Development Board’s (SLDB) assets.
The privatisation of SLDB’s assets, comprising oil palm plantations,
milling facilities and related assets, was effected through the
transfer of SLDB’s assets to the SPB Group (comprising SPB and its
subsidiaries). With this privatisation, all principal assets of SLDB are
now owned and managed by SPB and certain of its subsidiaries.
SPB is one of the pioneer players in the oil palm industry in
Sarawak. Currently SPB has a total land bank of 49,893 hectares
of which 12,914 hectares is under the Native Customary Rights
(NCR) scheme.
[ 8 ]
SARAWAK PLANTATION BERHAD
ANNUAL REPORT 2012