Corporate Profile
SARAWAK PLANTATION BERHAD
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09
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Annual Report 2014
Sarawak Plantation Berhad (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 in 1997 through the transfer
of SLDB’s assets to SPB Group (comprising SPB
and its subsidiaries). With this privatisation, all
principal assets of SLDB are 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 the Group has a total
land bank of 41,403 hectares (ha) of which 2,128 ha
is under the Native Customary Rights (NCR) scheme.
SPB, through its wholly owned subsidiary, Sarawak
Plantation Agriculture Development Sdn Bhd (SPAD),
owns sixteen (16) oil palm estates with a total
planted area of 31,231 ha as at 31 December 2014.
Further, in response to the State Government’s
policy on NCR land development, SPB, through its
subsidiary, SPB PELITA Suai Sdn Bhd (SP Suai), has
in the year 1999/2000 developed and fully planted
1,855 ha of NCR land in Sarawak with oil palms.
SPAD also owns 2 palm oil mills, with a total operating
capacity of 150 mt/hour, located at Niah and
Mukah, respectively.
The core business activities of SPB Group are:
n
Development, cultivation and management of oil
palm plantations on a large scale.
n
Milling of fresh fruit bunches (FFB) into crude
palm oil (CPO) and palm kernel (PK).
n
Plantation management services.
n
Strategic investment to develop NCR land into oil
palm plantations.
n
Operation of a seed production unit supplying
high yielding seeds and seedlings.
n
Cattle integration
n
Providing laboratory and technical services for the
oil palm industry.
