1991 |
Commenced palm oil business in West Kalimantan |
1992 |
Set up our first plantation nursery |
1993 |
Received Hak Guna Usaha for 5,477 ha for palm oil cultivation |
1993 - 1998 |
Bulk of planting, amounting to approximately 8,696 ha, including Plasma Programme, was done during this period. |
1994 |
Obtained Hak Guna Usaha for another 10,602 ha |
1996 |
Entered the Plasma Programme |
1997 |
Completed mill with FFB processing capacity of 40 tons/hour; First sale of CPO in Dec 1997 |
2000 |
Entered the Plasma Programme |
2007 |
Between 1997 and 2007, an additional 3,296 ha of land was cultivated |
2008 |
Increased FFB processing capacity to 60 tons/hour |
2009 |
Total land bank as at 30 Sep 2009 of 16,079 ha |
2010 |
Successfully listed on the Main Board of the Singapore Exchange in April; Received approval from Roundtable on Sustainable Palm Oil to be a member in May |
2011 |
Added 951 ha of new plantings in 2011; increasing its total planted area to 13,180 ha as at 31 December |
2012 |
Obtained a land location permit for 7,170 ha of land in Muara Lesan Village and Lesan Dayak Village, both located in Berau Regency, East Kalimantan, Indonesia. The permit was issued by the provincial government of East Kalimantan and is valid for two years with effect from 21 March 2012 |
2013 |
Obtained Environmental Impact Assessment (Amdal) approval for the 7,170 ha of land in Muara Lesan Village and Lesan Dayak Village both located in Berau Regency, East Kalimantan, Indonesia. |
2014 |
Obtained a land location permit for 6,546 ha of land
in sub-districts of Ngabang and Jelimpo, both located
in Landak Regency, West Kalimantan, Indonesia.
The permit was issued by the Regency Government
of West Kalimantan and is valid for three years with
effect from 16 December 2014 |
2016 |
Increased
its total planted
area to 13,480 ha and
successfully replanted
1,009 ha of its matured
plantation of over
24 years, as at
31 December |
2017 |
Improved our
FFB yield to 17.7
tonnes/ha and
successfully cleared
approximately 619
ha of our matured
plantation of
over 23 years for
replanting, as at 31
December |
2019 |
Successfully
completed the
acquisition of PT
Bumi Raya Agro,
which holds a
location permit
of approximately
10,100 ha of oil
palm plantation.
1,231 ha replanted
in FY2019 |
2020 |
Successfully
completed the
acquisition of PT
Cemaru Lestari.
Total land bank
(including plasma)
at 43,348 ha as at
31 December 2020 |
2021 |
Successfully
completed the
purchase of office
space in the
Sudirman Central
Business District at
Jakarta |