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
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