Listed on the Mainboard of the Singapore Exchange on 29 April 2010, Global Palm Resources Holdings Limited (“Global Palm Resources”) is an Indonesia-based oil palm producer. The Group is primarily involved in the sales of fresh fruit bunch and in the cultivation, harvesting and processing of oil palm fruit into Crude Palm Oil (“CPO”) and Palm Kernel (“PK”) for sale.
Global Palm Resource’s plantations and mill is strategically located in West Kalimantan, East Kalimantan and Central Sulawesi, Indonesia, where the climatic conditions are highly suitable for oil palm cultivation. Since its founding in 1991, the Group total land bank (including plasma) has grown to 43,349 hectares (“ha”), of which about 35.0% is under cultivation. As at 31 December 2022, approximately 92.8% of the Group’s oil palms are in mature production stage.
Sustainable development is an integral part of our business and it is embedded in the way we operate. We are dedicated to improving the living conditions as well as quality of life of the local communities around us, and are also actively contributing in the areas of education, social, and cultural welfare.
Since 26 May 2010, the Group became an ordinary member of the Roundtable of Sustainable Palm Oil, a not-for-profit association which promotes the production and use of palm oil in a sustainable manner.
Overview of Global Palm Resources as at 31 December 2022
