Product Description

IOI Group ventured into oil palm plantation business in ***3. Today, the Group has *9 estates with total plantation area at **7,**5 hectares with *9% of the estates' planted area being planted with oil palm. Approximately *8% of the Group's plantation holdings are in the state of Sabah with the remaining *2% in Sarawak and Peninsular Malaysia, mainly in the central and southern parts of the Peninsular. The Group's plantation produce are principally processed by its own *2 palm oil mills with an annual milling capacity of approximately 3,**0,**0 tonnes of fresh fruit bunches. The Group's plantation business strong growth in a short span of *3 years since ***3 was achieved not just through acquisitions whenever opportunities arises, but also because of its distinctive plantation management practices that emphasise greatly on continuous improvement in yields and in cost efficiencies which enable us to be one of the most cost effective producers in the industry. Its achievement on productivity is the result of years of concerted effort and commitment to good plantation management practices.