2291.KL KLS

Genting Plantations Berhad operates primarily in Malaysia and Indonesia, focusing on oil palm cultivation. The company diversifies its business interests into property development and investment, advanced genomics research and development, and various downstream manufacturing operations. Its operations are organized into key segments, including Plantation, Property, AgTech, Downstream Manufacturing, and other activities. Additionally, Genting Plantations provides a range of specialized services such as plant screening, property management, project management, financial services like money lending and hire purchase, and technical support. It also oversees a Sukuk debt securities program. A significant part of its activities includes the research, development, and production of critical oil palm planting materials, alongside the manufacturing and distribution of biodiesel and other palm oil derivatives. The company is also committed to the research, development, and market introduction of agricultural products, seeds, and fertilizers, as well as the processing of fresh fruit bunches and the refining and sale of palm oil products. Established in 1977, and formerly known as Asiatic Development Berhad, the company is headquartered in Kuala Lumpur, Malaysia, and functions as a subsidiary of Genting Berhad.