FSRCY OTC

First Resources Limited operates as an investment holding company primarily focused on extensive palm oil production. Its operations span various global regions, including Singapore, Indonesia, Europe, and China, among other international markets. The company's business model is divided into two core segments: Plantations and Palm Oil Mills, and Refinery and Processing. In its initial stages, the company manages the cultivation and upkeep of oil palm plantations, followed by the harvesting and milling of fresh fruit bunches to yield crude palm oil (CPO) and palm kernel (PK) products. Further along the value chain, First Resources processes this CPO and PK into a diverse array of advanced palm-based products. These include biodiesel, palm kernel oil, palm kernel expeller, as well as refined, bleached, and deodorized (RBD) olein and RBD stearin. Beyond its core palm oil activities, the company also maintains an involvement in rubber cultivation. First Resources oversees significant agricultural land, managing approximately 212,208 hectares dedicated to oil palm and an additional 6,321 hectares for rubber plantations. Founded in 1992 and headquartered in Singapore, First Resources Limited operates as a subsidiary under Eight Capital Inc.