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Boustead Holdings Berhad is a leading Malaysian conglomerate listed on the Bursa Malaysia.
The Armed Forces Fund Board (LTAT) is a major stakeholder of Boustead. The activities of the Group are grouped in five segments namely plantations, property, finance & investment, service, education and manufacturing & trading.
The Plantation Division of Boustead Holdings Berhad is one of the core contributors to the earnings of the Group. The Group's plantation assets are managed by Boustead Estates Agency Sdn Bhd (BEASB), a wholly owned subsidiary of Boustead Holdings Berhad. BEASB manages a total of more than 100,000 hectares of agriculture land, of which 85,000 hectares are owned by the Group while the remaining, on behalf of investors and other organizations. The Division™ plantations are located in various parts of Peninsular Malaysia, Sabah, Sarawak and Indonesia. Oil palm is the major crop forming 99% of land cultivated. For the marginal areas, the Group has also delved into forest plantations. As such, the Division is very much committed to efforts, which work towards protection of the environment as well as sustainable oil palm cultivation.
The Plantation Division is also involved in the provision of estates and mill consultancy services. The Engineering Department has to-date provided services to more than 60 palm oil mills, rubber factories and bulking installations.
Great emphasis is being placed on R&D. These efforts have resulted in the development of superior planting materials through modern genetic improvement techniques and GAPs through the use of precision agriculture techniques. These R&D efforts are undertaken through our associate Applied Agricultural Resources (AAR) Sdn Bhd.
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Last Updated on Tuesday, 13 March 2012 03:37 |
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