Hap Seng Plantations Holdings Stock

Hap Seng Plantations Holdings Berhad is a Malaysia-based oil palm plantation company. The Company is focused on the upstream activities in the palm oil industry where it grows oil palms in its estates, harvests and processes fresh fruit bunches (FFB) into crude palm oil (CPO) in its own mills. The Company produces sustainable palm oil in Sabah with a landbank of approximately 39,103 hectares across five estates. These estates are the Jeroco Group of Estates (JGOE), Tomanggong Group of Estates (TMGOE), Sungai Segama Group of Estates (SSGOE), Ladang Kawa Estate, Pelipikan and Kota Marudu Estates. Its milling operations are undertaken by four mills with a combined milling capacity of approximately 180 FFB tons per hour. Its mills include Jeroco Palm Oil Mill 1, Jeroco Palm Oil Mill 2, Tomanggong Palm Oil Mill and Bukit Mas Palm Oil Mill. Its subsidiaries include Hap Seng Plantations (Ladang Kawa) Sdn. Bhd., Jeroco Plantations Sdn. Bhd. and Hap Seng Plantations (Wecan) Sdn. Bhd.