Company Sterling Plantations Limited

Sterling Plantations Limited is engaged in oil palm plantation development through Sterling Plantations Sdn Bhd, which is the investment holding company for its oil palm plantation development business. The Company also focuses on developing an oil palm mill through SPC Palm Mills Sdn Bhd. The Company is also engaged in the sale and marketing of grower plots. The Company's oil palm and growers scheme business involve the operation of an oil palm plantation, plantation development and cultivation of fresh fruit bunches (FFB). The Company has interests in Golden Palm Growers Berhad, a Malaysian company, which is engaged in developing an approximately 11,000 acre oil palm plantation in Malaysia. Golden Palm Growers operates Golden Palm Growers Scheme. The Company's subsidiary, SPC Palm Mills Sdn Bhd, is engaged in developing an oil palm mill.