Our Business

In 2006, the Company disposed of its downstream wood product assets and operation to refocus on oil palm industry.  The Company is currently undertaking planting and development of 22,763 hectares of forest reserve land in the Luasong district, Tawau, Sabah, of which an estimated 13,000 hectares are suitable for oil palm plantings.

As at 31 December 2014, a total of 11,701 hectares have been planted of which 5,401 hectares are already matured and another 2,679 hectares are deemed to be matured on 1 January 2015.  A further 1,562 hectares will come into scout harvesting during the year. The company plans to plant up the balance of 1,315 hectares of plantable land in 2015. This will bring total hectarage to 13,016 hectares on completion of planting. The company has commissioned the 60/90 mt FFB/hr palm oil mill which commenced commercial operation on 18 December 2014. The oil extraction rates achieved during the initial months of operations were most encouraging.

The Company has in 2006 entered into a eco-logging extraction contract with Rakyat Berjaya Sdn Bhd (a subsidiary of Innoprise Corporation Sdn. Bhd., a major shareholder) to log 30,000 hectares of Kuamut Forest Reserve over a period of 10 years.  This operation is to provide medium term revenue and partial funding for the oil palm development project.