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TSH Resources
TSH Resources Berhad is a holding company from Kuala Lumpur, Malaysia. It primarily engages in cultivating, processing, and refining oil palm. Other operations include segment manufactures and sale of downstream wood products. Furthermore, it operates a forest management unit, it manufactures, sells, and trades cocoa products and generates and supplies electricity from biomass plants. Tan Aik Sim is its management director, Loh Toi Meei its chief financial officer and Tan Aik Yong its executive director. Its revenue is MYR 1.05bn, its net income MYR 70.57m and its number of employees 2.09k (all as of 2018). It is active in Central Kalimantan, Central Kalimantan, and West Sumatra in Indonesia and Sabah in Malaysia. It claims to have received a sustainable forest management license from the state government of Sabah to manage 300,000 acres of forest for 100 years. It supplies crude palm oil and palm kernel to Musim Mas Musim Mas (Musim Mas Group) operates globally acro ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Palm Kernel
The palm kernel is the edible seed of the oil palm fruit. The fruit yields two distinct oils: palm oil derived from the outer parts of the fruit, and palm kernel oil derived from the kernel. The pulp left after oil is rendered from the kernel is formed into "palm kernel cake", used either as high-protein feed for dairy cattle or burned in boilers to generate electricity for palm oil mills and surrounding villages. Uses Palm kernel cake is most commonly produced by economical screw press, less frequently via more expensive solvent extraction. Palm kernel cake is a high-fibre, medium-grade protein feed best suited to ruminants. Among other similar fodders, palm kernel cake is ranked a little higher than copra cake and cocoa pod husk, but lower than fish meal and groundnut cake, especially in its protein value. Composed of 16% fiber, palm kernel cake also has a high phosphorus-to-calcium ratio and contains such essential elements as magnesium, iron, and zinc. The typical rati ...
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Palm Oil Production In Malaysia
Palm oil production is vital for the economy of Malaysia, which is the world's second- largest producer of the commodity after Indonesia. The Malaysian Palm Oil Board (MPOB) is a government agency responsible for the promotion and development of the palm oil sector in the country. The country's palm oil industry produces about 90 million tonnes of lignocellulosic biomass, including empty fruit bunches, oil palm trunks, and oil palm fronds, as well as palm oil mill effluent (POME). In 2010, in response to concerns about social and environmental impact of palm oil, the Malaysian Government pledged to limit palm oil plantation expansion by retaining at least half of the nation's land as forest cover. History British Malaya Palm oil trees were introduced to British Malaya by the British government in early 1870s as ornament plants from Eastern Region and The Oil River Protectorate, Nigeria, West Africa. The first commercial palm oil cultivation was done in Selangor in 1917 at Te ...
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Companies Based In Kuala Lumpur
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Roundtable On Sustainable Palm Oil
The Roundtable on Sustainable Palm Oil (RSPO) was established in 2004 with the objective of promoting the growth and use of sustainable palm oil products through global standards and multistakeholder governance model, multistakeholder governance. The seat of the association is in Zurich, Switzerland, while the secretariat is currently based in Kuala Lumpur, with a satellite office in Jakarta. RSPO currently has 4,706 members from 94 countries. 51,999,404 metric tonnes of palm oil produced in 2016 was RSPO certified. Criticisms The RSPO has been criticised by various sectors, especially the environmental NGOs. Issues include the impact of palm oil plantations on the orangutan population; rainforest destruction, destruction of tropical forest for the new oil palm plantations; the burning and draining of large tracts of peat swamp forest in Borneo, Malaysia. The fact that RSPO members are allowed to clear cut pristine forest areas, when there are large areas of grasslands available ...
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Wilmar International
Wilmar International Limited (); is a Singaporean food processing and investment holding company with more than 300 subsidiary companies. Founded in 1991, it is one of Asia's leading agribusiness groups alongside the COFCO Group. It ranks amongst the largest listed companies by market capitalisation on the Singapore Exchange (SGX), being the second largest as of September 2010. It was ranked 211th in the Fortune Global 500 list in 2020. It was ranked 3rd in the World's Most Admired Company (Food Production) by ''Fortune'' in 2019. Wilmar International business activities include oil palm cultivation, edible oils refining, oilseeds crushing, consumer pack edible oils processing and merchandising, specialty fats, oleochemicals, and biodiesel manufacturing, grains processing and merchandising, and sugar milling and refining. In 2021, Wilmar placed 2nd on FoodTalks' Global Top 30 Specialty Oil Companies list. It has over 500 manufacturing plants and an extensive distribution network c ...
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Sarana Prima Multi Niaga
Sarana may refer to: People * Alexey Sarana (born 2000), Russian chess grandmaster Places * Sarana, Bazèga, Burkina Faso * Sarana Bay, Attu Island, Aleutian Islands, Alaska * Sarana Pass, Attu Island, Aleutian Islands, Alaska * Sarana, Pella, Burkina Faso * Sarana, Sabou, Burkina Faso * Sarana Valley, Attu Island, Aleutian Islands, Alaska Other * ''Saraṇa'', the Pali term for Refuge in Buddhism * ''Śaraṇa'', the Sanskrit term for Refuge in Buddhism *Sharana (Hinduism), meaning "to surrender" See also * Sharana (other) *Sharan (other) *Saran (other) Saran may refer to: Places * Saran, Loiret, a commune of the Loiret Department, France * Saran, Kazakhstan, a city in Kazakhstan * Saran district, Bihar, India * Saran division, Bihar, India * Saran (Lok Sabha constituency), Bihar, India * Sara ...
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Musim Mas
Musim Mas (Musim Mas Group) operates globally across the palm oil business spectrum with an operational presence in 13 countries across Asia-Pacific, Europe, North and South America. The group owns one of the largest palm oil refinery networks in the world, operating in the vegetable oil refining business. It also manufactures consumer goods in Indonesia, producing soap and cooking oil brands. Musim Mas has a 37,000-strong workforce, supported by a comprehensive logistical network of chemical and costal tankers, barges, tugboats and bulk installations at major ports across Indonesia and other strategic parts of the world. Musim Mas is the first company in Indonesia to attain the Roundtable on Sustainable Palm Oil (RSPO) certification, and its Executive Chairman sat on RSPO's first executive board. According to Channel News Asia, the Group championed sustainability and adopted green initiatives in its operations even before environmental protection became a buzzword. Apart from ...
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Palm Oil
Palm oil is an edible vegetable oil derived from the mesocarp (reddish pulp) of the fruit of the oil palms. The oil is used in food manufacturing, in beauty products, and as biofuel. Palm oil accounted for about 33% of global oils produced from oil crops in 2014. Palm oils are easier to stabilize and maintain quality of flavor and consistency in processed foods, so are frequently favored by food manufacturers. On average globally, humans consumed 7.7 kg (17 lb) of palm oil per person in 2015. Demand has also increased for other uses, such as cosmetics and biofuels, creating more demand on the supply encouraging the growth of palm oil plantations in tropical countries. The use of palm oil has attracted the concern of environmental groups due to deforestation in the tropics where palms are grown, and has been cited as a factor in social problems due to allegations of human rights violations among growers. An industry group formed in 2004 to create more sustainable and et ...
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Kuala Lumpur
, anthem = '' Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Administrative areas , subdivision_name1 = , established_title = Establishment , established_date = 1857 , established_title2 = City status , established_date2 = 1 February 1972 , established_title3 = Transferred to federal jurisdiction , established_date3 = 1 February 1974 , government_type = Federal administrationwith local government , governing_body = Kuala Lumpur City Hall , leader_title = Mayor , leader_name = Mahadi bin Che Ngah , total_type = Federal territory , area_footnotes = , area_total_km2 = 2 ...
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Sabah
Sabah () is a States and federal territories of Malaysia, state of Malaysia located in northern Borneo, in the region of East Malaysia. Sabah borders the Malaysian state of Sarawak to the southwest and the North Kalimantan province of Indonesia to the south. The Federal Territory (Malaysia), Federal Territory of Labuan is an island just off Sabah's west coast. Kota Kinabalu is the state capital city, the economic centre of the state, and the seat of the Government of Sabah, Sabah state government. Other major towns in Sabah include Sandakan and Tawau. The 2020 census recorded a population of 3,418,785 in the state. It has an equatorial climate with tropical rainforests, abundant with animal and plant species. The state has long mountain ranges on the west side which forms part of the Crocker Range National Park. Kinabatangan River, the second longest river in Malaysia runs through Sabah. The highest point of Sabah, Mount Kinabalu is also the highest point of Malaysia. The ear ...
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Indonesia
Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea. Indonesia is the world's largest archipelagic state and the 14th-largest country by area, at . With over 275 million people, Indonesia is the world's fourth-most populous country and the most populous Muslim-majority country. Java, the world's most populous island, is home to more than half of the country's population. Indonesia is a presidential republic with an elected legislature. It has 38 provinces, of which nine have special status. The country's capital, Jakarta, is the world's second-most populous urban area. Indonesia shares land borders with Papua New Guinea, East Timor, and the eastern part of Malaysia, as well as maritime borders with Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India ...
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