Tradewinds Plantation Berhad is one of the largest
oil palm
''Elaeis'' () is a genus of palms containing two species, called oil palms. They are used in commercial agriculture in the production of palm oil. The African oil palm '' Elaeis guineensis'' (the species name ''guineensis'' referring to its c ...
and rubber plantation operators in
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two r ...
.
Background
The Group has a landbank of 141,430 hectares, with 77,095 hectares in
Sarawak
Sarawak (; ) is a state of Malaysia. The largest among the 13 states, with an area almost equal to that of Peninsular Malaysia, Sarawak is located in northwest Borneo Island, and is bordered by the Malaysian state of Sabah to the northeast, ...
, another 11,302 hectares in
Sabah
Sabah () is a 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 o ...
, and the remaining 53,039 hectares in Peninsular Malaysia.
Some 95,270 hectares or 67.3% have been developed into oil palm and rubber estates, with another 12,235 hectares or 8.6% under development. As at year end, the Group’s total remaining plantable reserves stood at 24,491 hectares, which will be developed over the next four years.
Merger
On 25 May 2004, Tradewinds (M) Berhad and Johore Tenggara Oil Palm Berhad announced the proposed merger involving fourteen of Tradewinds (M) Berhad's plantation subsidiary companies with Johore Tenggara Oil Palm Berhad. The merger was completed on 28 February 2006. Pursuant to the merger, the listing status of Johore Tenggara Oil Palm Berhad was transferred to Tradewinds Plantation Berhad which made its debut listing on the Main Board of Bursa Malaysia on 15 March 2006. Tradewinds Plantation Berhad was delisted in 2015 but remains as one of the largest oil palm and rubber plantation companies in Malaysia.
References
External links
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Tradewinds Plantation Berhad (MYX: 6327) bursamalaysia.com
Company Overview of Tradewinds Plantation Berhad bloomberg.com
2005 establishments in Malaysia
Companies formerly listed on Bursa Malaysia
Palm oil production in Malaysia
Malaysian companies established in 2005
Privately held companies of Malaysia
Agriculture companies established in 2005
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