United Plantations Berhad () is a Malaysia-based
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 co ...
plantation company.
History
United Plantations Limited was founded in 1917 through the amalgamation of several existing plantations. The company was listed on the
Copenhagen Stock Exchange
The Nasdaq Copenhagen, formerly known as the Copenhagen Stock Exchange ( da, Københavns Fondsbørs), is an international marketplace for Danish securities, including shares, bonds, treasury bills and notes, and financial futures and options.
...
on February 28, 1932. In 1962, United Plantations Ltd. was merged with Bernam Oil Palms Ltd. under the present name, United Plantations Berhad, which was then listed on the
Kuala Lumpur Stock Exchange The Kuala Lumpur Stock Exchange (KLSE; ms, Bursa Saham Kuala Lumpur) dates back to 1930 when the Singapore Stockbrokers' Association was set up as a formal organisation dealing in securities in Malaya. In 1937, it was re-registered as the Malayan ...
in 1969.
Present Operations
Across their various estates in Malaysia and Indonesia United Plantations had 45,810 hectares of oil palm planted as of their 2013 annual report. An additional 3,090 hectares in Malaysia was planted with coconut.
References
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