http://www.ppbgroup.com
Corporate Profile
PPB Group Berhad was established in 1968, and was listed in 1972 on the then Stock Exchange of Kuala Lumpur and Singapore with an issued and paid-up capital of RM15.0 million.
From its initial operations of cane cultivation and milling, the Group has grown into a major conglomerate engaged in a wide spectrum of activities. The Group's operations now include sugar refining; grains trading, flour and feed milling; oil palm plantations and edible oils; environmental engineering and waste management; film exhibition and distribution; property ownership and development, livestock farming, packaging and chemicals manufacturing. With a total domestic and overseas workforce of more than 4,000 employees, PPB Group's operations spread over Malaysia, China, Vietnam, Myanmar, Thailand, Singapore and Indonesia.
PPB Group has positioned itself to be a market leader in the following businesses operated by its subsidiaries:
Sugar
Malayan Sugar Manufacturing Co. Berhad owns and operates the region's largest sugar refinery in Prai and supplies about 50% of the local sugar requirements.
Flour
FFM Group owns and operates a total of three (3) flour mills in the country and one (1) each in Vietnam and Thailand. FFM Group supplies more than 40% of the local flour requirements.
Cinemas
Golden Screen Cinemas Sdn Bhd, the largest film exhibitor in the country with 141 screens in 21 locations nationwide, captures more than 40% of the local box office collections.
In June 2007, PPB Group completed the merger of its oil palm plantations and edible oils refining and trading operations with Wilmar International Limited (Wilmar) and became the second largest shareholder in Wilmar owning 18.3% equity interest. Wilmar is one of Asia's largest integrated agribusiness groups engaged in the businesses of oil palm cultivation, oilseeds crushing, edible oils refining, consumer pack edible oils processing and merchandising, specialty fats, oleochemicals, biodiesel, fertilizers and soy protein manufacturing, rice and flour milling and grains merchandising.
Currently, PPB ranks among the top companies listed on the main board of Bursa Malaysia with a market capitalization of RM13.0 billion. In the last financial year ended 31 December 2007, the Group's total assets totaled RM11.9 billion with turnover amounting to RM6.2 billion.
Sunday, August 17, 2008
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