QUOTE(chelsea2013 @ Jul 20 2013, 10:31 AM)
I thought so too... but I've read it is not anymore. Maybe 5 years before... but not now.Company Mkt Cap* Short&Long Landbank
Term Debt# (hectares)
($ mln) ($ mln)
1 Wilmar (WLIL.SI) 20,814.2 4,929.9 500,000
2 Sime Darby (SIME.KL) 11,994.8 1,638.0 524,626
3 IOI Corp (IOIB.KL) 8,323.2 1,639.0 251,000
4 KL Kepong (KLKK.KL) 3,617.6 580.0 360,000
5 Golden Agri (GAGR.SI) 3,302.8 557.0 637,361
6 Astra Agro (AALI.JK) 2,906.4 -nil- 258,900
7 Indofood (IFAR.SI) 1,362.6 650.1 541,224
8 Asiatic Dev (ASIA.KL) 1,206.8 7.9 164,000
9 London Sumatra (LSIP.JK) 864.3 73.4 169,909
10 Boustead (BOUS.KL) 804.0 1,035.0 100,000
11 United (UTPS.KL) 765.1 -nil- 80,874
12 Kulim Bhd (KULM.KL) 576.0 459.1 124,660
13 IJM Plantations (IJMP.KL) 502.6 10.0 70,000
14 Sampoerna Agro (SGRO.JK) 334.8 21.7 169,000
15 Bakrie Sumatera (UNSP.JK) 303.6 156.4 80,000
This was in 2009. Wilmar, which is Singapore's, concentrates on Indonesia vast land (even in Malaysia too) for palm oil cultivation.
But I might be wrong...
"As of 2009, Indonesia was the largest producer of palm oil, surpassing Malaysia in 2006, producing more than 20.9 million tonnes." - Scientific American Board of Editors (December 2012), "The Other Oil Problem", Scientific American 307 (6): 10, "...such as Indonesia, the world's largest producer of palm oil."
This post has been edited by zerol410: Jul 20 2013, 10:46 AM
Jul 20 2013, 10:43 AM

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