Boustead Plantations Berhad
Plantation ownership and management is a core business for Boustead Plantations Berhad. The Division's main activities include planting and processing of oil palm, rubber, forestry and also oil bulking installations operation. The Group's plantation holdings are managed by Boustead Estates Agency Sendirian Berhad (BEASB), a wholly owned subsidiary of Boustead Holdings Berhad. BEASB is one or-the leading estate management agencies in the region and provides a complete package of services to effectively and efficiently manage an estate and plantation company. BEASB presently manages a total land area of about 116,000 hectares. Through its associated company, Applied Agricultural Resources Sendirian Berhad (AARSB), BEASB offers research-backed agronomic services involving all aspects of field management practices and factors which affect crop productivity and long term soil fertility in the plantations. AARSB's consultancy service also undertakes to carry out soil suitability and crop feasibility evaluations for new investments in plantations. AARSB is also one of the eminent suppliers of oil palm planting material in the region. The Group has been actively investing in Sarawak through joint ventures with the Land Custody & Development Authority. To position itself in the region, the Group has invested in Indonesia through joint venture projects in Sumatra Barat and Selatan. Management of the Group's investment in Indonesia is undertaken through Boustead-Anwarsyukur Estate Agency Sdn Bhd (BASEA), a wholly-owned subsidiary of BEASB. BASEA also provides a complete package of management services for client companies in Indonesia.
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