Genting Plantations is 55.4% owned by Genting Berhad.
The market capitalisation of Genting Plantations was RM5.3 billion as of 31 December 2024. The company is listed on the Main Market of Bursa Malaysia under the Plantation sector.
Commenced operations in 1980 as the plantation arm of Genting Berhad, Genting Plantations is now one of the country’s leading oil palm plantation companies.
Its plantation operations consist of 242,879 hectares of oil palm estates and 13 palm oil mills spread across Malaysia and Indonesia with a combined milling capacity of 725 metric tonnes per hour.
Its business activities extend to:
downstream activities related to the manufacturing and sale of palm-based products;
property development and investment, leveraging on its strategically located landbank; and
agriculture technology (“AgTech”) activities relating to optimising yield, improving operating efficiency, enabling traceability and enhancing sustainability.
Genting Plantations has released its ninth Sustainability Report 2024 in which the sustainability progress and issues material to its stakeholders are discussed in detail.
Genting Plantations is a member of the Roundtable on Sustainable Palm Oil.
It has received strong ESG external ratings from ZSL SPOTT Ranking