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
We have become aware of a fraudulent LinkedIn profile operating under the name “Cherry Cui”. This profile falsely claims to be an investor partner of Genting Group and holds executive positions in the following companies that are purported to be associated with Genting Group:
Genting Sky International (Group) Industrial Development Co., Ltd
Yunding International (Group) Development Industry Ltd
Genting Sky Aviation Leasing Holding International (Group) Co., Ltd
Guangzhou Genting United Industrial Ltd
In relation to that, we have also identified a WeChat account operating under the name “Cherry Cui Shu Fen” that is linked to an official account named “云顶联合” (Genting United).
Genting Berhad hereby expressly state that it has no association, affiliation or relationship of any kind with the companies listed above and the individual using the name “Cherry Cui” or “Cherry Cui Shu Fen” on LinkedIn or WeChat. Appropriate reports to the relevant authorities will be lodged. We will not accept any responsibility over matters relating to the above and reserve all our legal rights.
We strongly encourage the public to:
Be aware and vigilant when dealing or interacting with any business that uses the “Genting” name or trademark as part of their company name or product or service offering; and
Verify the authenticity of any Genting-branded products and/or services directly with Genting Berhad or check our website www.genting.com to verify the businesses and companies related to the Genting Group.