Oil Palm Plantations

Glenealy Plantations Sdn Bhd is principally involved in the operations of oil palm plantations in Malaysia, Indonesia and Papua New Guinea.

Glenealy has a proud history that stretches over 50 years. Incorporated in 1958, it has grown to be an efficient plantation company, and was listed on the Main Board of Bursa Malaysia in 1973 as Glenealy Plantations (Malaya) Berhad. In 1994, Glenealy became an associate company of Lingui Developments Berhad, an integrated forest resource and wood products company also listed on the Main Board of Bursa Malaysia. Glenealy was privatized and delisted from Bursa Malaysia on 27 November 2012. With effect from 29 May 2015, the company is known as Glenealy Plantations Sdn Bhd.

As at March 2015, Glenealy has 68,679 ha of plantable area, including total planted area of 42,447 ha. In Malaysia, the total planted area is 33,287 ha out of 42,447 ha. The Group's subsidiaries also hold an estimated plantable landbank of approximately 14,546 ha in Indonesia, 5,711 ha in Myanmar and 7,500 ha in Papua New Guinea.

The Group also has three palm oil mills, located in Belaga and Lana in Sarawak, and in Lahad Datu in Sabah. Each of these mills is well equipped with state-of-the-art milling technology and is professionally managed by a pool of expertise. Timor Enterprises is a testament to this efficiency as it received recognition from Malaysian Palm Oil Board (MPOB) for achieving the highest oil extraction rate (OER) in Sarawak under the Own Fruit Supply Category in 2002 & 2007.

For more information, visit Glenealy at www.glenealy.com.my