 | |
| Formerly | Harrison and Crossfield |
|---|---|
| Type | Public limited company |
| Industry | Plantation, Oils & Fats & Others |
| Founded | 1905 |
| Defunct | 27 November 2007 |
| Successor | Sime Darby |
| Headquarters | Menara PNB, Jalan Tun Razak, Kuala Lumpur, Malaysia |
Key people | Ahmad Sarji Abdul Hamid (Chairman) |
| Website | www |
Golden Hope Plantations Berhad (GHPB) was an estate and plantations company in Malaysia.
In 1905 Harrisons and Crosfield, a British tea and coffee trading company purchased several small estates in Malaysia for £50,000 and amalgamated them to form the Golden Hope Rubber Estate. [1]
In 1982 Harrisons and Crosfield sold three large plantation groups - Golden Hope, Pataling, and London Asiatic [2] - to Malaysian concerns for £146 million. [1]
The business was renamed GHPB in 1990 after Pemodalan Nasional Berhad took majority equity of the company. Its interests originally were in tropical agriculture but, while plantations have remained a core business interest, the company has diversified into other areas including glycerine manufacture, fruit juices and real estate. The group now has 83 subsidiaries based in seven countries. The main estate and plantations are Carey Island and Banting in Selangor. [3]
In late November 2006, Synergy Drive Sdn Berhad, a special purpose entity with financing from CIMB Investment Bank Berhad, offered to acquire Golden Hope and seven others PLCs "to create the world's largest listed oil palm plantation" company. The merger, the largest to take place in Southeast Asia, was intended to consolidate over 6,000 km² of plantation land. [4]
In November 2007, shares of Golden Hope was de-listed, and the company merged with Sime Darby and Guthrie. The shares were then re-listed on the Bursa Malaysia on 29 November 2007 as Sime Darby. With the merger complete, Sime Darby was the largest company in Malaysia by market capitalisation. [5]
Sime Darby Berhad is a Malaysian trading conglomerate. Its core businesses operate and serve in the industrial, motors and logistics sectors as well as the healthcare, and insurance segments.
Guthrie Group Limited was a Singaporean-Malaysian company that primarily dealt with plantations. It merged with three other plantation groups to form the world's largest plantation company with the name of Sime Darby Berhad.
Guthrie was founded in Singapore in 1821 by Alexander Guthrie as the first British trading company in Southeast Asia. Guthrie introduced rubber and oil palm in Malaysia in 1896 and 1924, respectively.
Guthrie Corridor Expressway, GCE, Guthrie Corridor Expressway is an expressway in Klang Valley, Selangor, Malaysia. It connects Shah Alam to Rawang. GCE is approximately 25 km (16 mi). The expressway is unique in Malaysia in that all project costs, including land acquisition, were completely borne by the concessionaire. Of the land acquired, 80 percent was from a plantation company Guthrie Berhad which in 2007 merged with two other companies to form Sime Darby. Today this expressway is owned by Prolintas and its subsidiary Prolintas Expressway Sdn Bhd. The starting point of the highway or 'Kilometre Zero' is located at the Jalan Monfort intersection near Shah Alam.
Carey Island is an island in Selangor, Malaysia. It is administered by the Zone 17 of the Kuala Langat Municipal Council. Carey Island is located to the south of Port Klang and north of Banting town. It is a huge island separated from the Selangor coast by the Langat River, connected by two bridges from Chodoi and Teluk Panglima Garang near Banting and a bridge from Pulau Indah and Pulau Carey.
Bukit Raja can be referred a mukim in Petaling District, Selangor, Malaysia, that contains several areas in northern Shah Alam which are western part of Section 7 of Shah Alam, Setia Alam (U13), Denai Alam, Bukit Subang, Alam Budiman, Puncak Perdana, Bukit Bandaraya (U11) and National Botanic Gardens Shah Alam. However, definition of Bukit Raja nowadays has shifted south away, which commonly refer to several areas in Klang, that consists of some former oil palm plantation owned by Sime Derby Plantations. The first development of Bukit Raja estate was an industrial area around Bandar Baru Klang and Federal Highway, subsequently Bukit Raja has expanded to the border of Setia Alam with new establishment of “Bandar Bukit Raja” housing project.
RHB Bank Berhad is a Malaysian bank based in Kuala Lumpur and founded in 1994. It is one of the largest banks in Malaysia.
AmBank Group comprises AMMB Holdings Berhad is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance.
IJM Corporation Berhad is one of Malaysia's leading conglomerates and is listed on the Main Market of Bursa Malaysia Securities Berhad. Its core business activities encompass construction, property development, manufacturing and quarrying, Infrastructure concessions and plantations. Headquartered in Selangor, Malaysia, IJM's regional aspirations have seen it establish a growing presence in neighbouring developing markets with operations presently spanning 10 countries, with primary focus in Malaysia, Singapore, Australia, United Arab Emirates, China, Indonesia and India.
Elementis plc is one of the UK's largest speciality chemicals and personal care businesses, with extensive operations in the United States, Europe and Asia. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
Kulim (Malaysia) Berhad is a Malaysian company. Through its subsidiaries, it engages in oil palm plantation, investment holding, and property investment businesses in Malaysia. The company also manufactures rubber-based products, oleochemicals, and esters; produces oil palm clones by plant tissue culture technology; and distributes tropical fruits, as well as engaging in crude palm oil processing. The Corporate Office of Kulim (Malaysia) Berhad is located at Johor, Malaysia.
Kuala Lumpur Kepong Berhad (KLK) is a Malaysian multi-national company. The core business of the group is plantation. The company has plantations that cover more than 250,000 hectares in Malaysia and Indonesia. Since the 1990s, the company has diversified its business activities such as resource-based manufacturing, property development and retailing with worldwide presence. The company is listed on the Bursa Malaysia and is Malaysia's third-largest palm oil producer. KLK was ranked 1858th in the 2013 Forbes Global 2000 Leading Companies, with market cap of USD 6.91 billion. In 2014, KLK was ranked 23rd most valuable Malaysia brand on the Malaysia 100 2014 with a brand value of USD 364 million. The late Thong Yaw Hong, (former) secretary general of the Malaysian Treasury, sat on the board of KLK. Lee Oi Hian, the CEO of KLK, is or was chairman of the board of trustees of the Malaysian Palm Oil Council.
Elmina Estate is an oil palm plantation in Petaling District, Selangor, Malaysia. It is currently owned and operated by Sime Darby Berhad.
Tan Sri Lim Kok Thay is a Malaysian Chinese billionaire businessman. He is the chairman of Genting Group, a casinos, resorts and palm oil conglomerate with a market capitalization of almost MYR40 billion, and the second son of fellow billionaire Lim Goh Tong, the company's founder.
Tradewinds Plantation Berhad is one of the largest oil palm and rubber plantation operators in Malaysia.
Palm oil production is vital for the economy of Malaysia, which is the world's second- largest producer of the commodity after Indonesia. The Malaysian Palm Oil Board (MPOB) is a government agency responsible for the promotion and development of the palm oil sector in the country. The country's palm oil industry produces about 90 million tonnes of lignocellulosic biomass, including empty fruit bunches, oil palm trunks, and oil palm fronds, as well as palm oil mill effluent (POME). In 2010, in response to concerns about social and environmental impact of palm oil, the Malaysian Government pledged to limit palm oil plantation expansion by retaining at least half of the nation's land as forest cover.
Perbadanan Nasional Berhad was set up in November 1969 as a wholly owned government company to carry out the resolutions at the Second Bumiputera Economic Congress. Among the major shareholders included were Malaysia's Ministry of Finance, Bank Negara Malaysia and Bank Bumiputera Malaysia Berhad. Pernas was put under a solid footing under the chairmanship of Tengku Razaleigh Hamzah (1970–1974) who had been the Minister of Finance from 1976 to 1984.
PPB Group Berhad is a Malaysian diversified conglomerate which engages in food production, agriculture, waste management, film distribution, property investment and development. PPB is also the single largest shareholder, through an 18 percent stake, in Wilmar International, one of the leading palm oil producers and agribusiness companies in the world.
Sime Darby Property was created through the integration of the property arms under the former Golden Hope Plantations Berhad, Kumpulan Guthrie Berhad, and Sime Darby Berhad. Apart from its 20,763 acres of landbank spanning from Selangor to Johor, Sime Darby Property also has assets and operations across the Asia Pacific region and the United Kingdom. It is one of the largest property developers in the country by revenue and gross development value (GDV) of current projects.
Emery Oleochemicals is a global oleochemical company. Emery operates production plants in the United States, Germany and Malaysia. Its products serve a wide range of industries, including agriculture, heavy industry and consumer products. The company is a 50:50 joint venture between PTT Global Chemical of Thailand and Sime Darby Plantation of Malaysia.
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