Rimbunan Sawit Berhad (RSB) is engaged in the business of investment holding and the provision of management services. The Company through its subsidiaries is engaged in cultivation of oil palms. As of December 31, 2010, the Company's oil palm matured areas were 29,272 hectares. As of December 31, 2010, RSB owned approximately 91,793 hectares of plantation land in Miri, Kuching and Sibu, Sarawak. On September 15, 2010, the Company acquired 100% interest in Jayamax Plantation Sdn. Bhd.; 85% interest in Novelpac-Puncakdana Plantation Sdn. Bhd.; 65% interest in Lubuk Tiara Sdn. Bhd.; 70% interest in Pelita-Splendid Plantation Sdn. Bhd. and PJP Pelita Biawak Plantation Sdn. Bhd., and 60% interest in PJP Pelita Ekang-Banyok Plantation Sdn. Bhd., PJP Pelita Lundu Plantation Sdn. Bhd., PJP Pelita Selangau Plantation Sdn. Bhd. and PJP Pelita Ulu Teru Plantation Sdn. Bhd.
wolf515I waited for year...last time bought in RM1.10 for 1000lots damn.....
efteeWould anyone sell below if they know CPO going to push price higher. I see phobia of El Nino to push CPO to 3,100 temporarily
efteeCannot lame me for being so passionate about palm. I have 3 palms (oil palm plant) growing in my flower pots in my house. Just seeing the palms growing makes me feel nice and the greenery too
HulkRSawit will build a Palm Oil Refinery palnt at Kidurong Bintulu at the end of this year. The plant will take care of oil refinery jfor those CPO parts from several company like SUBUR, Jaya Tiasa....And the managment team believe this plant will be well contribute to the profit in future years.
Michael Jongnow the CPO hit RM 2863 per mt already....i think this few days high possible can hit RM 3000 per mt abv
speakupI would've have bought RSawit if not for Wilmar boycott of Sarawak planters. I have only Peninsular & Sabah plantations counters.
efteeWilmar says they are talking to Sarawak planters. Not boycotting. CPO 2883 - 17 more to 2900
Michael Jongyahoo.....now CPO is RM 2,888 per mt....hope can break RM 3k soon....