Deal #3186

Location #1

Spatial accuracy level
Administrative region
Location
Pahang, Malaysia

Target country
Malaysia

Location #2

Spatial accuracy level
Administrative region
Location
Negeri Sembilan, Malaysia

Target country
Malaysia

Location #3

Spatial accuracy level
Administrative region
Location
Johor, Malaysia

Target country
Malaysia

Land area

Size under contract (leased or purchased area, in ha)
[2013] 53000
[2016] 48165
Size in operation (production, in ha)
[2012] 49291
Comment on land area
The company acquired its first plantation in 1983 and has since expanded

Intention of investment

Intention of the investment
Agriculture unspecified

Nature of the deal

Nature of the deal
Outright Purchase
Lease
Comment on nature of the deal
Part of the plantations are under lease, others under freehold.

Negotiation status

Negotiation status
[1983] Concluded (Contract signed)

Implementation status

Implementation status
[1983] In operation (production)

Contract #1

Duration of the agreement (in years)
86

Number of total jobs created

Jobs created (total)
Yes
Comment on jobs created (total)
There was as study conducted by an NGO stating that the company ha s many human rights violation with their employees such as failing to pay minimum wage, withholding passports and refusing their rights to join trade unions.

Operating company

Operating company

 

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Data source #1

Data source type
Company sources
File
Date
2012-01-01

Data source #2

Data source type
Company sources
File
Comment on data source
2012 Annual report

Data source #3

Data source type
Company sources
File
Comment on data source
accessed 05:05:2015

Data source #4

Data source type
Company sources
File
Date
2016-06-30
Comment on data source
2016 Annual report

Data source #5

Data source type
Company sources
File
Date
2016-03-31

Data source #6

Data source type
Research Paper / Policy Report
File
Date
2016-11-01

Data source #7

Data source type
Company sources
File
Date
2016-02-01

How did the community react?

Comment on community reaction
There is a dispute with natives over plantation land in Sarawak.

Detailed crop, animal and mineral information

Crops area
Oil Palm, Rubber tree

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
split up according to http://www.ioigroup.com/Content/IR/PDF/AnnualReport/Corp/2014_AR.pdf p.279 (2016) There was as study conducted by an NGO stating that the company ha s many human rights violation with their employees such as failing to pay minimum wage, withholding passports and refusing their rights to join trade unions.

Jan. 8, 2017, 6:59 p.m.

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June 29, 2015, 4:49 p.m.

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May 5, 2015, 4:50 p.m.

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Aug. 13, 2013, 3:27 p.m.

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March 12, 2013, 10:13 p.m.

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Feb. 26, 2013, 5:40 p.m.

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