Deal #328

Location #1

Spatial accuracy level
Administrative region
Location
Sarawak, Malaysia

Target country
Malaysia

Land area

Size under contract (leased or purchased area, in ha)
[2011] 749912
[2013] 767893
Size in operation (production, in ha)
[2013] 71963
Comment on land area
310713 ha logging concessions, 359180 ha forest plantation, and 98000 ha oil palm plantation. The size in operation refers to oil palm and forest plantations.

Intention of investment

Intention of investment
Agriculture unspecified, Timber plantation (for wood and fibre), Forest logging / management (for wood and fibre)

Nature of the deal

Nature of the deal
Lease

Negotiation status

Negotiation status
[1985] Concluded (Contract signed)
Comment on negotiation status
several concessions

Implementation status

Implementation status
[1985] In operation (production)
Comment on implementation status
Logging began in 1985, processing of timer began in 1991, oil palm plantation business started in 2000. The duration of lease hold agreements ranges from 60 to 99 years.

Contract #1

Duration of the agreement (in years)
60

Number of total jobs created

Jobs created (total)
Yes
Current number of employees (total)
[2015] 7000

Operating company

Comment on investment chain
several different subsidiaries

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Date
2008-01-01
Comment on data source
"Malaysian palm oil - green gold or green wash?"

Data source #2

Data source type
Research Paper / Policy Report
File
Date
2011-01-01
Comment on data source
"Pandering to the loggers"

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Company sources
File
Date
2013-01-01

Data source #5

Data source type
Company sources
File
Date
2013-01-01

Data source #6

Data source type
Company sources
File
Date
2013-12-31

Former land use

Former land use
Forestry
Conservation

Former land cover

Former land cover
Forest land

Detailed crop, animal and mineral information

Crops area
Oil Palm, Trees (unspecified)

Use of produce

Has domestic use
Yes
Has export
Yes

In country processing of produce

In country processing of produce
Yes

Overall comment

Overall comment
split up according to pp. 216 of the annual report: http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download/?name=EA_DS_ATTACHMENTS&id=163703

June 9, 2019, 9:24 a.m.

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June 11, 2015, 5:34 p.m.

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April 27, 2015, 5:48 p.m.

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Oct. 17, 2013, 4:28 p.m.

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Oct. 17, 2013, 4:27 p.m.

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May 13, 2013, 1:27 a.m.

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Feb. 15, 2013, 4:59 p.m.

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