Deal #3868

Location

Location #1

Spatial accuracy level
Administrative region
Location
Kalimantan Tengah, Indonesien

Target country
Indonesia

Location #2

Spatial accuracy level
Administrative region
Location
Kalimantan Barat, Indonesien

Target country
Indonesia

Location #3

Spatial accuracy level
Administrative region
Location
Riau, Indonesien

Target country
Indonesia
General info

Land area

Size under contract (leased or purchased area, in ha)
[2012] 198818
[2014] 199000
Size in operation (production, in ha)
[2012] 133367

Intention of investment

Intention of investment
Agriculture unspecified

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
In operation (production)
Investor info

Operating company

Operating company
Bumitama Agri Ltd (#37669)
Comment on investment chain
Bumitama Agri Ltd invested in Indonesia through various different Indonesian subsidiaries. It is a company listed on the Singapore stock exchange

 

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Data sources

Data source #1

Data source type
Media report
File

Data source #2

Data source type
Company sources
URL
http://research.maybank-ib.com/pdf/document/BAL_IC_20130502_4118.pdf
File
Date
2013-05-02

Data source #3

Data source type
Company sources
URL
http://www.bumitama-agri.com/our-business/plantation.html
File
Date
2013-07-03

Data source #4

Data source type
Media report
URL
https://www.rainforest-rescue.org/achievements/6093/indonesia-environmentalists-prevail-in-court
File
Date
2014-08-15

Data source #5

Data source type
Media report
URL
http://news.mongabay.com/2013/1201-bumitama-palm-oil-dparker.html
File
Date
2013-12-02

Data source #6

Data source type
Media report
URL
http://www.earthwatchmedia.org/agriculture/continued-illegal-production-of-palm-oil-indonesia/
File
Date
2013-04-23

Data source #7

Data source type
Other (Please specify in comment field)
URL
https://ejatlas.org/conflict/bumitama-agri-oil-palm-plantation-indonesia
File
Date
2014-07-24
Comment on data source
Online database This only pertains to a part of the land in west kalimantan and not the entire land bank of the company or the deal

Data source #8

Data source type
Company sources
URL
http://files.shareholder.com/downloads/AMDA-WWON6/338615602x0x820442/F30F4AFC-7CC9-453D-B880-8CCA02213335/Bumitama_Agri_Ltd_Annual_Report_2014.pdf
File
Date
2014-12-31
Produce info

Detailed crop, animal and mineral information

Crops area
Oil Palm

In country processing of produce

In country processing of produce
Yes
Overall Comment

Overall comment

Overall comment
Bumitama Agri is a Singapore listed company. 50.93% of its shares are held by Wellpoing, a 100% subsidiary of Fortune holdings. A further 30.88% of shares is held by IOI Group through its subsidiaries Oakridge and Lynwood. (2015) The company was legally charged for the clear-cutting forest with out specific permit and without complying to RSPO
History (3 versions)

July 18, 2015, 5:38 a.m.

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Aug. 14, 2013, 11:13 a.m.

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July 5, 2013, 12:08 p.m.

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