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Glenealy Plantations Sdn Bhd #38328

Created at
2014-04-28
Last update
2018-11-20

2 Parents (Involvements as child)

ID
Name
Malayan Banking (Maybank)
Country of registration/origin
Malaysia
Classification
Commercial Bank

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
124 000 000
Comment
"Since 2011, when MSPP was formed, Maybank has arranged and guaranteed US$124 million in Glenealy bonds (EIA. 2016. Green Desert, P.25)."
ID
Name
Samling Global Ltd.
Country of registration/origin
Malaysia
Classification
Stock-exchange listed company

Relationship
Parent company
Investment type
Shares/Equity

3 Children (Involvements as parent)

ID
Name
Prestige Platform Sdn Bhd
Country of registration/origin
Malaysia

Relationship
Subsidiary company
Ownership share
100.00 %
ID
Name
PT Tunas Borneo Plantations
Country of registration/origin
Indonesia
Classification
Private company

Relationship
Subsidiary company
Ownership share
95.00 %
ID
Name
PT. Abdi Borneo Plantation
Country of registration/origin
Indonesia
Classification
Private company

Relationship
Subsidiary company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
95.00 %

1 Deals (Involvements as Operating company)

ID
Target country
Malaysia
Current intention of investment
Food crops Non-food agricultural commodities
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
40 468 ha