Boustead Plantations Berhad | Integrated Report 2023

CORPORATE MILESTONES 1910 The Barlow family was involved in large scale agriculture, primarily rubber and palm oil, in Malaya 1900s 1960 Boustead & Company was split into Boustead Plc in London and Boustead Holdings Berhad (BHB), which held the assets in Singapore and Malaysia 1960s 1946 Incorporated as a public limited company under the name of The Kuala Sidim Rubber Company Limited (KSRCL) 1940s to 1950s 1828 Boustead & Company was established in Singapore 1800s 1970 KSRCB began acquiring landbank in Sabah 1970s 1973 KSRCB was listed on Bursa Malaysia and Singapore Stock Exchange 1973 KSRCB established Highland Research Unit Sdn Bhd (HRU), a joint venture agricultural research entity 1973 BHB was split into BHB, which held the Malaysia assets and Taiping Singapore Pte Ltd, which held the Singapore, Hong Kong and Brunei assets 1990 Delisted from the Singapore Stock Exchange 1993 Became the principal listed vehicle for BHB Group’s plantation interests 1990s 2003 Delisted from Bursa Malaysia following takeover offer by BHB 2004 Changed name to Boustead Plantations Berhad (BPlant) 2000s 2007 Al-Hadharah Boustead REIT listed on the Main Market of Bursa Malaysia 1994 Changed name to Kuala Sidim Berhad 1994 Began expanding oil palm business in Sarawak 1994 Expanded directly-owned plantation interests 27 January Completed disposal of Kulai Young land 1 March Initiated move towards certification of ISO 37001:2016 Anti-Bribery Management Systems for oil palm estate and palm oil mill operations, as well as corporate services 2022 29 March Signing of Document of Understanding with Cargill Palm Products Sdn Bhd for the long-term supply of high-quality and sustainable crude palm oil 20 December Completion of the condition precedent for the partial disposal of land in Bukit Mertajam Estate 13 December Listed on FTSE4Good Bursa Malaysia Index and FTSE4Good Bursa Malaysia Shariah Index 25 August Boustead Tawai Palm Oil Mill awarded with ISO 9001:2015, completing the certification for all 10 palm oil mills 7 June Entered into a RM45 million green financing agreement with China Construction Bank (Malaysia) Berhad for replanting programme Boustead Plantations Berhad 022

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