BUSINESS REVIEW PLANTATION WHAT WE DO The Division primarily engages in upstream and midstream oil palm operations, while providing design and consultancy services. It also serves as an agricultural and agronomic advisor. OUR PLANTATION LANDBANK Total Estates Total ha Planted ha Planted % Total Palm Oil Mills Peninsular Malaysia 16 24,914 23,369 94 3 Sabah 20 46,023 38,553 84 5 Sarawak 6 26,525 10,285 39 2 TOTAL 42 97,462 72,207 74 10 The Group’s landbank as of 31 December 2023 comprised 72,207 ha of oil palm plantations, with 53% situated in Sabah, 33% spread across Peninsular Malaysia, and 14% in Sarawak. AGE PROFILE OF OIL PALM TREES Immature <3 years Young 4-9 years Prime 10-20 years Past Prime >20 years Total Planted Peninsular Malaysia Sabah Sarawak 3,219 4,492 9,805 5,853 23,369 9,235 5,794 11,095 12,429 38,553 33 289 9,963 10,285 – Integrated Report 2023 061
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