TOTAL ASSETS RM4.0 billion (2022: RM4.2 billion) PROFIT FOR THE YEAR RM36 million (2022: RM589 million) EBITDA RM231 million (2022: RM425 million) CAPITAL EXPENDITURE RM153 million (2022: RM86 million) WHO WE ARE With over a 100 years of plantations expertise, BPlant has developed into one of Malaysia’s most reputable upstream oil palm plantation companies, employing 6,568 individuals nationwide. Following its relisting on the Main Market of Bursa Malaysia Securities Berhad (Bursa Malaysia) on 26 June 2014, BPlant’s market capitalisation stood at RM3.5 billion as of 31 December 2023. On 15 November 2023, the immediate holding company of BPlant changed from Boustead Holdings Berhad (BHB) to Lembaga Tabung Angkatan Tentera (LTAT). Subsequently, BPlant was delisted on 23 January 2024, following the acquisition by LTAT. PRESENCE Peninsular Malaysia, Sabah and Sarawak REVENUE RM852 million (2022: RM1.2 billion) PROFIT BEFORE TAXATION AND ZAKAT RM71 million (2022: RM729 million) A worker collecting loose fruits at Bebar Estate, Pahang Integrated Report 2023 007
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