- Business
- QL Resources Berhad is an integrated agro-based business group that produces nourishing products from agro resources. The company operates across Marine Products Manufacturing, including deep-sea fishing, aquaculture farming, fishmeal, surimi, surimi-based products, and consumer snacks; Integrated Livestock Farming, encompassing animal feed raw material trading, commercial feed milling, layer farming, broiler integration, eggs, broiler chickens, and Day Old Chicks; Consumer Food, offering wholesome nutritious convenience products; Retail as the master franchisee of FamilyMart convenience stores in Malaysia; and Palm Oil Activities with Environmental Technology, involving crude palm oil milling, sustainable plantations under Indonesian Sustainable Palm Oil certification, and solutions in membrane-based water treatment, biomass, and solar energy through associate Boilermech Holdings Berhad. QL Resources Berhad maintains operational centers in eight states across Malaysia including East Malaysia, ports in Indonesia such as Jakarta, Surabaya, Bandung, and Kalimantan, and near Ho Chi Minh City in Vietnam. Founded in 1987 and headquartered at 16A Jalan Astaka U8/83, Bukit Jelutong, Shah Alam, Selangor, Malaysia, the company targets food, consumer goods, and clean energy sectors with a focus on farm-to-fork value chains and sustainability certifications including HACCP, FSSC 22000, MyGAP, GMP, MeSTI, VHM, JAKIM, and compliance with US Department of Agriculture and EU regulations. Recent developments include the July 2024 acquisition by subsidiary BM Greentech Berhad of Plus Xnergy Holding Sdn Bhd for RM110 million to expand clean energy offerings in energy generation, efficiency, storage, and electric vehicle charging; ongoing expansion of branded egg segment to around 20% of production for improved profitability; progression of surimi-based product capacity in Indonesia; and potential retail reach extensions beyond convenience stores alongside broiler chickens and aquaculture ventures.