Chin Teck Plantations Bhd.
MMYX:CHINTEK10.70
MYR
0.00
(0.00%)
ISIN
MYL1929OO008
Return %
Stock
S&P 500
1Y
1.71
14.39
3Y
40.79
81.42
5Y
40.05
68.62
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Mar 10, 1970
- Website
- chinteck.com.my
- Similar Companies
- Business
- Chin Teck Plantations Berhad is a Malaysia-based agricultural and investment holding company primarily engaged in the cultivation of oil palms and the processing and marketing of palm oil products. Incorporated in 1958 and headquartered in Kuala Lumpur, Malaysia, the company manages extensive oil palm estates and milling facilities across Peninsular Malaysia, while also holding strategic equity interests in oil palm ventures in Indonesia and property development projects in Malaysia. The company operates through three principal business segments: Plantation, Investment Holding, and Property Development. Under its core plantation and processing operations, Chin Teck Plantations Berhad provides and commercializes a range of agricultural commodities, including fresh fruit bunches harvested from its cultivated oil palm estates; crude palm oil extracted and refined through its company-owned palm oil milling facilities; palm kernels produced as primary by-products for edible oil and industrial processing; and oil palm biomass and mill derivatives generated during processing cycles. The company manages a total plantation land bank across key agricultural regions in Malaysia, including the Jemima and Sungei Sendayan Estate in Negeri Sembilan, the Gua Musang Estate in Kelantan, the Keratong Estate in Pahang, and the Fauzi-Lim Estate, supported by on-site palm oil mills with aggregate processing capabilities. Beyond domestic upstream activities, the company maintains cross-border exposure through joint-venture plantations in Indonesia spanning the provinces of Lampung, Jambi, and South Sumatra, as well as property development initiatives through associate and joint-venture interests developing the Bandar Springhill mixed-township in Negeri Sembilan. In recent developments, Chin Teck Plantations Berhad has concentrated its strategic capital deployment on progressive replanting schedules to optimize the age profile of its palm stands and enhance long-term fresh fruit bunch yields per hectare. Operationally, the company has undertaken continuous efficiency and automation upgrades across its palm oil milling infrastructure, expanded its sustainability compliance under the Malaysian Sustainable Palm Oil certification standards, and optimized resource allocation to navigate operating conditions across its regional Indonesian joint-venture plantations. Furthermore, amidst evolving sector dynamics and ongoing equity valuation assessments in the Malaysian plantation market, the company maintains disciplined capital management focused on operational cost containment, yield enhancement, and sustained dividend distributions to shareholders.