- CEO
- Kian Hock Ho
- Full Time Employees
- 1,098
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- 8½ miles off Kong Kong Road Masai KUL Malaysia 81757
- IPO Date
- May 26, 1977
- Business
- Keck Seng (Malaysia) Berhad engages primarily in the cultivation of oil palm, processing and marketing of refined palm oil products; operation of hotels and resorts; property development and investment; and share investment activities. The company, founded in 1943 and headquartered in Iskandar Puteri, Johor, Malaysia, maintains an integrated palm oil complex in Masai, Johor, encompassing plantations spanning 3,322 hectares (3,187 hectares under oil palm), a palm oil mill, kernel crushing plant, and refinery producing refined palm oils including palm mid fraction via its newly commissioned Dry Fractionation Plant 3; it operates three hotels including DoubleTree by Hilton Alana Waikiki Beach in Honolulu, Hawaii, SpringHill Suites New York Midtown Manhattan, and Delta Hotels by Marriott Toronto Airport and Conference Centre; develops residential, commercial, and industrial properties in Johor projects such as Bandar Baru Kangkar Pulai (with Centralis 72 shop offices), Tanjong Puteri Resort (Alysia II and Aster II launches), Taman Daya (Greenwoods Residence and upcoming Daya 1 Residence condominium), and Taman Bukit Cahaya; and invests in properties like Menara Keck Seng and Regency Tower in Kuala Lumpur. Operations extend principally to Malaysia, with hotels in the United States and Canada, property sales in Singapore, and palm oil marketing in Hong Kong. Recent developments include a 17.5% rise in fresh fruit bunches production and 13.5% increase in crude palm oil output in 2024 driven by improved efficiencies and weather; 8.7% growth in refined oil production following Dry Fractionation Plant 3 commissioning in Q1 2024 and launches of ISCC-certified waste oil and spent bleaching earth; robust property sales from Johor-Singapore Rapid Transit System and Special Economic Zone catalysts, with new launches achieving up to 100% take-up, Menara Keck Seng rental income up 8.1% from Chinese tenant demand, and Regency Tower occupancy gains via retrofitting completed in 2024 with further upgrades in 2025; strong hotel performances with SpringHill Suites New York ADR exceeding USD300, Delta Toronto RevPAR up 5%, and DoubleTree Waikiki occupancy at 89%; and initiation of sustainability department, electrostatic precipitator installation, and renovation works at Menara Keck Seng commencing Q1 2025.