PLS Plantations Bhd.
MMYX:PLS0.21
MYR
0.00
(0.00%)
ISIN
MYL9695OO007
Return %
Stock
S&P 500
1Y
-40.00
14.20
3Y
-76.54
81.12
5Y
-77.30
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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- CEO
- Hun Kheng Lee
- Full Time Employees
- 130
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Kuala Lumpur Malaysia
- IPO Date
- Feb 28, 1995
- Website
- plsplantations.my
- Similar Companies
- Business
- PLS Plantations Berhad is a Malaysia-based integrated agro-food and plantation company engaged in the cultivation, harvesting, processing, and distribution of tropical fruits and agricultural commodities, as well as oil palm plantation management and forestry operations. Founded in 1987 and headquartered in Kuala Lumpur, Malaysia, the company operates across three principal business segments: Durian and Agribusiness, Oil Palm Plantation, and Forestry and Construction. The company offers a comprehensive portfolio of agricultural products and services, including upstream cultivation and harvesting of premium tropical fruits, with a focus on commercial durian cultivars such as Musang King (D197), Black Thorn (D200), D24, and Golden Phoenix; downstream manufacturing, processing, and cold-chain packaging of liquid nitrogen blast-frozen whole durians, frozen seed-in pulp, vacuum-packed fresh fruit, and processed durian paste and puree for industrial food manufacturers, bakeries, and retail consumers; international fruit export, wholesale distribution, and supply chain logistics servicing key consumer markets across China, Hong Kong, Singapore, Australia, and North America; upstream oil palm cultivation, harvesting, and sale of fresh fruit bunches (FFB) to commercial palm oil mills; provision of estate management, contract farming, and agronomic advisory services; and sustainable forest plantation management, selective timber extraction, and reforestation activities. In recent developments, PLS Plantations Berhad has undertaken a major strategic transformation to reposition itself from a traditional plantation operator into a comprehensive agrifood and food security enterprise. The company completed the full consolidation of its downstream export arm, Dulai Fruits Enterprise Sdn. Bhd., expanding its blast-freezing capacity and cold-storage infrastructure to support high-volume export demand. To scale its overseas market access, PLS Plantations formed strategic partnerships and supply agreements with prominent trade and distribution entities in China, including China National Cereals, Oils and Foodstuffs Corporation (COFCO) and Guangzhou Jiangnan Agriculture Development Co., Ltd., facilitating direct distribution channels across tier-one Chinese cities. Concurrently, the group diversified its agricultural base through strategic joint ventures with regional government bodies, including the Pahang State Agricultural Development Corporation (PKPP), to develop integrated multi-crop farming hubs incorporating cash crops, pineapples, bananas, aquaculture, and livestock alongside smart farming and digital traceability systems.