- CEO
- Hee Kwong Wong
- Full Time Employees
- 10,068
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- No. 124-126, Jalan Bendahara Miri SA Malaysia 98007
- IPO Date
- Aug 16, 1991
- Business
- Sarawak Oil Palms Berhad, operating as an investment holding company, centers its activities on the cultivation, processing, refining, and global distribution of palm products, alongside managing palm oil mills primarily within Malaysia, with a presence across the Asia Pacific region. The company operates through its principal segments: Oil Palms and Property Development. Its primary agricultural efforts involve growing oil palms and transforming fresh fruit bunches into crude palm oil and palm kernels at its milling facilities. As of December 2024, the group managed a vast land area of approximately 123,016 hectares in Sarawak, with 83,916 hectares planted with oil palms. Beyond its upstream operations, the company engages in extensive downstream processing. This includes refining crude palm oil and crushing palm kernels to produce a diverse range of items such as refined, bleached, and deodorized (RBD) palm oil, RBD olein, RBD stearin, and palm fatty acid distillates. From palm kernels, it yields palm kernel expellers and crude palm kernel oil. The product portfolio extends to various branded edible oils like MERRIS and SARACO, specialty frying and bakery fats, and a line of nutraceutical and cosmeceutical products featuring tocotrienols and palm beta-carotene. The company also offers a suite of complementary services, encompassing insurance, transportation, and corporate support. It is involved in developing residential and commercial properties, converting oil palm by-products into fertilizers, and the packaging and distribution of cooking oils. Further diversifications include manufacturing biodiesel and phytonutrient products, managing roads and barges, and providing physiotherapy and training services, alongside health and medical activities. Sarawak Oil Palms Berhad, established in 1968, maintains its corporate headquarters in Miri, Malaysia. The company has recently emphasized maximizing yields from its current plantations, with a target production growth of 5% in 2025, and is committed to achieving 100% traceability to the plantation level by the same year.