Topic > BLD Planation Company Profile and Background

BLD Plantation Bhd. was incorporated in Malaysia on 19 October 2001 and registered under the Companies Act 1965 as a public limited company. On 21 July 2003, it was listed on the main board of Bursa Malaysia Securities Berhad in the plantation sector. It mainly deals with investment participation and the provision of management services. The company's headquarters is now located in Kuching, Sarawak. It has several subsidiaries, including Bintulu Lumber Development Sdn. Bhd., Kirana Palm Oil Refinery Sdn. Bhd., Grand Mutual Sdn. Bhd., Niamas Istimewa Sdn. Bhd. and BLD Resources Sdn. Bhd. The structure of the company is illustrated in the following figure: Source: Official website of BLD Plantation website Figure 1 The structure of the company The following table shows the details of the subsidiaries: Profile of the subsidiary Bintulu Lumber Development Sdn. Bhd. Date of establishment: 20 October 1975 Main activities: Oil palm plantation, processing of fresh fruit bunches, sale of related products Ancillary activities: Raising of cattle and Boer goats Kirana Palm Oil Refinery Sdn. Bhd. Date of establishment: 17 August 1995 Main activities: Palm oil refinery and kernel crushing It has a palm oil refinery and kernel crushing plant in the Tanjung Kidurong Industrial Estate in Bintulu, Northern Sarawak. The facilities were commissioned in April 2008 and are located near the deepwater port of Bintulu. Related products are intended for both foreign and domestic markets. Grand Mutual Sdn. Bhd. Date of establishment: 5 January 1996 Main activities: management of oil palm plantations Ancillary activities: management of stone quarries for internal consumption Niamas Istimewa Sdn. Bhd. Date of Establishment: September 29, 2000Main Activities: Oil Palm Plantation......middle of paper......products and services while their mission is to support growth through efficient services and prudent and competitive application resource costs exceeding the expectations of their customers and shareholders. Directors and management of the company The company had five directors, including 3 non-executive directors and 2 executive directors. Of these 3 non-executive directors, there are 2 independent non-executive directors. The executive chairman of the company is Dato Henry Lau Lee Kong. The secretary of the board is Alvin Lau Lee Jen. The management team of BLD Plantation Bhd consists of 5 departments. These are the headquarters, operations, milling, planting, refining and crushing. In total, as of 30 June 2009, it had 2,687 workers, of which 1,040 were Malaysians. Source: BLD Plantation official website Table 3 Workforce Summary as of June 30 2009