Golden Hope Plantation Berhad (Malaysia)

Description

• Golden Hope Plantations Berhad has been in the plantation business for 161 years. It was established in 1844 under the name of Harrison and Crossfield. • The company was renamed Golden Hope Plantations Berhad in 1990 to reflect change in management when Permodalan Nasional Berhad acquired its majority equity. • Golden Hope is now one of Bursa Malaysia’s top 30 companies in terms of market capitalisation and has 26,000 employees. • It is the first Malaysian public-listed plantation group with downstream refineries and activities in oils and fats industry in Europe and South Africa. • It is a strong environmental advocate with global awards including the Forest Stewardship Council Certification (FSC), ISO 14001, ISO 9000, ISO 9001 and COC. • It is the first plantation company in Malaysia to receive the Global 500 Award by the United Nations Environment Programme (UNEP) for its “Zero Burning” practices. • It is also a founder member of the Roundtable on Sustainable Palm Oil (RSPO) which comprises plantation companies, industries as well as environment-related Non-Governmental Organisations and interest groups. • It has operations in seven countries - The Netherlands, Vietnam, China, Bangladesh, Indonesia, Germany and South Africa. • Since completing its rationalisation exercise with Island & Peninsular Berhad in November 2004, Golden Hope focuses only on its core competency which is plantation and its downstream activities. • It now owns 190,000ha of plantation land and deals mostly with oil palm and palm oil products.


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