^{Logo-Johor Plantations Berhad}


JOHOR BAHRU, March 23 (Bernama) -- Kulim (Malaysia) Berhad (KULIM) has consolidated all of its plantation business under its subsidiary Johor Plantations Berhad (formerly known as Mahamurni Plantations Sdn Bhd).

The move is a result of a business transformation at KULIM which involves Johor Plantations managing KULIM’s landbank of more than 60,000 ha, 23 estates, five mills, and trading & services activities in Malaysia, including its renewable energy initiatives comprising a biomethane plant and five biogas plants.

The renaming of the subsidiary’s name to Johor Plantations is in line with its vision to be widely recognised as an integrated plantation company that produces high-quality, sustainable, and traceable speciality oils and fats. The new name gives the company a sense of origin since its estates, mills and operations are almost entirely located in the state of Johor. This includes the close business relationship the company has with Johor smallholders.

Johor Plantations has appointed Mohd Faris Adli Shukery as its Managing Director. He joined KULIM in October 2020 as Managing Director and was tasked to spearhead its reorganisation and transformation agenda. Mohd Faris will also continue with KULIM as a Non-Independent Non-Executive Director.

Tan Sri Dr Ismail Bakar, who was appointed as the Chairman of KULIM in May 2022, will lead the Johor Plantations board of directors. The 10-person board of directors comprises four non-independent directors and six independent directors.

The four non-independent directors are Tan Sri Dr Ismail Bakar, Mohd Faris Adli Shukery, Dato’ Sr. Hisham Jafrey and Shamsul Anuar Abdul Majid. The six independent directors are Abdullah Abu Samah, Fawzi Ahmad, Mohd Fazillah Kamaruddin, Ong Li Lee, Norita Ja’afar, and Vinie Chong Pui Ling. The board of directors brings together various backgrounds and experts in fields such as sustainability practitioner, regulatory and compliance, financial management, commercial, and strategic planning.

The reorganisation is a part of KULIM’s ongoing five-year business transformation to be a progressive, efficient, profitable, and respectable agribusiness company in the region. It also establishes KULIM as the agribusiness group of its parent company Johor Corporation (JCorp).

Under the restructuring, KULIM’s agrofood segment, which includes agro farming and livestock operations, is placed under Farmbyte Sdn Bhd (FarmByte) and managed by Chief Executive Officer Syed Aiman Syed Jaafar.

With the reorganisation, stakeholders and customers can expect the same high level of service from Johor Plantations and FarmByte that they have come to expect from KULIM.

About Johor Plantations Berhad

Johor Plantations Berhad is a subsidiary of Kulim (Malaysia) Berhad, a Johor Corporation (JCorp) company.

The principal activities of Johor Plantations are oil palm cultivation and the processing of fresh fruit bunches into crude palm oil and palm kernel oil. It owns and manages plantations and mills in Malaysia, focusing on the state of Johor.

The company is also involved in managing estates, seeds production, agricultural and landscaping supplies as well as machinery and parts for agricultural use. It also operates renewable energy facilities and provides safety and health training and related services.

As historical background, Johor Plantations was incorporated in Malaysia on 21 March 1978 as a private limited company under the name of Yule Catto Plantation Sdn Bhd. The company changed its name to Mahamurni Plantations Sdn Bhd on 12 May 1993. In 1994, KULIM acquired 100% equity in the company from JCorp. The company changed its name to Johor Plantations Sdn Bhd on 12 February 2023 and converted to a public limited company on 20 February 2023.

SOURCE: Kulim (Malaysia) Berhad (KULIM)

FOR MORE INFORMATION, PLEASE CONTACT: 
Johor Plantations Berhad
Name: Nor Suhaila Abdul Latif
Head of Corporate Services
Tel: 019 775 9464
Email: suhaila@johorplantations.com

Name: Dalilah Ibrahim
Corporate Communication
Tel: 012 328 1727
Email: dalilah@johorplantations.com

--BERNAMA