CORE BUSINESS

On 25 May 2004 , Tradewinds (M) Berhad and Johore Tenggara Oil Palm Berhad announced the proposed merger involving fourteen of Tradewinds (M) Berhad's plantation subsidiary companies with Johore Tenggara Oil Palm Berhad. The merger was completed on 28 February 2006 . Pursuant to the merger, the listing status of Johore Tenggara Oil Palm Berhad was transferred to Tradewinds Plantation Berhad which made its debut listing on the Main Board of Bursa Malaysia on 15 March 2006 .

Tradewinds Plantation Berhad's operations is one of the largest in Malaysia. In 2009 the Company's landbank increased by 989 hectares to 141,652 hectares. Almost 85,000 hectares representing 60% of the Company's landbank has been planted with oil palm while further 14,447 hectares or 10.2% of the landbank is under development.

The Company's diversification into rubber has seen 3,795 hectares planted with rubber trees, of which 579 hectares is matured whilst 3,216 hectares has yet to mature. A total of 369 hectares are currently under development. These areas represent 67% of the Company's rubber plantation land.

 

AREA STATEMENT AS AT 31 DECEMBER 2009

 
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