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Glenealy Plantations (M) Bhd - 2372(GNEALY)

Glenealy Plantations (M) Bhd - 2372 (GNEALY)

Glenealy Plantations (M) Bhd lists under Main Market of Bursa Malaysia. It has been classified in the Plantations sector. The stock code uses in Bursa Malaysia is "2372" or identify by stock name of "GNEALY". More information about Glenealy Plantations (M) Bhd can be found in their website (www.glenealy.com.my).

EntitlementEx-DateLodgementPayment
Special Single Tier Interim Dividend 52.75ยข03-10-201205-10-201202-11-2012
First & Final 15 cents06-12-201108-12-201116-12-2011
Stock quote also available at Bursa Malaysia, The Star.
 

Glenealy Plantations (Malaya) Bhd was incorporated in 1958 and was listed on the Main Board of Bursa Malaysia since 1973. In 1994, Glenealy became an associate company of Lingui Developments Berhad, an integrated forest resource and wood products company also listed on the Main Board of Bursa Malaysia.

Glenealy Plantations (Malaya) Berhad is principally involved in the operations of oil palm plantations in Sabah and Sarawak, Malaysia, and in Indonesia. Glenealy has a proud history that stretches over 50 years. Incorporated in 1958, it has grown to be an efficient plantation company, listed on the Main Board of Bursa Malaysia since 1973. In 1994, Glenealy became an associate company of Lingui Developments Berhad, an integrated forest resource and wood products company also listed on the Main Board of Bursa Malaysia.

The Group has 21,123 ha of landbank for development in Jelalong, Sarawak and 30,600 ha in Kalimantan Timur, Indonesia. The Group also has three palm oil mills, located in Belaga and Lana in Sarawak, and in Lahad Datu in Sabah. Each of these mills is well equipped with state-of-the-art milling technology and is professionally managed by a pool of expertise. Timor Enterprises is a testament to this efficiency as it received recognition from Malaysian Palm Oil Board (MPOB) for achieving the highest oil extraction rate (OER) in Sarawak under the Own Fruit Supply Category in 2002 & 2007.

The Group's subsidiaries in Kalimantan Timur, Indonesia now hold an estimated plantable landbank of approximately 10,000 hectares under location permit (izin lokasi) status in Kabupaten, Kalimantan Timur. A nursery has been established, and land clearing and planting works will be commencing.

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