Subur Tiasa Holdings Berhad 2018 AR2
The report highlights Subur Tiasa Holdings Berhad's performance and sustainability initiatives for the fiscal year ended July 31, 2018. The company completed the acquisition of Simunjan Estate, expanding its land bank by 15,000 hectares for oil palm plantation and sustainable tree planting. Additionally, a Memorandum of Understanding was signed with the Sarawak Timber Industry Development Corporation to develop a pilot project for bamboo plantation. Despite a challenging year with a decrease in revenue to RM322.2 million due to lower log production and export quotas, the company continued to progress toward Malaysian Sustainable Palm Oil certification for its estates.
Company: Subur Tiasa Holdings Berhad
Sector: Agriculture, forestry & fishing
Country: Malaysia
Year: 2018
Type: AR2
Pages: 140
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Subur Tiasa Holdings Berhad
Annual Report
The report highlights Subur Tiasa Holdings Berhad's performance and sustainability initiatives for the fiscal year ended July 31, 2018. The company completed the acquisition of Simunjan Estate, expanding its land bank by 15,000 hectares for oil palm plantation and sustainable tree planting. Additionally, a Memorandum of Understanding was signed with the Sarawak Timber Industry Development Corporation to develop a pilot project for bamboo plantation. Despite a challenging year with a decrease in revenue to RM322.2 million due to lower log production and export quotas, the company continued to progress toward Malaysian Sustainable Palm Oil certification for its estates.
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Document Details
Report Year
2018
Reporting Period
Aug 1, 2017 - Jul 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board