Sarawak Oil Palms Berhad

Sarawak Oil Palms Berhad (SOPB), a Malaysian investment holding company founded in Miri in 1968, boasts extensive global operations spanning the entire palm oil value chain. The company is actively involved in cultivating, processing, refining, and trading various palm products, operating palm oil mills across Malaysia, the Asia Pacific region, and internationally. Its business activities are primarily categorized under two main segments: Oil Palm and Property Development. SOPB transforms fresh fruit bunches into crude palm oil, and as of December 31, 2022, it oversaw an impressive landbank of approximately 123,034 hectares. Beyond crude oil production, the company refines crude palm oil and crushes palm kernels to produce a diverse range of derivatives, including refined, bleached, and deodorised (RBD) palm oil, RBD olein, RBD stearin, palm fatty acid distillates, palm kernel expellers, and crude palm kernel oil. Its product portfolio also extends to nutritional supplements such as tocotrienols and palm beta carotene. The company further diversifies its operations through various ventures, including the provision of insurance and transportation services, corporate support functions, and the development of both residential and commercial properties. SOPB also processes oil palm by-products into fertilizers, handles the packaging and distribution of cooking oil, markets and sells health and food products, and manufactures biodiesel and phytonutrient products. Additionally, it engages in bond issuance, manages and maintains roads and barges, and operates physiotherapy and training centers, alongside other health and medical-related activities.