Sarawak Oil Palms Berhad (5126.KL)

3.0000 +0.0100 (+0.33%) At close: 04:56PM MYT

Sarawak Oil Palms Berhad

No. 124-126, Jalan Bendahara
P.O. Box 547
Miri 98007
Malaysia
60 8 543 6969
https://www.sop.com.my

Sector(s): Consumer Defensive
Industry: Farm Products
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Lu Kuang Ling	Group Executive Chairman	1.01M	N/A	1977
Mr. Chiong Ho Ling	Group Business Advisor	4.8M	N/A	1952
Mr. Hee Kwong Wong	Group Chief Executive Officer	N/A	N/A	1962
Mr. Kheng Chiang Tho	CFO & GM of Special Assignment in Plantation	N/A	N/A	1979
Mr. Kwong Seng Kiu	Group COO & Company Secretary	N/A	N/A	1971
Mr. Melayong Galau	Head of Sustainability	N/A	N/A	N/A
Mr. Sieh Tung Wong	Head of Trading Operations & GM	N/A	N/A	1978
Siong Wung Wong	Group Financial Controller	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in MYR.

Description

Sarawak Oil Palms Berhad, an investment holding company, engages in the Cultivation, processing, refining, and trading of palm products and operates palm oil mills in Malaysia, the Asia Pacific, and internationally. It operates through two segments, Oil Palm and Property Development. The company processes fresh fruit bunches into crude palm oil. As of December 31, 2022, it owned a landbank of approximately 123,034 hectares. The company also engages in the refining crude palm oil and crushing palm kernels into refined, bleached, and deodorised (RBD) palm oil; RBD olein; RBD stearin; palm fatty acid distillates; palm kernel expellers; and crude palm kernel oil. In addition, it offers tocotrienols and palm beta carotene. Further, the company is involved in the provision of insurance and transportation services, and corporate support and services; development of residential and commercial properties; processing of oil palm by-products into fertilizers; packaging and distribution of cooking oil; marketing, selling, and distribution of health and food products; manufacture of biodiesel and phytonutrient products; issuance of bonds; and management and maintenance of roads and barges, as well as physiotherapy and training centre, and health and medical related activities. Sarawak Oil Palms Berhad was incorporated in 1968 and is headquartered in Miri, Malaysia.

Corporate governance

Sarawak Oil Palms Berhad’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.