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Fima CORPORATION Berhad

(197401004110) (21185-P) •

Annual Report 2020

39

At the mill, FFB are sterilized and pressed to extract oil

Organic Fertiliser Compost

Crude oil is then shipped to the refineries

The estate had also successfully installed

solar panels to generate power supply to

their workers quarters and office complex.

To-date, there has been a satisfactory

reduction in the estate’s electricity

consumption, with an average 605.23 kWh

saved per month, thus reducing the estate’s

average CO

2

e emissions by 0.79 tonnes.

Ladang Bunga Tanjong, Jeli, Kelantan

Area under cultivation totalled 1,162

hectares, of which 437 hectares have

been rehabilitated. During the year, FFB

production totalled 3,376 MT, at an average

yield per hectare of 7.72 MT. Replanting

works have been somewhat delayed with

only 90% (or 724 hectares) of the planned

programme completed during the year

due to labour shortage and adverse

weather conditions. Replanting works on

the remaining 79 hectares are currently

underway and expected to be completed in

this current financial year. Meanwhile, the

construction of 6 new quarters which can

comfortably accommodate 48 workers have

been completed.

Given that the estate will be fully cultivated

in this current financial year, management’s

focus will be on bringing the field’s

agronomic standards to the highest levels

and maximising yields.

Ladang Dabong, Kuala Krai and Ladang

Aring, Gua Musang, Kelantan

Ladang Dabong has fully completed

planting and development works on 194

hectares. In addition, the estate has started

scout-harvesting on 84 hectares.

Meanwhile, Ladang Aring recorded more

than 100% increase in its FFB yield to

14.35 MT/ha. Ladang Aring has again

encountered incidences of elephants

raiding its crops resulting in damage to

approximately 1,323 young palms. This

figure is significantly lower than 13,672

palms that were damaged last year. The

trenches and fencing that have been dug

up/built coupled with increased field

guarding actions have so far been effective

in preventing elephants from entering into

the estate. Be that as it may, all damaged

palms have to be replaced and in turn will

inevitably cause delays before they can

be harvested.

Ladang Sg. Siput, Perak

We have recently obtained the relevant

permissions and approvals to commence

development at our greenfield estate

in Sg. Siput, Perak measuring 2,000

hectares. Implicit in these approvals is

the requirement to abide by riparian

buffer zones, water catchment and forest

conservation areas. We hope to start and

complete the first phase of the plantation

development works in this current

financial year.

Capital Expenditure (“CAPEX”)

The division’s CAPEX spend in FYE2020

totalled RM16.30 million compared to

RM19.95 million in FYE2019. This was

primarily incurred on replanting and new

plantings of oil palm, construction of

staff and workers quarters, infrastructure

upgrading works and purchase of

equipment and vehicles.

Infrastructure at all our new developments

have been designed to facilitate infield

mechanization. We provide good quality

housing for our workers and further

investments in workers’ housing as well as

other estate infrastructures will continue

plantation Division : taking root