Plantation

Overview

FimaCorp Group is engaged in the development, cultivation and management of oil palm estates as well as the processing of oil palm products. The Group now owns and operates 12 estates in Malaysia and Indonesia with a total plantable landbank area of 12,672 hectares (FYE2022: 12,809 hectares) of which 9,242 hectares (FYE2022: 8,702 hectares) have been planted with oil palm. 7,951 hectares (FYE2022: 7,329 hectares) of the oil palm are mature. The Group also owns a 45 MT/HR palm oil mill in Indonesia.

Estates

Subsidiaries Estate/Location Land Area
(hectare)
Planted Area
(hectare)
Principle Activities
PT Nunukan Jaya Lestari Kalimantan Timur, Indonesia 5,441.37   Oil palm production and processing
-Belian Estate   959.98  
-Jati Estate   1,465.96  
-Kempas Estate   1,557.44  
-Meranti Estate   1,457.83  
Cendana Laksana Sdn Bhd (1024167-W) Kemaman, Terengganu
- Ladang Fima Cendana
785.39 777.05 Oil palm cultivation
Gabungan Warisan Sdn Bhd (327836-P) Kuala Krai, Kelantan
- Ladang Fima Dabong
249.82 215.80 Oil palm cultivation
Taka Worldwide Trading Sdn Bhd (714855-P) Gua Musang, Kelantan
- Ladang Fima Aring
202.34 194.10 Oil palm cultivation
Etika Gangsa Sdn Bhd (754947-D) Gua Musang, Kelantan
- Ladang Fima Aring
202.34 196.76 Oil palm cultivation
Fima Sg. Siput Estate Sdn Bhd (1067900-V) Sg Siput, Perak 2,000.00 202.68 Oil palm cultivation
Ladang Bunga Tanjong Sdn Bhd (389827-K) Jeli, Kelantan 1,331.00 1,274.67 Oil palm cultivation
Ladang FCB Kuala Betis Gua Musang, Kelantan 935.30 - Oil palm cultivation
Ladang FCB Aring Gua Musang, Kelantan 2,302.00 400.00 Oil palm cultivation

Statistics

Year FYE2023 FYE2022 FYE2021 FYE2020 FYE2019
Palm Age Profile
> 19 years 4,251 2,076 - - -
10 – 18 2,304 4,259 5,942 6,702 6,560
4 – 9 1,396 994 901 546 390
  7,951 7,329 6,843 7,248 6,950
Rehab - - - - -
Replanting - - - - -
Immature 1,291 1,373 1,321 1,595 1,560
Total Planted Area (Hectares) 9,242 8,702 8,164 8,843 8,510
Total FFB (MT)
FFB Production 148,958 153,279 148,759 156,450 166,080
FFB Purchased 46,379 47,233 34,339 40,257 49,902
  195,337 200,512 183,098 196,707 215,982
Yield Per Hectare (MT) 18.73 20.91 20.39 21.58 24.19
CPO Production (MT) 35,783 38,220 35,424 40,934 47,966
Oil Extraction Rate (%) 20.41 21.10 21.08 21.68 22.34
Average CPO Price Realise (RM/MT) 3,492 3,914 2,883 2,127 2,066