Anglo-Eastern Plantations PLCLSE Anglo-Eastern Plantations

Anglo-Eastern Plantations Plc engages in the ownership, operation and development of palm oil and rubber plantations. The firm has developed over 62,600 hectares of mature oil palm at approximately 16 plantations across Indonesia, together with one plantation in Malaysia. The firm operates approximately six palm oil mills in Indonesia processing up to a combined 310 metric ton (mt) of fresh fruit bunches (FFB) per hour. The company has purchased approximately 1.14 million mt of FFB from third party producers, comprising small plantations and local farmers, for processing through its mills. Its rubber plantations produced approximately 425 mt of raw latex and rubber lumps. Its four mills are equipped with biogas plants to capture the methane gas emission to generate electricity. The company operates a planted area of approximately 75,204 hectares, which includes North Sumatera, Bengkulu, Riau, Bangka, South Sumatera, Kalimantan, Plasma Scheme and Malaysia.