BLD Plantation Bhd. (BLDP)
BLDP was incorporated in Malaysia as a public limited company under the Companies Act 1965 on 19 October 2001. It was listed on the Main Board of Bursa Malaysia Securities Berhad under the plantation sector on 21 July 2003. It serves as a parent Company to Bintulu Lumber Development Sdn. Bhd., Kirana Palm Oil Refinery Sdn. Bhd., Grand Mutual Sdn. Bhd., Niamas Istimewa Sdn. Bhd. and BLD Resources Sdn. Bhd. BLDP is principally engaged in investment holding and provision of management services.
Bintulu Lumber Development Sdn. Bhd. (BLD)
Incorporated in Malaysia as a private limited company under the Companies Act 1965 on 20 October 1975, BLD’s principal activities are oil palm plantation, processing of fresh fruit bunches, sales of related products while its ancillary activities are cattle and boer goat rearing.
Currently, BLD’s operations encompass developing of about 20,953 hectare (“ha”) of both mineral and peat soil areas at Lambir Land District and Sawai Land District (which are along the Miri-Bintulu main road) and Kabang Land District (which is at Batang Igan, Sibu) Sarawak into oil palm estates.
Kirana Palm Oil Refinery Sdn. Bhd. (Kirana)
Kirana has a palm oil refinery and kernel crushing plant at Tanjung Kidurong Industrial Estate in Bintulu, Sarawak’s northern region and they are strategically located close to deep-sea Bintulu Port. Both plants were commissioned in April 2008, and the related products are for both local and overseas markets. The plants serve to transform BLDP Group into a greater integrated palm oil player with upstream and downstream activities in years ahead.
Kirana was incorporated on 17 August 1995.
Grand Mutual Sdn. Bhd. (GM)
GM was incorporated in Malaysia on 5 January 1996. Similarly, the Company is developing about 3,100 ha of oil palm estates at Sawai Land District in Miri and Jelalong Land District in Bintulu, Sarawak apart from operating stone quarry for domestic consumption.
GM’s plantation land is adjacent to BLD’s oil palm plantations and this provides synergistic benefits to BLDP Group as it helps to reduce logistic and operational costs.
Niamas Istimewa Sdn. Bhd. (NI)
NI was incorporated on 29 September 2000. It is a joint venture company between Bintulu Lumber Development Sdn. Bhd. as investor and the natives from two longhouses ie Rh Belili and Rh Ngelayang in the Ulu Sungai Niah District in Miri division of Sarawak. NI is currently developing about 2,354 ha of oil palm plantation.
BLD Resources Sdn. Bhd. (BLDR)
Incorporated on 13 May 2002, BLDR is another vehicle of BLDP Group intended to enhance the Group’s oil palm concern for future development. The land is located between NI and BLD in the Niah/Sawai area.