Saturday, 20 March 2010

Profile of PPB Group Bhd

Profile of PPB

Through organic growth as well as strategic acquisitions and JVs, PPB has become a well-diversified conglomerate engaged in a wide spectrum of activities ranging from:
  • flour and feed milling, 
  • environmental engineering and waste management, 
  • shipping,
  • film exhibition & distribution, and 
  • property development.  
The disposals of PPB Oil and the group's edible oils, specialty fats, oleochemicals and trading business under PGEO Gp and Kuok Oils & Grains was completed end June 07.

As a result of this corporate exercise, PPB became the second largest shareholder in Wilmar International (Wilmar), owning 18.3% equity interest.  
  • Wilmar is one of Asia's integrated agribusiness groups and is also a palm oil refiner.  
  • Its products are delivered via a distribution network to more than 30 countries.
PBB disposed its sugar refining and cane plantations in 2010.

Source:  SPG Dynaquest

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