Hap Seng Plantations is one of the largest producers of sustainable palm oil in Sabah, East Malaysia. It is focused in the upstream activities in the palm oil industry where it grows oil palms in its estates, harvests and processes fresh fruit bunches (FFB) into crude palm oil (CPO) in its own mills.
Hap Seng Plantations operates on one contiguous block of plantation land of approximately 36,354 hectares between Lahad Datu and Sandakan region, consisting of three Groups of Oil Palm Estates – Tomanggong Group of Estates, Sungai Segama Group of Estates, Jeroco Group of Estates.
ANNUAL REPORT 2020 4 HAP SENG PLANTATIONS HOLDINGS BERHAD THE GROUP IS AN OIL PALM PLANTATION COMPANY LISTED ON BURSA MALAYSIA. THE GROUP IS ONE OF THE LARGEST PRODUCERS OF SUSTAINABLE PALM OIL IN SABAH WITH A LANDBANK OF 39,727 HECTARES ACROSS FIVE ESTATES.
Hap Seng Consolidated Berhad is a public listed company in the main market of Bursa Malaysia. It is a well diversified conglomerate with seven core businesses - plantations, property development and investment, credit financing, automotive, fertilizers trading, quarry and building materials as well as trading.
Hap Seng Plantations has 5 plantation estates. They include Jeroco, Tomanggong, Sungai Segama, Ladang Kawa and Kota Marudu. The total planted area measures 40,279 hectares where 32,374 hectares or 90% of its planted area are matured. Over the last 5 years, Hap Seng has produced, on average, 700,000 tonnes of FFB per annum.
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