Oil Palms Berhad Case Study

874 Words4 Pages

Sarawak Oil Palms Berhad(SOPB) is one of the public company in Malaysia and SOPB were involved primarily in the cultivation of oil palms and the operation of palm oil mills. In 1968 Sarawak oil palms berhad was incorporation as Sarawak Oil Palms Sendiri Berhad and in the year 1969 they was stared to plantation the oil palm at the Sarawak, Miri and Lambir Estate. Sarawak Oil Palms Sendiri Berhad had been conversion to Sarawak Oil Palms Berhad in the year 1990 as well as had been listing on the Main Board of Bursa Malaysia in the year 1991. In the year 2004, SOPB was developed an area about 2,023 hectares more or less into oil palm plantation with joint venture agreement with Sarawak Economic Development Corporation. On top of that, SOPB had …show more content…

SOPB established its first palm oil refinery and fractionation facility with an installed capacity of 1500 tonnes a day in both refining and fractionation process. Furthermore, one of the boards of directors of the SOPB is Tan Sri Datuk Ling Chiong Ho was been appointed as become a director on the year 1995 and he also been appointed as the Group Non-Executive Chairman in the year 2003. SOP Properties Sdn. Bhd is one of the company wholly owned subsidiary by SOPB and was incorporated in the year 2009. SOP Properties Sdn. Bhd is mainly focuses on building a quality homes with the innovative design. They core concept is developing self-contained properties which consist of public amenities, commercials as well as gearing the projects towards creating value in the longer term. They not only create additional value to its buyers’ investment, it also benefits the communities who reside in …show more content…

This is due to the reason that the party would need to pay greater amount of local currency in order to purchase the foreign currencies. Therefore, the party in order to hedge against the risk of higher exchange rate, they would have to take a long position in the forward contracts which fixed the exchange rate that will be applied at the specified time in the future. In contrast, when there is depreciation in the foreign currencies would affect negatively to those party who want to sell the foreign currencies for local currency. Hence, those parties would need to take a short position in the forward contracts, in order to hedge against the risk of unfavourable exchange rate in the

More about Oil Palms Berhad Case Study

Open Document