RSB was incorporated
in Malaysia under the Act on 12 May 2005 as a private limited company.
On 9 June 2005, it was converted to a public limited company.
RSB is principally an investment holding company whilst its subsidiaries are mainly involved in the cultivation of oil
palm and processing of palm oil. The Group owns approximately 14,000 Hectares (Ha) of plantation land together with a palm
oil mill in Miri, Sarawak. Its annual proforma Fresh Fruit Bunches (FFB) productions for the financial year ended
31 August 2006 was approximately 140,000 metric tones (mt). The total annual productions of Crude Palm Oil (CPO) and
Palm Kernel (PK) for the financial year ended 31 August 2006 were approximately 70,000 mt and 15,000 mt respectively.
The end products of RSBís oil milling operations, i.e. CPO and PK are solely sold to Bintulu Edible Oils Sdn Bhd (BEO),
which operates one of the major palm oil refineries in Sarawak presently.
RSBís subsidiaries are:
- R.H. Plantation Sdn Bhd (RHP)
Its principal activities are
the cultivation of oil palm and processing of palm oil.
- Timrest Sdn Bhd (TR)
activity is the cultivation of oil palm.
- Rimbunan Sawit Holdings Bhd (RSHB)
activity is investment holding.
- Midas Plantation Sdn Bhd (MP)
a special purpose vehicle, which is set up to facilitate the issuance
of Islamic Securities.
Rimbunan Sawit Berhad
No. 85 & 86, Pusat Suria Permata
Jalan Upper Lanang 12A
96000 Sibu, Sarawak