Beverly Hills 12/5/2009 5:04:19 AM
News / Business

Asian Plantations Becomes Listed on the AIM

Financial World News Update by Equities Magazine

Asian Plantations Limited, a palm oil company incorporated in Singapore, achieved its 2009 goal of becoming a publicly listed company. The producers of the edible oil, whose corporate mission began in 2007, became listed on the AIM on the London Stock Exchange.

Asian Plantation Limited is a holding company with subsidiaries involved in the acquisition, development, operation and management of palm oil in Malaysia. Over the next year and in into 2011 the company plans to expand business operations to include the cultivation of 20,000 acres plantation land, harvesting fresh fruit bunches and processing the fruit into crude palm oil. Despite being unknown to many Westerners, palm oil is the leading globally edible oil.

Due to palm oil's eco-friendly nature and cultivation processes, Asian Plantations Limited believes the market for palm oil will continue to expand as Westerners look for the cheapest, "green" alternative edible oil. Additionally, palm oil is trans fat free and has been proven to aid in heart health, a common concern for Westerners threatened by heart disease.

The company sees such characteristics as a major draw and imagines that Asian Plantations Limited will become a global leader in its field.

About Asian Plantations Limited

Asian Plantation Limited is a Singapore incorporated company with 100 % owned Malaysian subsidiaries involved in the acquisition and development of palm oil plantation land in Sarawak, Malaysia. The company’s business strategy is to acquire under-priced, properly zoned agricultural land, which can be developed into high quality mature palm oil estates. The company became listed on the AIM (London Stock Exchange) in 2009.

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