Beverly Hills 12/16/2009 5:20:51 AM
News / Business

Asian Plantations Become Listed on London Stock Exchange

Financial World News Update by Equities Magazine

Companies on the Move by EQUITIES Magazine, Asian Plantations Limited

 

Asian Plantations Limited, the Singapore-incorporated palm oil producer is now listed as a public company on London’s Alternative Investment Market. The company has steadily expanded since its inception and has already laid out plans for continued growth into 2011.

 

Asian Plantations expects to expand from their nearly 5,000 acre harvest plantation to 10,000 by the close of 2010. By 2011, the company intends to have over 20,000 acres of mature palm oil harvest.

 

Asian Plantation's expansion is expected to parallel the rising demand for palm oil as news of its heart-health benefits and inexpensive production costs spread to the Western world. Palm oil has long been considered a staple of diets in developing nations, and has established itself as the globally prevailing edible oil.

 

The palm oil industry continues to grow and Asian Plantations Limited intends to further its advancement on the global market.

 

The objective is not simply a business venture, but an eco-venture as well. Palm oil's intrinsic green potential manifests itself in a number of ways. Palm oil has the lowest production costs and the smallest carbon footprint of all edible oils, meaning its potential for sizable yields and ecological benefits can be quite substantial.

 

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 sector of the London Stock Exchange in 2009.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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