16-666: Kuala Lumpur Kepong Berhad ( KLK ) ( MYX : 2445 ) is a Malaysian multi-national company. The core business of the group is plantation (oil palm and rubber). The company has plantations that cover more than 250,000 hectares in Malaysia (both Peninsular and Sabah ) and Indonesia ( Belitung , Sumatra and Kalimantan ). Since the 1990s, the company has diversified its business activities such as resource-based manufacturing ( oleochemicals , derivatives and speciality chemicals ), property development and retailing (personal care products, toiletries and fine foods) with worldwide presence. The company
32-468: A common user liquid storage terminal at Westport , Port Klang . The production factories of Dr.W.Kolb AG are located below: KLK owns KL-Kepong Country Homes Sdn. Bhd. Notable residential areas developed by KLK are Desa Coalfields and Seri Coalfields, both in Sungai Buloh , Selangor. Crabtree & Evelyn is a retailer of personal care products, toiletries, home fragrance products and fine foods with
48-465: A demutualized exchange and was renamed Bursa Malaysia in 2004. It consists of a Main Board, a Second Board and MESDAQ (now ACE Market) with total market capitalization of ( USD $ 397.39 billion). On 7 May 2024, Bursa Malaysia hit RM2 trillion in market capitalisation for the first time. Securities Commission Malaysia The Securities Commission Malaysia ( Malay : Suruhanjaya Sekuriti Malaysia )
64-480: A single market with the same stocks and shares listed at a single set of prices on both boards. The Malaysian Stock Exchange was formally formed in 1964, and in the following year, with the separation of Singapore from Malaysia , the stock exchange continued to function under the Malaysian and Singapore Stock Exchange (MSSE). In 1973, with the termination of currency interchangeability between Malaysia and Singapore,
80-467: A wide range of currency exchange and related services, including trading, settlement, clearing and savings services. Along with the Securities Commission of Malaysia , the stock exchange regulates the capital market in Malaysia and, through its facilities, upholds the duty to manage and maintain order in the trading of stocks, bonds and derivatives. Bursa Malaysia was established in 1930, when
96-627: Is a Malaysian statutory body with responsibility for the development and regulation of capital markets in the country. It is located in Bukit Kiara , near the National Science Centre of Kuala Lumpur . On March 1 1993, the Securities Commission Malaysia was established as a self-funded statutory body. The body functions to serve as the authority in developing and maintenance of a secure, efficient and orderly operations of
112-528: Is listed on the Bursa Malaysia and is Malaysia's third-largest palm oil producer. KLK was ranked 1858th in the 2013 Forbes Global 2000 Leading Companies, with market cap of US$ 6.91 billion. In 2014, KLK was ranked 23rd most valuable Malaysia brand on the Malaysia 100 2014 with a brand value of US$ 364 million. The late Thong Yaw Hong, (former) secretary general of the Malaysian Treasury, sat on
128-462: Is listed on the stock exchanges of Kuala Lumpur, Singapore and London. In 1979, the Head Office was moved from Kuala Lumpur to Ladang Pinji, Perak. Plantation is the core business of KLK. Currently, KLK has more than 250,000 ha. of plantations areas in Malaysia and Indonesia. The annual production for fresh fruit bunches (FFB) is 3.1 million tonnes. KLK's own mills and refineries will then process
144-831: The Singapore Stockbrokers Association became an official organization of securities in Malaya . In 1937, it was re-registered as the Stockbrokers' Association of Malaya, but it still did not trade public shares. In 1960, the Malayan Stock Exchange was formed and public trading started on 9 May that year. In 1961, a board system was introduced in two trading places, one in Singapore and one in Kuala Lumpur. The two trading rooms were linked by direct telephone lines into
160-515: The Fraser Mill was opened in 1967. In 1971, KLKA opened its Head Office in Kuala Lumpur. The next year, KLKA's tax residence was transferred from the United Kingdom to Malaysia. In 1973, Kuala Lumpur Kepong Berhad (KLK) was incorporated in Malaysia and under a Scheme of Reconstruction, KLKA went into voluntary liquidation with KLK taking over the assets and liabilities of KLKA. The company's shares
176-799: The SEMS was separated into the Kuala Lumpur Stock Exchange Bhd (KLSEB) and the Stock Exchange of Singapore (SES). Malaysian companies continued to be listed on SES and vice versa. A new company limited by guarantee, The Kuala Lumpur Stock Exchange (KLSE) took over operations of KLSEB as the stock exchange. In 1994, it was renamed Kuala Lumpur Stock Exchange. It also fully suspended the trading of CLOB (Central Limit Order Book) counters, indefinitely freezing approximately US$ 4.47 billion worth of shares and affecting 172,000 investors, most of them Singaporeans. Kuala Lumpur Stock Exchange (KLSE) became
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#1732859531737192-718: The board of KLK. Lee Oi Hian, the CEO of KLK, is or was chairman of the board of trustees of the Malaysian Palm Oil Council. KLR was founded in London, in 1906 to oversee some 600 ha. plantations (rubber and coffee) in Malaya (now Malaysia). In 1907, the shares of KLR were listed on the London Stock Exchange. In 1960, KLR changed its name to KLKA. The group started to plant oil palm in Fraser Estate. The group's first mill,
208-695: The capital markets in Malaysia. It is a regulator and enforces its regulations to ensure the growth of capital market activities and market institutions within the financial sector. In 2009 the commission and the Central Bank of Malaysia established the Asian Institute of Finance . They also established the Finance Accreditation Agency in 2013. With Bursa Malaysia , they introduced Electronic Share Payment for e-payment of stock market transactions, and e-Dividend ; both were announced in
224-407: The crop into crude palm oil , RBD palm olein and stearin, and kernel oil and cake. Meanwhile, in 2010, the production of rubber was approximately 23 million kg. It is among the few companies, that have been prosecuted for open burning so far. As of September 2010, the geographical distribution of the group's plantations is as follows: Source: The core division of the sector is KLK Oleo, one of
240-809: The headquarters in Woodstock, Connecticut, USA. The brand is sold in 40 countries. In early 2012, the Crabtree & Evelyn business was sold to Khuan Choo International Limited for US$ 155 million. Bursa Malaysia Bursa Malaysia is the stock exchange in Malaysia . It is one of the largest bourses in ASEAN . It is based in Kuala Lumpur and was previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides full integration of transactions, offering
256-698: The largest palm oil based oleochemicals producer in the world. KLK marked it entrance into oleochemicals back in 1991, with the opening of Palm-Oleo Sdn. Bhd. Currently, KLK Oleo consists of nine companies, six in Malaysia, two in China and one in Europe (situated in Emmerich am Rhein , Germany). The full list of the companies is shown below. KLK also owns Dr. W. Kolb Holding AG, a producer of nonionic surfactant with their headquarters in Switzerland and Stolthaven (Westport) Sdn. Bhd.,
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