Kuala Lumpur Kepong Berhad

Kuala Lumpur Kepong Berhad
Company typePublic limited company
MYX: 2445
ISINMYL2445OO004
IndustryPlantation (core business), manufacturing (resource-based), property, retailing
PredecessorThe Kuala Lumpur Rubber Company, Limited (KLR) (1906–1960)
Kuala Lumpur-Kepong Amalgamated Limited (KLKA) (1960–1973)[1]
Founded1906
HeadquartersWisma Taiko, No. 1, Jalan S.P. Seenivasagam, 30000 Ipoh, Perak, Malaysia
Key people
R. M. Alias, Chairman
Lee Oi Hian, CEO
RevenueIncrease MYR 7,490.6 million (2010)[2]
Increase MYR 1,409.2 million(2010)[2]
Increase MYR 1,012.3 million (2010)[2]
Total assetsMYR 5,440,741 million (2010)[3]
Number of employees
38,000[4]
Websitewww.klk.com.my

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[3] 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 is listed on the Bursa Malaysia and is Malaysia's third-largest palm oil producer.[5] KLK was ranked 1858th[6] 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.[7] The late Thong Yaw Hong, (former) secretary general of the Malaysian Treasury, sat on the board of KLK.[8] [9] Lee Oi Hian, the CEO of KLK, is or was chairman of the board of trustees of the Malaysian Palm Oil Council.[10]

  1. ^ "Corporate History". Archived from the original on 12 March 2010. Retrieved 9 August 2011.
  2. ^ a b c "KUALA LUMPUR KEPONG BHD (KLK:Kuala Lumpur)". Archived from the original on 19 January 2013. Retrieved 9 August 2011.
  3. ^ a b "KUALA LUMPUR KEPONG BHD ANNUAL REPORT 2010" (PDF). Archived from the original (PDF) on 10 August 2014. Retrieved 9 August 2011.
  4. ^ "KUALA LUMPUR KEPONG BHD (KLK:Kuala Lumpur)". Archived from the original on 31 October 2010. Retrieved 9 August 2011.
  5. ^ Kuala Lumpur Kepong Bloomberg
  6. ^ Kuala Lumpur Kepong Forbes.com
  7. ^ Malaysia 100 2014 Archived 10 March 2015 at the Wayback Machine brandirectory.com
  8. ^ Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 82
  9. ^ "Public bank co-chairman Thong dies | theSundaily". thesundaily.my. Retrieved 30 May 2016.
  10. ^ Helena Varkkey, The Haze Problem in Southeast Asia (Abingdon: Routledge, 2015), p. 82/83