Golden Agri-Resources Ltd (GARPF/GARPF.PK) Wrap Up:

Golden Agri-Resources Ltd, an investment holding company, engages in cultivating and harvesting oil palm trees, and processing fruit bunches into crude palm oil and palm kernel in Indonesia and internationally. It owns, operates, and manages oil palm plantations and mills and refineries, as well as operates an integrated deep sea port and storage facilities. The company produces bulk products, such as crude palm oil, palm kernel, palm kernel oil, palm kernel meal, olein, stearin, cocoa butter substitute, soybean oil, and soybean meal. Golden Agri-Resources also produces and sells a range of refined branded products, such as cooking oil, margarine, butter oil substitute, shortening, and fats for end-customers, restaurants, hotels, cafes, and industrial markets. In addition, it engages in the management of commercial and industrial real estate; and provision of management and consultancy services. Further, the company provides shipping and chartering services, and services in port loading, storage, and packaging, as well as transportation services. It also produces palm oil based bio-diesel and other renewable resources based bio-fuel; owns and cultivates ornamental plants; and trades in crude palm oil and related products. As of December 31, 2008, Golden Agri-Resources had a total planted area of approximately 392,000 hectares, 3 refineries, and 5 kernel crushing plants. The company is based in Singapore, Singapore.