PPB Group Berhad (“PPB”) is an investment holding and property investment company listed on the Main Market of Bursa Malaysia Securities Berhad, the Malaysian stock exchange. Incorporated in Malaysia in 1968, the PPB Group today is a conglomerate with total assets and market capitalisation of RM24.9 billion and RM26.4 billion respectively as at 31 December 2020.
PPB is headquartered in Kuala Lumpur, Malaysia and has operations in China, Vietnam, Indonesia, Thailand and Singapore with about 4,800 employees in the Malaysian operations.
The Group’s main contributor, Grains & Agribusiness segment, comprises flour and animal feed milling; grains trading and livestock farming. The FFM Group in which PPB has 80% equity interest, owns and operates a total of nine flour mills, five in the country, two in Vietnam and one each in Thailand and Indonesia. FFM Group also has 20% interest in eight associates in China with a combined flour milling capacity of 17,550 mt/day. Under the Consumer Products segment, the Group has moved into downstream activities including food processing, bakery, marketing and distribution of edible oils and consumer products.
In the Film Exhibition & Distribution segment, wholly-owned subsidiary, Golden Screen Cinemas Sdn Bhd is the largest film exhibitor in Malaysia with 339 screens in 33 locations nationwide, capturing more than 40% of domestic box office collections.
PPB’s strategic acquisitions and business ventures over the years have enabled it to successfully diversify its businesses to include Environmental Engineering & Utilities led by the Chemquest Group in which PPB has 55% equity interest. This segment provides water engineering, sewage treatment, solid waste management and flood mitigation services.
PPB owns and manages several retail/commercial properties comprising a shopping centre, Cheras LeisureMall, and an office building, Cheras Plaza in Taman Segar, Kuala Lumpur as well as New World Park and the Whiteaways Arcade in Georgetown, Penang. Two whollyowned subsidiaries of PPB, PPB Hartabina Sdn Bhd and PPB Property Development Sdn Bhd, carry out property development, and provide project and property management services, respectively, for projects undertaken and properties owned by PPB Group companies and affiliates.
PPB owns 18.6% equity interest in one of Asia’s largest integrated agribusiness groups, Wilmar International Limited (“Wilmar”). Wilmar’s business encompasses the entire value chain of the agricultural commodity business, from cultivation and milling of palm oil and sugar cane to processing, branding and distribution of a wide range of edible food products. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries.