GARPY Stock, Golden Agri-Resources Ltd. ADR Information
Stock Information
Company Name: | Golden Agri-Resources Ltd. ADR |
Stock Symbol: | GARPY |
Market: | OTC |
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About Golden Agri-Resources Ltd. ADR
Golden Agri Resources Ltd GAR is the world s second largest palm oil plantation company with a total planted area of , hectares including smallholders as at December , located in Indonesia. It has integrated operations focused on the production of palm based edible oil and fat. lt br / gt lt br / gt Founded in , GAR is listed on the Singapore Exchange since with a market capitalisation of US . billion as at February . Flambo International Ltd, an investment company, is GAR s largest shareholder, with a . stake. GAR has several subsidiaries, including PT SMART Tbk wich is listed on the Indonesia Stock Exchange since . lt br / gt lt br / gt GAR is focused on sustainable palm oil production. In Indonesia, its primary activities include cultivating and harvesting of oil palm trees processing of fresh fruit bunch into crude palm oil CPO and palm kernel and refining CPO into value added products such as cooking oil, margarine and shortening. It also has integrated operations in China including a deep sea port, oilseeds crushing plants, production capabilities for refined edible oil products as well as other food products such as noodles.