FIRST RESOURCES LIMITED

 Established : 1992
 Listed on Singapore Exchange : 2007
 Is : One of the leading palm oil producers in the region, managing over 200,000
hectares of oil palm plantations across the Riau, East Kalimantan and West
Kalimantan provinces of Indonesia.
 Core Business Activities : Cultivating oil palms, harvesting the fresh fruit bunches
(FFB) and milling them into crude palm oil (CPO) and palm kernel (PK). In addition
to plantations and palm oil mills, the Group through its refinery, fractionation,
biodiesel and kernel crushing plants, processes its CPO and PK production into higher
value palm-based products such as biodiesel, refined, bleached and deodorised (RBD)
olein and RBD stearin, palm kernel oil and palm kernel expeller. This enables the
Group to extract maximum value out of our upstream plantation assets. Our products
are sold to both local and international markets.
 Sustainability Strategy : Centred upon maximising output while minimising the
adverse environmental and social impact from our operations. We will constantly
strengthen our sustainability framework through regular benchmarking against
industry standards and best practices.
 Vision : To be a leading oil palm-focused agribusiness known for its excellence.
 Mission :
o To continuously enhance shareholder value through growth and profitability
o To be an employer of choice with a high performance team geared towards
business excellence
 o To be an efficient producer with the highest levels of productivity and lowest
cost of production
o To be an environmentally and socially responsible corporate citizen

 Board of Directors (BOD) :

 Corporate Governance : The financial year ended 31 December 2023, with specific
reference to the Code of Corporate Governance 2018 issued by the Monetary
Authority of Singapore on 6 August 2018.
 Code of Conduct : Serves as a general guideline for Management and employees in
conducting their duties and responsibilities ethically. It outlines corporate values and
ethical standards which are in line with the Group’s vision and mission.

 Plantations and Palm Oil Mills Business : Located in the Riau, East and West
Kalimantan provinces of Indonesia. With more than 200,000 hectares of oil palm
plantations, we occupy a leading position in the Indonesian oil palm industry. In
FY2023, our mills produced 951,425 tonnes of CPO with an average CPO extraction
rate of 22.7% and average PK extraction rate of 4.9%. We will continue to monitor
our milling capacity to ensure that we can accommodate expected increases in FFB
production from our plantations.

 Refinery and Processing Business : The Group has two processing plants located in
the Riau province, one of which is located in Pelintung and another in the sea-front
Integrated Processing Complex (IPC) in Dumai. The Group’s current annual
processing capacity is 850,000 tonnes. In late 2011, the Group has embarked on an
expansion of its refinery and processing capabilities in IPC. The IPC houses a palm
oil mill, refinery cum fractionation plant, kernel crushing plant, jetty with bulking
facility as well as some supporting auxiliary infrastructure.

 Products : Crude palm oil (CPO) to refined palm products which include biodiesel.
The CPO produced by our plantations and palm oil mills are channeled to our
processing plants for refining. From our processing plants, we produce refined,
bleached and deodorised palm oil (RBDPO). The RBDPO goes through the
fractionation process where RBD palm olein (cooking oil) and RBD palm stearin are
subsequently produced.

 Location Map :

 Contact Number :
WILMAR INTERNATIONAL
 Established : 1991
 Headquarters : Singapore, 28 Biopolis Road
 Core Strategy : An integrated agribusiness model that encompasses the entire value
chain of the agricultural commodity business, from origination, to processing,
branding, merchandising and distribution of a wide range of edible food and industrial
products.
 Business Activities : Oil palm cultivation, oilseed crushing, edible oils refining, flour
and rice milling, sugar milling and refining, manufacturing of consumer products,
ready-to-eat meals, central kitchen products, specialty fats, oleochemicals,
biodiesel and fertilisers as well as food park operations.
 Manufacturing Plants : Over 1.000
 Multinational Workforce : Over 100.000 people
 Extensive Distribution Networks : 50 countries and regions
 FY2023 Core Net Profit : US$1,57 Billion
 Integrated Business Model :

 Core Values :
o Integrity = We value honesty, trustworthiness and high ethical standards.
o Excellence = We strive for excellent performance in everything we do.
o Passion = We are passionate about growing our business globally.
o Innovation = We value innovative efforts, ideas and methods to continually
improve our business processes.
o Teamwork = We work as one team to achieve our corporate goals.
 o Safety = We pay careful consideration to the health and safety of our
employees at the workplace.

 Board of Directors (BOD) :

 Share Holder Base : The Kuok Group and Archer Daniels Midland Company
(ADM) (through Archer Daniels Midland Asia-Pacific Limited). We leverage on our
shareholders for access to technical and R&D expertise, global market intelligence on
edible oils, oilseeds, bioenergy and grains and to widen our market reach.

 Joint Venture Partners :

 Product :
o Food
o Feed and Industrial = Tropical Oils, Sugar, Oilseeds, etc
o Plantation = Oil Palm, Milling, Sugar Milling
o Shipping
o Research and Development

 Contact Number : (65) 6216 0244

Wilmar International and First Resources Limited are two major players in the global
palm oil industry, especially in Southeast Asia. Both have quite close ties, both in business
and in terms of operations. Also the headquarters of this two company at Singapore.
1. Wilmar as a Major Player:
 Company Size: Wilmar International is generally considered a larger player
and has a wider influence in the palm oil industry.
 Business Diversification: Wilmar has a more diverse business portfolio, not
only focusing on palm oil, but also on various other processed products.
2. First Resources as a Specialist Player:
 Focus on Palm Oil: First Resources focuses more on the core business of
palm oil, from upstream (plantations) to downstream (processing).
 Scale of Operation: Although smaller than Wilmar, First Resources is still
one of the largest palm oil producers in the world.
3. Business Linkage :
 Supply Chain: The two companies are often connected in the global supply
chain. First Resources, as a major palm oil producer, can be a supplier for
Wilmar to process more or distribute to a wider market.
 Investment and Acquisition: There is a possibility of cross-investment or
small acquisitions between the two companies or their subsidiaries in the past.

The relationship between Wilmar International and First Resources Limited is a

PT EVERDE GLOBAL MINERAL

 Core Values :

 2024 – 2025 Project Planning : Est. 300 Millions tons of Nickel Ore
 2025 – 2027 Construction : MHP Nickel Sulfate Precursor
 2027 : Comissioning and Production
 Mission : To be a global leader in providing sustainable and innovative mineral
solutions that enhance the quality of life and contribute to a more sustainable future
 Vision : To be the preferred partner for businesses seeking high-quality, responsibly
sourced mineral solutions.
 Key Products and Services:
o Mineral Sourcing: Access to a diverse portfolio of minerals from around the
world.
o Mineral Processing: Advanced processing techniques to enhance mineral
quality and performance.
o Custom Solutions: Tailored mineral solutions to meet specific customer
requirements.
o Technical Expertise: In-depth knowledge and expertise in mineral
applications and technologies.
 Key Values:
o Sustainability: Minimizing environmental impact and promoting responsible
mining practices.
o Innovation: Continuously seeking new and better ways to utilize mineral
resources.
o Customer Focus: Providing exceptional service and meeting the unique needs
of each customer.
o Integrity: Conducting business with honesty, transparency, and ethical
standards.