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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 RM29.41 billion and RM20.60 billion respectively as at 31 December 2023.
PPB is headquartered in Kuala Lumpur, Malaysia and we have operations in China, Vietnam, Thailand and Singapore with about 5,480 employees in the Malaysian operations.
Our businesses are principally divided into five business segments viz:
The Group’s main contributor, Grains & Agribusiness segment, comprises flour milling, animal feed manufacturing, grains trading and livestock farming. The FFM Group in which PPB has 80% equity interest, owns and operates a total of five flour mills in the country and two in Vietnam. In Thailand, the Group operates a 670 mt/day flour mill through its 43.4% associate, Kerry Flour Mills Limited. FFM Group also has 20% interest in eight associates in China with a combined flour milling capacity of 18,950 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.
PPB’s Film Exhibition & Distribution segment is represented by its wholly-owned subsidiary, Golden Screen Cinemas Sdn Bhd which is the largest film exhibitor in Malaysia with 520 screens in 55 locations nationwide, capturing more than 50% of domestic box office collections.
PPB also owns and manages several retail/commercial properties including a shopping centre, Cheras LeisureMall, and an office building, Cheras Plaza in Taman Segar, Kuala Lumpur; Megah Rise Mall in Petaling Jaya, Selangor as well as New World Park and The Whiteaways Arcade in Georgetown, Penang. Two wholly-owned subsidiaries of PPB, PPB Hartabina Sdn Bhd and PPB Property Development Sdn Bhd, carry out property development, and provide project management services, for projects undertaken and properties owned by PPB Group companies and affiliates.
PPB owns an 18.8% 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.