Golden Agri

In: Business and Management

Submitted By cynth
Words 1321
Pages 6
GOLDEN AGRI RESOURCES LTD.

background:

Golden Agri is one of the worlds largest privately owned palm plantation companies. It was listed on the Singapore exchange securities trading ltd. in 1999. The companies primary activities include cultivating and harvesting of oil palm trees, processing the fresh fruit bunch into crude palm oil and palm kernel oil, and refining crude palm oil (CPO) into value added products such as cooking oil, margarine and shortening.

Golden Agri aims to be the best and largest integrated and profitable oil palm based consumer company. its mission is to: surpass the highest quality of standards and quality maintaining the highest level of integrity achieving maximum value for their shareholders returns to security and community trend setting, innovation and technology

Golden Agri’s competitive strengths:

Golden Agri’s competitive strengths are that the company has vertically integrated operations, highly efficient operations resulting from economies of scale, precision agriculture capability through harnessing information technology with state of the art management systems, experienced and capable management teams, strong brand awareness through two leading brands of cooking oil, in house research and development facilities through smart research institute, self supply of quality seeds.

Golden Agri’s strengths:

Golden Agri’s competitive position puts it at the second largest palm oil plantation with approximately 427,000ha of planted area. it has vertically integrated operations supported by milling capacity of 8,870,000 tons per annum and refining capacity of 1,140,000 tons per annum. superior estate management with FFB yield of 23.1 tons per hectare and oil extraction rate of 23.2% generating an industry leading CPO yield of 5.4 tons per hectare in 2009.

financial statements:
Financial statements are formal…...

Similar Documents

Golden Age

...|Book Review | |'A Golden Age' by Tahmima Anam | | | |Reviewed by Efadul Huq for Star Campus readers | | | |(As I read it I felt an unknown joy, as if I am reading about my grandparents and their doings; and as I savored the wonderful prose of | |Tahmima Anam, it seemed to me that finally the golden age for Bangladeshi English writers had begun.) | |Whispers of the past have become the domineering voice; small real-life stories have fused together; petty characters have taken up pretty | |big roles; everybody has a choice to make and will be held responsible for it with all that and more comes a memorable novel 'A Golden Age' | |by Tahmima Anam, inspired by a glorious chapter in the history of the world, it doesn't stop surprising you with it's simply beautiful prose| |and intriguing plot. ...

Words: 474 - Pages: 2

Palm Oil and Asian Agri

...Current Situation and Problem Asian Agri, founded in 1979, is one of Asia’s largest integrated palm oil producers. Asian Agri exported about 3 million tonnes of palm oil in 2009, and currently manages 28 oil palm plantations, 19 palm oil mills and four refineries. The company is also a strong advocate for sustainable palm oil production and usage, and is currently a member of the Roundtable on Sustainable Palm Oil (RSPO). Sukanto Tanoto, founder of Asian Agri, is currently facing a dilemma in the future developments of Asian Agri. Although he believes that palm oil has a bright future ahead, there are many challenges faced by the company in its expansion such as the increasing difficulty in acquiring land in Indonesia, and the rising pressure from the international NGOs. Future of Palm Oil and Asian Agri Tanoto is right on the bright future of palm oil. Firstly, palm oil, also known as the “golden corp” of Southeast Asia, is the most economic edible oil to produce given its highest yield and lowest cost of production compared to other edible oil. Secondly, with the fast-growing population around the world, and the need to drive economic growth in developing nations such as China and India, the demand for food and fuel is expected to grow significantly, thus the same for palm oil. Thirdly, there are many rising health concerns with trans fat, and many consumer packaged goods (CPG) companies and consumers are seeking to limit trans fat consumption. Thus palm......

Words: 956 - Pages: 4

Golden Lion

...Golden Lion Tamarin |[pic] | CLASSIFICATION: | | |Kingdom Animalia | | |Phylum: Chordata | | |Class: Mammalia | | |Order: Primates | | |Family: Callitrichidae | | |Genus: Leontopithecus | | |Species: rosalia | RANGE: Found only in small areas in the State of Rio de Janiero, Brazil. HABITAT: Tropical rainforests. They tend to select areas of heavy growth for cover and......

Words: 641 - Pages: 3

The Golden Ration

...The golden ratio is a mathematical ratio of 1 to about 1.618. The golden ratio is found naturally in the world and in nature, but we can create if we try. Most artists that use the golden ratio either use it for the purpose of showing their sheer ability in mathematics to use it correctly and efficiently in their painting, sculptures, and other works of art, or for the mere fact that mankind as a whole has an, as of yet, unexplainable attractions to the golden ratio. Or in other words, the golden ratio makes things better looking or more appealing to the human eye. And because art is seen through the eye of the beholder, having the golden ratio throughout one’s work could be the difference between a piece of art and masterpiece. The first piece of artwork I want to talk about is the Last Supper by renowned painter Leonardo da Vinci. There are golden ration rectangles everywhere. You can see the rectangles on the entire length of the table where the disciples and Jesus are eating. You can also see the rectangles about the faces of said people, split on the disciples on the left, Jesus in the middle, and the disciples on the right. The feet of all the people eating are in their own rectangles as well, once again on the left, middle, and right respectively. Additionally, if you look at the background you can see the golden ratio on the back wall and the windows with an outside view. The next piece of artwork I would like to talk about is the most famous painting in the world the...

Words: 603 - Pages: 3

Golden Bear

...Golden Bear Golf, Inc Golden Bear Golf, Inc. The assertions that were relevant to Paragon’s construction projects are: existence and occurrence, completeness, valuation or allocation, and presentation and disclosure. Existence and occurrence: should have been used to test the revenue and gross profit on its construction projects. By testing to see if the assertion is appropriate to make sure that all revenue and gross profit exist would have brought the attention to the $4 million of un-invoiced construction costs that materialized at the end of fiscal 1997. This assertion test also would have revealed that the earned value method in practice was allowing Paragon to book much larger amounts of revenue and gross profit on its construction projects than it would have under the cost-to-cost method. Completeness: the SEC said that Sullivan and his subordinates should have rigorously tested Paragon’s large amounts of unbilled revenues at the end of 1997. A significant amount of unbilled revenue that is reported as complete should be tested to determine the reason no billing has been posted for the work that was done. It also should be determined the reason income is being recognized for jobs that have not been identified as works in progress to determine the exact completion date of the project. By testing this assertion it would have been discovered that $4 million of work was fictitious. Valuation or allocation: Paragon overstated its revenue and profits by using......

Words: 475 - Pages: 2

Agri Marketing

...Agriculture, Food and Fisheries July 26, 2004 Regulated Marketing Economic Policy July 26, 2004 Regulated Marketing Economic Policy Public Interest Statement 1. The regulated marketing system operates in the interests of all British Columbians. Boards and Commissions operating under the authority of the Natural Products Marketing (BC) Act are responsive to the needs of British Columbia producers, as well as to processors, consumers and other participants in the British Columbia food system. National Systems 2. The Government of British Columbia supports the participation of British Columbia producers in national supply management systems when the provisions of the national agreements are consistent with the growth and prosperity of the agri-food industry. The British Columbia Farm Industry Review Board and the Government of British Columbia proactively support supply managed boards in national and regional negotiations, in order to secure agreements which will provide: • ongoing opportunities for industry growth and new opportunities in primary and further processing; and • sufficient allocations for the development of specialty markets, such as organic and other products differentiated at the farm level. Maintaining and Gaining Markets, and Serving British Columbia Demand 3. The British Columbia regulated marketing system supports the development of new markets identified at the production, marketing, and processing level to facilitate industry growth and......

Words: 612 - Pages: 3

Agri Business

...Fond Assau will benefit significantly from this major infrastructure for agro-processing; the objective of which is to encourage sustainable agricultural production in fresh vegetables, citrus and a variety of root crops as well as manufacturing paper from discarded banana tree trunks islandwide. The HACCP-certified (Hazard Analysis and Critical Control Points) Fond Assau Agro-Processing Centre has a complement of twenty (20) employees fully-trained by the Inter American Institute for Cooperation on Agriculture (IICA) and the United Nations Food and Agriculture Organization (FAO). Minister Joseph observed: “when in full commercial operation would result in a major reduction of wastage of primary agricultural produce, such as mangoes, guava, golden apples, lemon, grapefruit and oranges among other seasonal fruits...

Words: 612 - Pages: 3

The Golden Advice

...Tate Fleming The Golden Advice Essay #4 617 The Golden Advice A typical message for all high school students would be, “You better start getting ready for college!” The fact of the matter is, not all high school students know how to get ready for college. Many people get to where they think they`ve always wanted to go, but ended up not liking where they are when it`s too late. College is somewhere you`re going to be spending the next four years of your life, or maybe more, so you want to make sure you`ve put legitimate thought into where you want to go. Every college student has different advice for high school students. Mine to you is start getting a study habit, think about the location of where you want to go to school, and then think about how much it`s going to cost for you to go to the school you`re interested in. For starters, get into a good study habit. Most high schools don`t require near as much studying than what is required for college. Simply put, college is a totally different lifestyle. You`re on your own and you don’t have anyone telling you to study, so you have to make sure you stay on top of everything. Classes are more difficult, test are more difficult, homework is more difficult, the list goes on. Most students get to college and get completely overwhelmed with how much they actually have to study. If you get into a good study habit now, you`ll be much better off and won`t be overwhelmed. That would be my first and probably most......

Words: 627 - Pages: 3

Golden Ratio

... Central Luzon State University College of Arts and Sciences Department of Psychology The Golden Ratio: Reference of Beauty Submitted to: Nixon Agaser Submitted by: Jam Shimei I. Gamboa Jeanne R. Dadufalza Eden Leigh Pagoso Micah A. Montes The Golden Ratio: Reference of Beauty Beauty has been defined as a combination of qualities that give pleasure to the senses or to the mind. It is a philosophical concept, the aspects of which are studied under the term aesthetics, derived from the Greek word for perception (aisthesis). Aesthetics, therefore, is the study of beauty and, to a lesser extent, it’s opposite the ugly. It involves both the understanding and evaluation of beauty, proportions and symmetry. The assessment of facial beauty is immersed in subjectivity and therefore leans towards the world of art. Facial proportions and facial balance, however, can be measured and therefore fit somewhere between art and science. Aesthetics itself is now essentially a science in the formation, although obviously with a very strong philosophical and artistic background (Naini, et al. 2008.) According to Jang (2014) it is becoming clear that there is a science to beauty. Extensive research has shown that we have similar ideas about what constitutes a beautiful face. When British researchers asked women to rate pictures of various men, their choices were identical. When a group including English, Chinese, and Indians were asked to choose a “good looking” face from a selection of......

Words: 1952 - Pages: 8

Sustainable Agri

...It’s a very exciting year 2015 for the Agri sector with the abolishment of the quota and the expected expansion within the dairy community as our traditional way of farming is demising as we are adapting to the methods of the new Zealanders and the Americans. Minister Simon coveney is now putting emphasis on this sustainable agriculture while we continue to become more productive and efficient in our daily practices as an Irish farmer today. * As the high expectations of food harvest 2020 looms in the future pressure is building on the sector to produce the goods without damaging the environment. Here I’m going to discuss the 2020 vision and access if Ireland is on the right track. The Agri-food & fisheries is Irelands largest indigenous industry with a huge history behind it and this industry currently employees 150,000 people and a €24billion output. Ireland is known globally for its high standards of food hygiene and production whilst maintaining excellent animal welfare. In my opinion 2020 can be looked at in a very positive way this is a big opportunity for this sector to grow and develop in a safe manner as the guidelines have been set with a number of key principles to be kept in mind throughout the growth period. I will go through the principles of sustainable agriculture later in the assignment. The current targets set for the year 2020 are as follows: 1. Increasing the value of primary output in the Agri, fisheries and forestry sector by 1.5......

Words: 505 - Pages: 3

The Golden Parachute

...GOVERNANCE AND STRATEGY THE GOLDEN PARACHUTE Prepared for: Professor Toru Yoshikawa By: Matthew Lim Zhi Liang S9118245I An Introduction to the Golden Parachute When we talk about executive compensation, one topic that never fails to come up is the Golden Parachute. The Golden Parachute, as the name suggest is an executive safety net of sorts that is included in the employment contracts of senior-level executives. Basically it is a special payment – usually a lump-sum amounting to millions, that is paid in the event of a change in control of the company1. The reasons for the implementation of the Golden Parachute is something that has been constantly debated, but the most common objective, and the objective I will be focusing on in this paper is to control the behaviour of the management in the event of a acquisition2. Often times when an acquisition occurs, the management of the acquired firm will not stay with the new firm, meaning that their will not benefit from the acquisition, but would rather suffer if the acquisition occurs. As such they might be inclined to try to prevent the acquisition, and not act in the best interest of the shareholders3. The Golden Parachute serves to ensure that the management acts in the best interest of the shareholders by providing a mechanism to protect their own personal self interest. Another objective that is often talked about would be that of an anti-takeover mechanism4. The Golden Parachute serves as a......

Words: 5130 - Pages: 21

Agri Business

...Course Title Rural Marketing. Assignment Topic BRANDING OF AGRI COMMODITIES (Branding Of Milk , Amul ) Submitted to : - Dr.S.John Mano Raj IIPMB. Submitted by – Akshay M.R Roll No- 03 Branding Of Milk. ( Amul ) Brand: A brand is an entity that engenders an emotional connection with a consumer. It can be a name, term or symbol Commodity: Primary agricultural product typically traded in bulk with minimal processing. Evolution of the brand Amul from Commodity . The Birth of Amul : * It all began when milk became a symbol of protest * Founded in 1946 to stop the exploitation by middlemen * Inspired by the freedom movement In the year 1946 the first milk union was established. This union was started with 250......

Words: 751 - Pages: 4

Golden Agri-Resources Ltd

...2014 Part A Golden Agri-Resources Ltd (“GAR”), which is located in Indonesia, is the world’s second largest palm oil plantation company as at 31 December 2013. GAR is established in 1996 and was listed on the Singapore Exchange since 1999 with a market capitalisation of US$5.5 billion. Owning 471,000 hectares (ha) of oil palm estates across Indonesia, GAR produces more than 2.7 million tonnes of palm products per annual. The land size the company own benefit itself from economies of scale and develop best expertise in some professional areas that turned it to be one of the most efficient palm oil plantation companies in the world, in terms of productivity and operating costs. Flambo International Ltd, an Investment Company, is GAR’s largest shareholder. It holds 49.95% stake of GAR. Besides, GAR also has several subsidiaries, including PT SMART Tbk which is listed on the Indonesia Stock Exchange since 1992. In 15 January 2012, GAR and its subsidiaries have launched a Yield Improvement Policy (YIP). The policy will leverage on technology and innovation to improve Company’s CPO yield/ha. By carry out this policy, it will not enable HAR to produce more palm oil from less land but also reduce the impact of the palm oil industry developed that cost a lot. In 19 January 2012, GAR has received Roundtable on Sustainable Palm Oil (RSPO) certification that it is one of the important part to help the GAR for producing palm oil sustainably. (238 words) Part B Golden......

Words: 3856 - Pages: 16

Agri Markets

...Policy for Staple Foods in Eastern and Southern Africa. FAO and Edward Elgar; 2010. 1694 American Journal of Experimental Agriculture, 4(12): 1680-1696, 2014 42. 43. 44. 45. Sindi JK. Kenya‟s Domestic Horticulture Subsector: What drives Commercialization Decisions for Rural Households?” A Published MPhil Thesis for the Award of Master of Science Degree. Department of Agricultural, Food, and Resource Economics: Michigan State University; 2008. Key N, Sadoulet E, De Janvry A. Transaction costs and agricultural household supply response. American Journal of Agricultural Economics. 2000;82(1):245–59. Etwire PM, Dogbe W, Nutsugah SK. Institutional Credit Available to Smallholder Farmers in the Northern Region of Ghana. International Journal of Agri Science; 2013. Amrouk EM, Poole N, Mudungwe N, Muzvondiwa E. The Impact of Commodity Development Projects on Smallholder's Market Access in Developing Countries. Case Studies of FAO/CFC Projects. FAO Commodity and Trade Policy Research Working. 2013;35. 1695 American Journal of Experimental Agriculture, 4(12): 1680-1696, 2014 APPENDIX Appendix 1. Truncated regression estimates of agricultural commercialization Truncated regression Limit: lower = upper = Log pseudolikelihood = 0 +inf 41.229725 Robust Std. Err. Number of obs = 126 Wald chi2(14) = 107.22 Prob > chi2 = 0.0000 yi Coef. z P>|z| [95% Conf.......

Words: 7782 - Pages: 32

The Golden Rule

...Book final final THE GOLDEN RULE as THE SUPREME PRINCIPLE implications for FAITH Faith within the Limits of Love and Reason SECTION ONE: Why Reason Must Have the Final Word To see why reason must have the final word in all things, I will illustrate the role of reason in three different cases. This I think should suffice to make the point. (1) Consulting Some Authority Suppose we are confronted with two or more conflicting alternatives concerning what to say, think or do and in hopes of resolving this confusing conflict, we seek out some wiser person, some authority, who can give us the correct answer. This raises the question: Who is the authority we can turn to: our Mom, our Dad, our grandparent, a priest or a clergyman, a Rabbi or Ayatollah, a bodhisattva, a therapist or counselor, the Pope, a lawyer, a real estate agent, an auto mechanic? Well, of course, our choice depends on the nature of our problem. So, reason needs to play a role here in helping us to determine what kind of authority to consult. Okay, let us suppose that our conflict is of a religious nature. We still need to ask which priest, which clergyman, which Rabbi, which Ayatollah or which bodhisattva etc. to choose. So here again, reason has a role to play. There is more. After we have settled who to consult, sometimes we will find that the advice is really bad advice. Sometimes we will find that the advice is really good advice. On still other occasions, we won't know what to make of the......

Words: 4569 - Pages: 19