LONDON, 22 September, 2010 – Panmure Gordon & Co. is pleased to announce its appointment as broker to Asian Plantations Ltd with immediate effect.
Incorporated in Singapore and listed on AIM, Asian Plantations owns Malaysian subsidiaries that are involved in the acquisition and development of palm oil plantation land in Sarawak, Malaysia. The company owns three estates totalling more than 15,600 hectares.
Welcoming Asian Plantations as a client, Panmure Gordon group chief executive, Tim Linacre, said: “Palm oil is an important ingredient in the global food chain and, increasingly, in bio-fuels. We are delighted to welcome Asian Plantations as a client of the firm, becoming one of a number our clients with operations focused on Asia.”