AEP Plantations plc is a business operating palm oil plantations in Indonesia and Malaysia. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History The company was formed to consolidate a series of palm oil plantations in 1985. These included part of the Tasik Estate in the South Labuhanbatu Regency in North Sumatra, a province of Indonesia.
In May 1989, Chillington Corporation took a 52.2% shareholding in the company. After the company's previous majority shareholder got into financial difficulties, Genton International acquired a controlling holding in the company in October 1993.
In August 2024, the company invested in a large compressed natural gas plant at the Tasik Raja Palm Oil Mill in the South Labuhanbatu Regency.
The company changed its name to AEP Plantations in November 2025.
Operations As of November 2024, the company operated of plantations in Indonesia and of plantations in Malaysia.
Major shareholder As of September 2025, through Genton International, the estate of Lim Siew Kim owned about 51% of the company. Lim Siew Kim (died 2022) was the daughter of Lim Goh Tong (died 2007), who founded the Genting Group.
References
External links Official site