Matang and its subsidiaries ( “Matang Group”) are principally involved in the management of plantation estate, sale of fresh fruit bunches (“FFB”) and property holding.
Its plantation estate of 1,094.15 hectares (or 2,703.7 acres) is located in the Districts of Ledang and Segamat in Johor (“Matang Estate”), out of which about 1,080 hectares (or 2,688.7 acres) are planted areas and the balance are made up of areas for estate office, staff and workers’ quarters, warehouse, amongst others.
Through MHB, Matang Group also owns an industrial property comprising three (3) blocks of buildings with total nett lettable areas of about 149,000 square feet located on a 3.2 acres leasehold land in Kawasan Perindustrian Larkin, Johor Bahru, Johor. Another subsidiary MRSB owns a piece of vacant freehold development land of 5,016.85 square meter in Tangkak, District of Ledang, Johor.
Our oil palms are cultivated and our FFBs are harvested from Matang Estate with 1,080.10 hectares planted area in Johor. Out of 1,080 hectares planted area, majority of Matang Estate is flat and undulating. Over 90% of 1,080 hectares in Matang Estate are planted with mature oil palm trees.
FLOW OF MAJOR PROCESS
The primary activities of Matang Estate are in the business of operations and management of plantation estate, including procuring germinated oil palm seeds, planting or replanting (as the case maybe), field upkeeping that include weeding, pruning, manuring and pest control, harvesting and transporting of FFB, sales of FFB, the major processes of which are summarised as below:
PROPERTY INVESTMENT HOLDING OVERVIEW
LARKIN INVESTMENT PROPERTY
Matang owns an investment property located at No. 83A, Jalan Langkasuka, Kawasan Perindustrian Larkin (also known as Dato’ Onn Industrial Estate), 80350 Johor Bahru comprising one (1) unit of 1 ½ storey detached warehouse (Block A), one (1) unit of 1 ½ storey detached warehouse cum factory (Block B), a 5-storey detached flatted factory (Block C), two (2) guardhouses and other ancillary structures. The premises are currently tenanted by third parties. Our tenants include Ranhill Water Services Sdn Bhd and also Enplas Precision (M) Sdn Bhd.
TANGKAK INVESTMENT PROPERTY
MRSB owns a vacant land measuring approximately 5,016.85 square metres which is held for property development.