Astral Asia Berhad

Profile

Astral Asia Berhad (AAB) and its subsidiary companies (AAB Group) have commenced various businesses in Malaysia for more than 25 years. AAB is a public limited company and its shares are listed on Bursa Malaysia Securities Berhad since 1998. Its current paid-up capital of AAB is RM119,997,000 (US$33.3 million).

Astral Asia Berhad is principally engaged in the cultivation of oil palm, civil engineering and construction works and property development.

Our plantation activities are undertaken by Syarikat Ladang LKPP Sdn Bhd (“Syarikat Ladang”), a joint venture company between AAB and Lembaga Kemajuan Perusahaan Pertanian Negeri Pahang. Syarikat Ladang started its oil palm operations in 1980 and currently owns and manages seven oil palm estates with a total plantation acreage of 5,450 hectares in the State of Pahang. Syarikat Ladang also provides oil palm plantation management services on a profit sharing basis to other plantation owners.

Our property development division has also commenced the planning and development works of a new mixed development township project of 1,873 acres to be named as Kuantan Hi-Tech Park (“KuHTP”), a strategic development within the Special Economic Zone of the East Coast Economic Region (“ECER”) master plan.

Our construction and civil engineering works are carried out by Tasja Sdn Bhd (“Tasja”), a contractor registered with the Construction and Development Board as a Grade G7 contractor and a registered “Class A” contractor with Malaysian Government Contractor Services Centre (“Pusat Khidmat Kontraktor”). A certified ISO 9001:2008 Quality Management Company, Tasja has completed and delivered construction projects exceeding RM2.0 billion (US$550 million) in Malaysia. Some of the notable projects include the Tanjung Pelepas Kompleks Jabatan Laut, the Malacca Polytechnic Campus, the Ipoh ITM Campus, the Tanjung Langsat Road Works and the construction of the New Wing of Sultanah Aminah Hospital, Johor Bahru.

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