Kuala Lumpur Kepong Berhad is one of the top public listed companies in Malaysia. Listed under the stock code of 2445 in Bursa Malaysia’s Main Market, this is one company with a diversified business in various sectors.
Kuala Lumpur Kepong subsidiaries
The main business that Kuala Lumpur Kepong is involved in is in plantations. In fact, its core business is in oil palm and rubber but it has, through its subsidiaries moved on to other areas and sectors. This includes:
- Property development
- Resource-based manufacturing like oleochemicals, derivatives and specialty chemicals
- Retail
Background and growth
Kuala Lumpur Kepong Berhad, known in short as KLK has a strong history of successes over the years. It has more than 250,000 hectares of plantation land across the country that grow oil palm and rubber. However, the competitive landscape has driven the multi-national company to grow, expand and diversify. As such, it has moved on to other areas and has been successful to reach out to other markets as well. Among the recognitions that KLK has achieved in the past include:
- The third largest palm oil producer in Malaysia
- Ranked in the 2000 Global Leading Companies
- Number 23 in the list of Most Valuable Malaysia Brand in 2014
Customer Perception
KLK has been one of the major players in the plantation sector since it was established. It must be noted that KLK is one of the oldest companies in Malaysia having started operations for more than 100 years now. Amongst its customers, KLK is known for its success in palm oil and rubber and is one of the better performing stocks in the plantations sector. Its shares have been performing relentlessly through the years having weathered several economic downturns and crises.