PPB Group is a public listed company in Malaysia which does not need any introduction. PPB stands for Perlis Plantations Berhad. It is the company started by none other than Tan Sri Robert Kuok, the richest man in Malaysia for many years.
PPB Group Robert Kuok
Traded under stock code 4065, PBB Group is one of the best-performing stocks in Bursa Malaysia’s Main Market. The group is headquartered in UBN Tower in Kuala Lumpur where it was established in 1968. Then, it was known as Perlis Plantations Berhad before changing its name later.
Areas of specialization
Due to its association with Tan Sri Robert Kuok, the businesses run by PBB Group has been highly successful. Areas that it is involved in include:
- Food production
- Waste management
- Film distribution
- Property investment
- Property development
As a group, the company is typically a diversified conglomerate which owns many properties and companies. It owns an 18% stake in Wilmar International which is among the top palm oil producers globally. Initially, the company was founded to produce sugar cane in Perlis and ventured into other areas after going public in 1972. This would be the very reason why Tan Sri Robert Kuok would get the title ‘Sugar King of Asia’. The sugar business would flourish to an extent that the Kuok Brothers were believed to control 10% of the sugar suppliers globally.
As a conglomerate, PPB is a blue-chip counter in Bursa Malaysia. That goes without any doubt but as its stand-alone businesses, PBB’s diversified interests have been hugely successful. Its entertainment hand, GSC or Golden Screen Cinemas is one of the largest cinema chain and film distributor in Malaysia. The company is a joint venture with Golden Harvest (International) Ltd of Hong Kong.