KUCHING: Subur Tiasa Holdings Bhd has developed 23,500 hectares of oil palm estates — over 52 per cent of its 44,500-hectare plantation landbank — across Sibu, Mukah, Samarahan, and Kapit.
Approximately 83 per cent of palms are in their prime mature stage, with a weighted average age of 11.5 years, said group managing director Datuk Tiong Ing.
In FY2024, the oil palm segment contributed RM261 million, or 61 per cent of group revenue (RM429.9 million), with fresh fruit bunch (FFB) output at 324,657 tonnes and yield exceeding 17 tonnes per hectare.
Segment revenue rose 11 per cent year-on-year, driven by a 10 per cent increase in average crude palm oil (CPO) price to RM4,218 per tonne.
Tiong said Subur Tiasa ranks among Sarawak’s top performers in FFB yield due to disciplined estate management, mechanisation, and good agricultural practices.
All estates are MSPO-certified.
The group returned to the black in FY2024 with RM2.65 million in after-tax profit, reversing a RM18 million loss in FY2023.
It expects continued improvement in FY2025, supported by rising palm maturity, higher yields, and stable CPO prices.
The timber segment is undergoing reorganisation to boost margins.
Subur Tiasa also holds forest concessions, with forest management units (FMUs) in Mujong-Melinau and Oya-Balingian certified under MTCS-PEFC.
In addition to timber and plantations, the group operates in water purification (via Momawater Sdn Bhd), vehicle servicing (DMG Commercial Sdn Bhd), and HDPE pipe manufacturing.
Tiong said the group’s sustainability-led approach, innovation efforts, and strong governance will underpin long-term growth.
