Golden Agri-Resources Ltd. (GAR)1 is a Singapore-based investment holding company. The Company, through its wholly owned subsidiaries, is engaged in trading in crude palm oil and related products, treasury management and provision of management and consultancy services. The Company operates in two divisions: Indonesia Agri-business and China Agri-business. The activities of Indonesia Agri-business include ownership and cultivation of oil palm plantation, ownership and operation of mills and refineries and producer of consumer cooking oil and margarine in Indonesia. Activities of China Agri-business include refinery, port and oilseed crushing operations in China. Direct subsidiaries of the Company include P. T. Purimas Sasmita, Golden Agri International Pte, Silverand Holdings Ltd and Golden Agri Investment Holding Ltd. In June 2007, the Company incorporated a subsidiary, Blue Sky Golden FPS Ltd, and acquired Golden Bluesky Energy Limited, a company incorporated in Hong Kong.
- September 12, 2008 - Golden Agri and JMH to replace two stocks in STI2