Pt Palma Serasih Tbk (Indonesia)

PT Palma Serasih Tbk is an Indonesia-based holding company located in Jakarta. The company, along with its five subsidiaries, is focused on the palm oil plantation and processing industry. They manage approximately 35,000 hectares of planted area with integrated and sustainable plantation management practices. The company operates a palm oil mill with a processing capacity of 60 tons per hour for fresh fruit bunches (FFB), producing crude palm oil (CPO) and palm kernel (PK). They are continuously expanding their FFB processing capacity to meet growing demand. In November 2019, the company conducted its Initial Public Offering on the Indonesia Stock Exchange. Their plantations are strategically located in East Kalimantan, along the Trans Kalimantan route and near the Makassar Strait, facilitating logistics for domestic and export markets. The company's subsidiaries include PT Anugerah Energitama, PT Nusaraya Agro Sawit, PT Nusantara Agro Sentosa, PT Global Primatama Mandiri, PT Agro Bumi Kaltim, PT Batu Borneo Perdana, and others.