Today, Bumitama Agri Ltd (SGX:P8Z) (Bumitama) is one of the fastest growing palm oil companies in Indonesia. Its roots can be traced back to 1996. In that year, Lim Gunawan Hariyanto had formed Bumitama and acquired its first land bank in Central Kalimantan for palm oil plantation.

Since then, Bumitama has expanded rapidly. It began its planting activities in 1998, commissioned its first palm oil mill in 2003, and had surpassed 100,000 hectares of planted area in 2010. Subsequently, on 12 April 2012, Bumitama was listed on the Mainboard of the SGX.

In this article, I’ll present a detailed account on Bumitama’s success thus far and its outlook for the immediate future. They are:

#1: Stock Information

Ticker Symbol: SGX: P8Z
Market Capitalization: S$ 1.31 Billion (23 September 2017)

Share Price: S$ 0.745 (23 September 2017)

Industry: Palm Oil

#2: The Business

Bumitama has established an integrated business …