GAR is one of the leading palm oil plantation companies with a total planted area of 499,770 hectares (including plasma smallholders) as at 30 September 2020, located in Indonesia. It has integrated operations focused on the production of palm-based edible oil and fat. Founded in 1996, GAR was listed on the Singapore Exchange in 1999 and has a market capitalisation of US$1.3 billion as at 30 September 2020. Flambo International Limited, an investment company, is currently GAR’s largest shareholder, with a 50.52 percent stake.
GAR has several subsidiaries, including PT SMART Tbk which was listed on the Indonesia Stock Exchange in 1992. GAR is focused on responsible palm oil production. In Indonesia, its primary activities include cultivating and harvesting of oil palm trees; processing of fresh fruit bunch into crude palm oil (CPO) and palm kernel; refining CPO into value-added products such as cooking oil, margarine, shortening, biodiesel and oleo-chemicals; as well as merchandising palm products throughout the world. It also has operations in China and India including a deep-sea port, oilseed crushing plant, production capabilities for refined edible oil products as well as other food products such as noodles.
