Plantation Resources Pte Ltd (“PRPL”) is a Singapore registered company involved in the business of plantation development. PRPL possesses the rights to manage and market the produce from a 100,000-acre Jatropha Curcas plantation in the Ayerwaddy Division of Myanmar, known as the Maw Tin Estate.

On 22 February 2007, YSH entered into a conditional sales and purchase agreement to acquire 52.86% of PRPL. This proposed acquisition is a strategic initiative to produce critical upstream feedstock to meet the tremendous demand for bio-diesel in the ensuing years to come and has laid the groundwork for YSH to become a major player in the plantation of Jatropha Curcas.

The resolution was passed at an Extraordinary General Meeting conducted on 10 September 2007.

The Group’s interest in PRPL was increased to 59.67% from 52.86% through a rights issue. The move was aimed at increasing the working capital of PRPL which will in turn help to boost the clearing and planting programme at the Maw Tin Estate.

PRPL is in the midst of developing crucial research and development capabilities to enhance the oil yield, and to improve the soil efficiency and growth of Jatropha Curcas via partnerships with leading research institutes in Asia. PRPL aims to extend its capabilities in Jatropha Curcas cultivation whose oil can become a strong alternative feedstock to palm oil and rape seed oil for inputs into bio-diesel.

For more information on Jatropha Curcas, please click here.

We are constantly seeking business partners in developing this new industry. Should you be interested in our products or keen to explore co-operation opportunities with us, please contact us at biz@plant-res.com