Kim Loong Resources

What Kim Loong Resources does

Kim Loong Resources Berhad (KLRB) is an integrated Malaysian palm oil producer listed on the Main Market of Bursa Malaysia under ticker 5027.KL, with a market capitalisation of RM2.36 billion as at 31 January 2026. The Group operates across two segments: Plantation Operations cultivating oil palm on approximately 15,908 hectares (13,836 hectares mature and 2,072 hectares immature) across Johor, Sabah, and Sarawak, and Milling Operations running three palm oil mills with combined fresh fruit bunch (FFB) processing capacity of 1.6 million tonnes per year. In FY2026, the Group produced 330,021 MT of FFB, 342,720 MT of crude palm oil (CPO), and 81,239 MT of palm kernel at an Oil Extraction Rate of 20.80%.

The Group's revenue model is anchored in B2B commodity sales: CPO at an FY2026 average selling price of RM4,245/MT and palm kernel at RM3,389/MT, sold directly to palm oil refineries and kernel crushers at prevailing market prices. Downstream operations include solvent extraction plants that recover residual palm oil from pressed fibre (improving OER by approximately 0.5%), biogas power generation totalling 5.3MW (Kota Tinggi 1.8MW, Keningau 2MW, Telupid 1.5MW) sold to Sabah Electricity Sdn Bhd, and bio-fertilizer production from palm oil mill effluent and empty fruit bunches applied internally to estates. The Group holds MSPO, ISCC, ISO 14001:2015, OHSAS 18001:2007, and MS 1722:2011 certifications and operates the first registered POME-biogas Clean Development Mechanism project under UNFCCC; 86% of oil palm products are traceable to plantation level.

Control rests with the Gooi family through Sharikat Kim Loong Sendirian Berhad (SKL), which has overseen the business since the original 1967 rubber estate in Ulu Tiram, Johor. KLRB's management team combines four Gooi brothers serving as Executive Chairman, Managing Director, and Executive Directors with Independent Directors including a Doctor of Agriculture Science; next-generation family members have been inserted as Alternate Directors since 2016 and 2023 to manage succession. The Group is recognised by Forbes Asia (Best Under A Billion 2022 and 2023) and The Edge Malaysia (Billion Ringgit Club 2024) for sustained top-line and bottom-line growth, and operates across approximately 30 subsidiaries with over 1,500 employees.

Name

Kim Loong Resources

Legal name

Kim Loong Resources Berhad

Website

https://kimloong.com.my

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Kim Loong Resources Berhad is an integrated Malaysian palm oil producer operating plantations and three mills across Johor, Sabah, and Sarawak, selling crude palm oil, palm kernel, and biogas electricity to refineries, kernel crushers, and Sabah Electricity.

Ownership category

akta.pro rank

Product category

Palm Oil Production

NAICS

Starch and Vegetable Fats and Oils Manufacturing (31122), Fats and Oils Refining and Blending (311225), Oilseed (except Soybean) Farming (11112)

SIC

Fats & Oils (2070), Agricultural Production-Crops (100)

akta.pro primary industry

Palm Oil Milling, Refining & Fractionation (AFAKAEAB)

akta.pro secondary industries

Tropical Oils & Fractions (Palm, Palm Kernel, Coconut) (AFAJALAD), Industrial Oil & Wax Crop Farming (Castor, Jojoba, Oil Palm for industrial uses) (AFAGAGAL)

Keywords

• Palm oil production
• Crude palm oil
• Oil palm plantation
• Palm kernel processing
• Palm oil milling

Headquarters

HQ city

Johor Bahru

HQ country

Malaysia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Others

Revenue model

1. Crude Palm Oil (CPO) Sales: Primary revenue stream from processing fresh fruit bunches (FFB) into crude palm oil through milling operations. CPO sold at market prices to refineries. Three mills with combined capacity of 1.6 million tonnes FFB per year.
2. Palm Kernel (PK) Sales: Secondary commodity revenue from kernel recovery during milling. Kernel sold to kernel crushers and processors at market prices. Average kernel recovery rate approximately 4.9-5.1% of FFB processed.
3. Renewable Energy / Biogas Power Generation: Revenue from supplying renewable energy to national grid through biogas plants. Kota Tinggi plant (1.8MW), Keningau plant (2MW), Telupid plant (1.5MW). CDM projects under UNFCCC framework generating carbon credits.
4. Palm Pressed Fibre Oil Extraction: Solvent extraction of residual palm oil from pressed fibre generates additional revenue and improves overall OER. Downstream processing through Kim Loong Technologies subsidiaries.
5. Bio-fertilizer and Compost Sales: Empty fruit bunches (EFB), bio-fertilisers and compost produced from mill waste and applied to estates, reducing inorganic fertiliser costs.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Kim Loong Resources Berhad is an integrated Malaysian palm oil producer that cultivates oil palm across approximately 15,908 hectares in Johor, Sabah, and Sarawak and processes fresh fruit bunches (FFB) into crude palm oil (CPO) and palm kernel through three palm oil mills with combined capacity of 1.6 million tonnes FFB per year. The Group also generates revenue from renewable biogas energy supplied to the Sabah Electricity grid and from downstream activities including solvent extraction of palm-pressed fibre oil and bio-fertilizer production.

Product overview

Kim Loong Resources operates as an integrated palm oil producer with two core business segments: Plantation Operations and Milling Operations. Plantation operations cultivate oil palm across eight estates in Johor, Sabah, and Sarawak, producing Fresh Fruit Bunches (FFB). The Milling Operations segment processes FFB into Crude Palm Oil (CPO) and Palm Kernel through three palm oil mills, supplemented by downstream operations including power generation from biogas, solvent extraction to recover residual oil from pressed fibre, and bio-fertilizer production from palm oil mill effluent. The product portfolio includes core outputs (CPO, Palm Kernel, FFB), renewable energy from biomass, and value-added processing through solvent extraction. The company also produces tocotrienol concentrates and operates kernel crushing activities through subsidiaries.

Differentiator

Problem solved

Functional benefit

Products and services

• Crude Palm Oil (CPO)

Quantifiable outcome

• FFB Yield per mature hectare: 23.53 MT/Ha (FY2026), up from 20.59 MT/Ha (FY2022)
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Sabah Electricity Sdn BhdcoreOthers · 1 December 2023Grid connection agreement for renewable energy offtake. Telupid biogas plant commenced supplying power up to 1.5MW to Sabah Electricity grid in December 2023. Keningau plant (2MW) connected in December 2022.
• Wild AsiacoreStrategic or Co-development PartnerCollaboration with Wild Asia to scale regenerative practices and inclusive supply chains. Supports smallholder farmers, strengthens traceability and compliance, and pilots farm-level improvements that reduce Scope 3 emissions and enhance biodiversity.
• Pelita Holdings Sdn. Bhd.coreStrategic or Co-development PartnerJoint venture partner (Winsome Pelita (Pantu) Sdn. Bhd.) to develop Native Customary Rights (NCR) Land in Sri Aman Division, Sarawak with estimated plantable area of 6,300 Ha.
• Al-Yatama BerhadcoreStrategic or Co-development PartnerDevelopment cum joint venture partner (Winsome Al-Yatama Sdn. Bhd.) to develop 2,702 acres of land in Kota Tinggi, Johor. Also partnered to develop oil palm estate on orphanage land with profits supporting orphanage and development fund.
• Korporasi Pembangunan DesacoreStrategic or Co-development PartnerJoint venture partner (Kim Loong - KPD Plantations Sdn. Bhd.) to develop 4,000 acres of land in Telupid, Sandakan, Sabah into oil palm plantation.
• Sharikat Kim Loong Sendirian Berhad (SKL)coreOthersParent/holding company owning controlling stake in KLRB. SKL Group (excluding KLRB) conducts transactions in ordinary course of business with KLR. SKL has over 50 years history in plantation and milling operations.
• Montford Youth Training Centre (MYTC)minorStrategic or Co-development PartnerKLRB is active donor and supporter of MEOA MYTC program - collaboration between Malaysian Estate Owners' Association (MEOA) and Montford Youth Training Centre to provide training for marginalized youth for staff-level roles in plantation sector.

Scale indicators16 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• FGV Holdings Berhad: FGV Holdings is Malaysia's largest crude palm oil producer by volume, with extensive plantations, mills, and downstream operations. Direct peer on CPO/PK commodity production though materially larger; useful benchmark for milling efficiency and downstream integration.
• United Plantations Berhad: United Plantations is a Malaysian-integrated CPO producer renowned for industry-leading OER and sustainability practices. Comparable to Kim Loong on integrated plantation/milling operations in Malaysia and on the strong sustainability certification profile (RSPO/ISCC).
• IOI Corporation Berhad: IOI Corporation is a leading Malaysian integrated palm oil producer with plantations, milling, and downstream refining/oleo-chemicals. Highly comparable to Kim Loong in operating model, geography (Malaysia, Indonesia), and product mix (CPO, PK, derivatives), though materially larger in scale.
• Boustead Plantations Berhad: Boustead Plantations operates oil palm estates and mills across Malaysia. Closely aligned with Kim Loong on mid-cap Malaysian plantation-to-CPO operations, though Boustead carries a stronger corporate parent (LTAT) and differing state-level land structure.
• Kuala Lumpur Kepong Berhad (KLK): KLK is a Malaysian integrated plantation and oleochemicals group with estates in Malaysia and Indonesia. Directly comparable to Kim Loong's upstream plantation-to-CPO/PK milling operations, with a similar diversified downstream push into specialty fats and renewables.
• Genting Plantations Berhad: Genting Plantations operates oil palm estates and mills across Malaysia (including Sabah and Sarawak) with biotechnology and downstream activities. Closely matches Kim Loong's Malaysian-centric estate-to-mill integrated model and similar mid-cap scale.
• IJM Plantations Berhad:

Broad incumbents

• Sime Darby Plantation Berhad: Sime Darby Plantation is the world's largest palm oil producer by planted area, with operations across Malaysia, Indonesia, and Papua New Guinea, plus downstream refining. Overlaps Kim Loong's plantation-to-CPO model but at vastly greater scale and a broader geographic footprint, functioning as the dominant incumbent benchmark.

Regional players

• Sarawak Oil Palms Berhad: Sarawak Oil Palms is an integrated palm oil group based in Sarawak with estates and mills focused on East Malaysia. Comparable to Kim Loong's CPO/PK business model and Sarawak-based operations (Winsome Pelita JV), making it a regional benchmark for KLR's East Malaysian expansion.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries25 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kim Loong Resources