Perak State Agricultural Development Corporation

What Perak State Agricultural Development Corporation does

Perak State Agricultural Development Corporation (Perbadanan Pembangunan Pertanian Negeri Perak / Perak SADC / PPPNP) is a statutory body wholly owned by the Perak State Government, incorporated in February 1973 under the Perak State Agricultural Development Corporation Enactment, with commercial operations beginning in 1974. It is headquartered in Ipoh, Perak, Malaysia, and operates as an integrated agricultural development GLC. It runs 24 palm oil estates across Perak and Sarawak (Bintulu), a 60MT/hour palm oil mill at Kg. Gajah operated by Perak Agro Mills Sdn. Bhd., an aquaculture business combining a 120.63-acre shrimp farm (SBH Perak Agro Aquaculture JV, ~RM28M project value) with a tilapia cage-culture operation at Lake Temenggor (Trapia Malaysia JV with Genomar Norway technology, 7,500 MT/year, 25 MT/day processing capacity), and halal frozen food distribution through Eurofresh Sdn Bhd (60% owned via Ladang Lekir) with a 15+ country supplier network serving hotels, restaurants, banquet halls, and golf clubs. Its latest strategic products are the ECODOOR.MY agritourism portal (launched May 2024, first in Malaysia, aggregating 100+ operators with a 50,000-package target) and the 63.5-hectare Perak Halal Industrial Park (Perak HIP) targeting halal gelatin, cold chain logistics, and halal food processing segments.

The corporation's revenue mechanics combine commercial operations with state-funded social programs. Commercial revenue streams derive from palm oil cultivation and milling (Perak Agro Mills processes ~50% smallholder-sourced FFB), aquaculture production and processing, and frozen halal food distribution (Eurofresh 2024 sales target RM200M). Indirect revenue flows from the ECODOOR platform aggregating agritourism packages and from Perak HIP's industrial park development. Social and grant-funded activities operated via state allocation include the interest-free loan scheme (RM3,000-RM100,000 for agricultural entrepreneurs), Asnaf Berjaya grants (RM3,000-RM5,000), the RM1 million annual Agrotek scholarship (65 students), Ladang Rakyat profit-sharing (~700 recipients at RM300 each in 2025), Ladang Untuk Rakyat, Ladang Pahlawan, Ladang Usahawan Pahlawan, and Ladang Usahawan Tani schemes targeted at rural communities, retired military personnel, and senior government retirees. Subsidiaries are consolidated under Perak Agro Management Services Sdn. Bhd. as the unified management holding.

Perak SADC is led by Chief Executive Officer Mohd Azhar Mohd Yusof (appointed 2 April 2025, previously CFO with 20+ years experience), under Chairman YAB Menteri Besar Dato' Seri Saarani Mohamad. It maintains governance certifications including MS ISO 37001:2025 Anti-Bribery Management System and an AIGA information security award (two consecutive years through 2024), and its subsidiary Perak Agro Mills became the first corporate subsidiary in Malaysia to receive the e-SelfAudit certification from the Auditor General in August 2025. Total community contributions reached RM55.33 million in 2024, including scholarship allocations, zakat, qurban cattle contributions, and food assistance programs.

Name

Perak State Agricultural Development Corporation

Legal name

Perbadanan Pembangunan Pertanian Negeri Perak

Website

https://pppnp.gov.my

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Perak State Agricultural Development Corporation (Perak SADC) is a Malaysian state statutory body operating integrated oil palm plantations, palm oil milling, aquaculture, halal frozen food distribution, and the Perak Halal Industrial Park. It serves smallholder farmers, rural communities, entrepreneurs, HORECA customers, and halal industry investors.

Ownership category

akta.pro rank

Product category

Agricultural Development Services

NAICS

Oilseed and Grain Farming (1111), Farm Management Services (115116), Finfish Farming and Fish Hatcheries (112511)

SIC

Agricultural Services (700), Agricultural Prod-Livestock & Animal Specialties (200)

akta.pro primary industry

Palm Oil Milling, Refining & Fractionation (AFAKAEAB)

akta.pro secondary industries

Agriculture, Food Security & Nutrition Technical Assistance (BPADAEAG), Resilient Livelihoods & Climate-Smart Food Security (BPADAJAH), Sustainable Agriculture & Food Systems (Fair Trade, Food Access, Regenerative) (BPAGALAD)

Keywords

• Oil palm plantations
• Palm oil milling
• Aquaculture farming
• Halal industrial park
• Agricultural development

Headquarters

HQ city

Ipoh

HQ country

Malaysia

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Palm Oil Plantations: Core revenue from 24 palm oil estates including one in Bintulu, Sarawak. Activities include cultivation, harvesting and sale of palm oil produce. Subsidiaries Ladang Lekir Sdn Bhd and Ladang Jalong Sdn Bhd manage plantation operations.
2. Palm Oil Processing: Perak Agro Mills Sdn Bhd processes Fresh Fruit Bunches (BTS) into palm oil and palm kernel. Processes approximately 50% of BTS from smallholder farmers.
3. Aquaculture Products: Frozen shrimp products (joint venture with SBH Aquaculture Farm Sdn Bhd) and frozen tilapia products (joint venture with Trapia Malaysia Sdn Bhd and Genomar, Norway). Processing capacity of 25 MT/day raw fish. Export markets include North America (75%), Europe (15%), and local (10%).
4. Halal Food Distribution: Eurofresh Sdn Bhd (60% owned via Ladang Lekir Sdn Bhd) distributes frozen seafood and meat products with over 20 years experience and supplier networks across 15+ countries in Asia and South America.
5. Social Programs Management: Manages government-funded social programs including Ladang Rakyat, Ladang Untuk Rakyat, entrepreneur development, and skill training programs under various ministry allocations (KKDW, etc.).
6. Halal Industrial Park Development: Development of Perak Halal Industrial Park (Perak HIP) as strategic halal industry hub spanning 63.5 hectares with segments for gelatin ecosystem, cold storage logistics, and halal food processing.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Perak SADC is a state government-owned statutory body that develops and manages agricultural enterprises including 24 oil palm plantations, palm oil milling (60MT/hour), integrated aquaculture (shrimp and tilapia), halal frozen food distribution, and the Perak Halal Industrial Park (63.5 hectares). It also operates social programs including profit-sharing farming schemes (Ladang Rakyat), interest-free entrepreneur financing (RM3,000-RM100,000), Asnaf grants, and agriculture scholarships, while running the ECODOOR.MY agritourism portal aggregating 100+ operators.

Product overview

Perak SADC operates as a diversified agricultural development corporation with a multi-segment portfolio. The core business includes oil palm plantations (24 farms including Bintulu, Sarawak) and processing through Perak Agro Mills, plus aquaculture ventures through Trapia Malaysia and SBH Perak Agro Aquaculture. The corporation has launched strategic initiatives including Perak Halal Industrial Park (Perak HIP) for halal industry development and ECODOOR.MY as Malaysia's first agritourism portal. Social corporate programs include Ladang Rakyat, Ladang Untuk Rakyat, and various entrepreneur development schemes providing interest-free loans (RM3,000-RM100,000) and grants (RM3,000-RM5,000) for agricultural entrepreneurs. Subsidiaries include Eurofresh Sdn Bhd (halal frozen meat/seafood) and Perak Melon Corporation.

Differentiator

Problem solved

Functional benefit

Brands

• PEGRO: Brand name for agricultural and processed food products produced by PPPNP Group, including oils and food products.
• Forest Secret
• Eurofresh
• ECODOOR
• Perak HIP (Perak Halal Industrial Park)
• Perak Agro Mills
• Agrotek Perak SADC-Yayasan Perak

Quantifiable outcome

• Ladang Rakyat program distributing ~RM300 per recipient to ~700 participants annually since 1997
• +4 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

21 partnerships are on record, tiered core and supporting.

• Trapia Malaysia Sdn BhdcoreStrategic or Co-development Partner · 1 February 2008Joint venture for tilapia farming operations at Lake Temenggor, Gerik with technology partnership from Genomar, Norway. Partnership creates integrated operations from hatchery (2M fingerlings/week) to grow-out (7,500 MT/year) to fillet processing (25 MT/day). Perak SADC subsidiary Perak Agro Aquaculture Sdn Bhd holds 51% stake.
• SBH Aquaculture Farm Sdn BhdcoreStrategic or Co-development PartnerJoint venture partner for shrimp farming project at Kuala Kurau spanning 120.63 acres with 42 ponds, valued at nearly RM28 million. Created SBH Perak Agro Aquaculture Sdn Bhd with 49:51 equity split.
• Genomar, NorwaysupportingTechnology or IntegrationTechnology partner providing expertise for tilapia farming operations through Trapia Malaysia Sdn Bhd joint venture
• Tourism PeraksupportingStrategic or Co-development PartnerCollaboration with Tourism Perak for agrotourism development as part of Perak Sejahtera 2030 Food Security Flagship and Visit Perak 2024 campaign
• Halal Development Corporation Berhad (HDC)coreStrategic or Co-development PartnerMoU signed in September 2023 for halal industry development cooperation supporting Perak HIP development and halal ecosystem
• Eurofresh Sdn BhdcoreStrategic or Co-development PartnerWholly-owned subsidiary (60% via Ladang Lekir Sdn Bhd) handling halal frozen food distribution with 20+ years experience, supplier networks across 15+ countries, serving hotels, restaurants and banquet halls
• Kementerian Kemajuan Desa dan Wilayah (KKDW)coreStrategic or Co-development PartnerGovernment ministry sponsor for Program Latihan Kemahiran dan Kerjaya (PLKK) targeting hardcore poor, B40, and low-income individuals for agricultural skill development
• Yayasan PerakcoreStrategic or Co-development PartnerCo-sponsor of Agrotek scholarship program providing RM1 million annually for 65 agriculture students at higher education institutions
• Ladang Lekir Sdn BhdcoreStrategic or Co-development PartnerSubsidiary managing palm oil estates and holding 60% stake in Eurofresh Sdn Bhd
• Ladang Jalong Sdn BhdcoreStrategic or Co-development PartnerSubsidiary managing palm oil estates including pioneering Ladang Jalong Tinggi opened in 1975
• Perak Agro Mills Sdn BhdcoreStrategic or Co-development PartnerWholly-owned subsidiary (via Perak Agro Oil Palm Sdn Bhd) operating palm oil mill with 60MT/hour capacity processing ~50% smallholder fruit
• Perak Agro Management Services Sdn BhdcoreStrategic or Co-development PartnerManagement company overseeing corporate restructuring consolidating subsidiaries under single management structure
• Jabatan Pertanian Negeri PeraksupportingStrategic or Co-development PartnerJoint development of Perak Onion Seed Project at Ladang Integrasi Lambor
• Kementerian Pertanian dan Keterjaminan Makanan (KPKM)supportingStrategic or Co-development PartnerMinistry collaboration for Perak Onion Seed Project and HPPNK participation
• Wilmar GroupsupportingStrategic or Co-development PartnerCourtesy visit and industry collaboration in plantation sector
• Boustead Plantations BerhadsupportingStrategic or Co-development PartnerCourtesy visit to strengthen strategic relations and expand industry cooperation in plantations sector
• Leiner Gelatine Sdn BhdcoreStrategic or Co-development PartnerStrategic cooperation for Perak HIP development, specifically targeting gelatin ecosystem segment under halal industry development
• Abedin International (Pvt.) LimitedsupportingStrategic or Co-development PartnerPakistan-based meat processing company engaging in B2B discussions during Pakistan-Malaysia Business Conference 2025
• SV Enviro Pte LtdsupportingTechnology or IntegrationSingapore company with expertise in industrial wastewater treatment system design and construction, met during Pakistan-Malaysia Business Conference
• PT Fresh On Time SeafoodsupportingStrategic or Co-development PartnerIndonesian seafood company visited during December 2023 trade mission to Bogor, West Java
• PT East West Seed IndonesiasupportingTechnology or IntegrationSeed technology company visited during July 2025 delegation visit to Indonesia

Scale indicators16 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• IOI Corporation Berhad: Vertically integrated Malaysian palm oil major covering plantations, milling and downstream — broad incumbent comparable to PPPNP's plantation-to-mill vertical integration model.
• Boustead Plantations Berhad: Malaysian plantation group with oil palm estates and mills, and an existing strategic-relationship partner of PPPNP — broad incumbent peer for plantation/milling operations.
• Wilmar International: Global agribusiness major with palm oil plantations, milling and downstream operations; PPPNP has an existing industry-relationship courtesy visit — broad incumbent peer for scale and downstream integration.
• Sime Darby Plantation Berhad: Largest listed Malaysian plantation group with extensive palm oil estates and mills — broad incumbent peer on upstream crop, milling capacity and downstream integration; PPPNP already engages with Boustead/Wilmar-style major plantation groups.

Direct peers

• FELDA (Federal Land Development Authority): Malaysia's federal land development authority operating a comparable GLC model with oil palm plantations, smallholder settler schemes, and downstream milling — the closest structural and operational analogue to PPPNP at a national scale.
• FELCRA Berhad: Malaysian GLC focused on plantation development for rural communities with smallholder models similar to Ladang Rakyat, plus palm oil milling — directly comparable in mission, smallholder integration and crop mix.
• RISDA (Rubber Industry Smallholders Development Authority): Malaysian federal smallholder development body running Ladang Rakyat-style schemes and training programs analogous to PPPNP's social program portfolio and entrepreneur financing.
• Genomar Supreme Philippines / Genomar Norway: Tilapia genetics and aquaculture technology partner already embedded with PPPNP via Trapia Malaysia JV; represents the technology/breed side of the tilapia value chain PPPNP operates.

Regional players

• PT Perkebunan Nusantara (PTPN): Indonesian state-owned plantation holding with oil palm estates, smallholder schemes and downstream processing — comparable state-owned agricultural development mandate in a neighboring market.
• SALCRA (Sarawak Land Consolidation and Rehabilitation Authority): Sarawak state GLC running oil palm estates and smallholder schemes — comparable state-government agricultural development structure with PPPNP's own Sarawak estate in Bintulu.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/peraksadc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries8 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 Perak State Agricultural Development Corporation