BANGKOK, Oct. 30, 2017 /PRNewswire/ — Award-winning plantation management company Asia Plantation Capital honors Kelvin Kaloki Sila and his team at its 2017 Annual General Meeting on Saturday 21 October 2017, at the Intercontinental Hotel, Bangkok, Thailand.
The APC Group’s Chief Executive Officer, Barry Rawlinson, opened the AGM by speaking to the crowd of over 400 Thailand-based plantation owners and stakeholders, about the ongoing effects of climate change in the agriculture sector. Mr Rawlinson also expressed his sincere gratitude to Kelvin Kaloki Sila and all Africa Plantation Capital staff who have worked tirelessly in addressing and mitigating the negative effects of climate change within the company’s agricultural practices and production.
Photo – https://photos.prnasia.com/prnh/20171030/1978149-1
Asia Plantation Capital continues to remain steadfast in its ethos of ‘holistic sustainability’. Throughout 2017, the company has embraced programmes and directives that transcend mere Corporate Social Responsibility (CSR) projects, ensuring that equal care, consideration and encouragement are given to all members of staff — from top and middle management all the way through to plantation workers and their families.
Jinda Tonkhambai, Asia Plantation Capital Thailand’s Operations Director, outlined the details of Asia Plantation Capital’s ongoing CSR activities, as well as those that have been carried out over the last year, from which many local communities have benefited.
In light of the company’s ongoing expansion and the additional plantations that are needed to meet growing demand for its products, Phanitta Matwangsaeng, from General Administration, updated attendees on the processes and due diligence carried out prior to the purchases of land. Technical details, such as the land designing process, plot diagrams, water systems, and tree management systems, were further explained by architect, Phoom Matwangsaeng.
Steve Watts, Chief Executive Officer of Asia Plantation Capital Asia, spoke about the business operations of Asia Plantation Capital Berhad (APCB) — the Malaysian arm of the APC Group — with emphasis placed on the major joint ventures that have been entered into, as well as the breakthroughs that were made in research and development. The factory — the largest agarwood distillery in Southeast Asia — now sees some new manufacturing processes, as well as an expanded nursery facility and laboratory with state of the art equipment to monitor oil quality and production methods. Mr Watts also announced that APCB is now in the process of obtaining certification for Good Manufacturing Practice and Halal certification.
One of the most significant achievements for APCB has been the recent recognition and unconditional approval of its products by the Suruhanjaya Syarikat Malaysia (SSM), which is Malaysia’s equivalent to the Monetary Authority of Singapore (MAS), and the Financial Conduct Authority (FCA) in the UK.
Boonchuay Jomkhamsee — Forestry Specialist, provided information on plantation management as well as APC’s inoculation process.
Dr Jeyakumar, who was recently appointed as Asia Plantation Capital’s Head of Inoculation R&D, revealed links in the formation of agarwood at the molecular level and explained the significance of APC’s inoculums. He also presented his ongoing research on Argininosuccinate Synthase 1 (ASS1) gene expression in Aquilaria plants, which is controlled by wound signal through the process of inoculation.
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Oud Essentials will introduce the use of Oud oil in skincare – a world’s first – through the creation of unique and innovative products. The agreement is said to be valued in the region of US$50 million over the next 10 years, with understanding between the two companies to supply valuable Oud oil, and other Asia Plantation Capital products sourced and manufactured from its sustainable agarwood plantations.
At the AGM, the APC Group awarded a certificate of honor to Africa Plantation Capital’s Kelvin Kaloki Silamwho garnered the ‘Asia Plantation Capital Global Leadership Award 2017’.
The AGM ended with a closing speech by APC Group CEO, Barry Rawlinson, who said, “2017 has been a good year for all of us at Asia
Plantation Capital, as we have seen positive growth within the organisation. Despite the challenges we have faced, we have managed to ensure that performance, growth and momentum across all regions have been maintained.”
Rawlinson concluded, “On behalf of the company, I would like to thank all our stakeholders, shareholders and every member of staff for their contribution and support.”
Notes For Editors:
For further information, please contact:
Zaahira Muhammad
Senior PR & Marketing Executive
Email:zaahira@asiaplantationcapital.com
Office: +6012-203-5344
About Asia Plantation Capital
The Asia Plantation Capital Group is a multi-award-winning sustainable plantation operator and management company, with projects across four continents, and a global workforce in excess of 2,000. A market leader in the industry, its Scientific Advisory Board is comprised of leading academics from various countries (China, Thailand, Malaysia, India, Switzerland and the United Arab Emirates), who have, between them, developed and patented industry-leading technologies and systems.
With a focus on commercial plantation projects and vertically integrated businesses that offer a combination of commercial, environmental and community benefits, Asia Plantation Capital has created a successful and dynamic ‘triple bottom line’ company.
