- Guthrie (company)
Infobox_Company
company_name = Kumpulan Guthrie Berhad
company_| company_type = Public
company_slogan =
foundation = Established 1821 defunct = 2007 location = Headquartered inKuala Lumpur ,Malaysia
key_people = Tan Sri Dato’ Dr. Wan Mohd. Zahid Mohd Noordin(Chairman) Dato’ Abd Wahab Maskan (Group Chief Executive)
num_employees = 46,759
industry =Plantation ,Property ,Manufacturing & Others
revenue = (Profit 2.406 billionMYR 2006
(Profit 0.43billionMYR )
homepage = [http://www.guthrie.com.my/ Official Guthrie Group website]Guthrie Group Limited (Malay: "Kumpulan Guthrie Berhad"; myx|3131, delisted) was a
Malaysia n company that primarily dealt with plantations. It merged with three other plantation groups to form the world's largest plantation company with the name of Sime Darby Berhad.History
Guthrie was founded in
Singapore in 1821 by Alexander Guthrie, as the first British trading company inSoutheast Asia . Guthrie introducedrubber andoil palm inMalaysia in 1896 and 1924 respectively.Acquisition by Malaysia
In 1981, the group became a wholly Malaysian-owned company after Malaysian Prime Minister
Mahathir Mohamad engineered a raid byPemodalan Nasional Berhad to take over the group at theLondon Stock Exchange . The takeover allowed Malaysia to return ownership of some 200,000 acres (800 km²) of agricultural land back to Malaysians.Guthrie Group was made a public company in 1987 and was subsequently listed on the Kuala Lumpur Stock Exchange (KLSE) in 1989 in what was then the largest public issue in Malaysia.
Merger With Sime Darby
With the government investment company
Pemodalan Nasional Berhad being the largest single shareholder, the government merged Guthrie withSime Darby andGolden Hope plantation to form a new entity named Synergy Drive, later renamed Sime Darby. All Guthrie shares was de-listed inNovember 1 ,2007 and re-listed onNovember 30 2007. As of November 2007, Sime Darby is the largest company in Malaysia by market capitalization and also the largest plantation operator in the world with a land bank of over 540,000 hecters [ [http://biz.thestar.com.my/news/story.asp?file=/2007/12/1/business/19630201&sec=business Sime Darby holds the crown on Bursa] ]Current activities
The group's main activities are plantation and property management. The official trading name of Guthrie is "Kumpulan Guthrie Berhad". Guthrie Group has plantation estates in Peninsular Malaysia and Sabah, and northern Sumatra and
West Kalimantan (Borneo ) in Indonesia. The group is also engaged in real estate (with the formation of Guthrie Properties in 1994) and manufacturing.Reference/external link
* [http://www.guthrie.com.my/ Official Guthrie Group website]
References
See Also
Tanjong Pagar Dock Company
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