Goodhope Asia Holdings Company Profile

We will be an integrated
Globally Recognized
Player in the food industry,
whose people and
performance lead change
and deliver exceptional
growth through innovation
and technology.
Vision
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We want to become the
industry benchmark in the
Oils & Fats market space,
leveraging on Our
entrepreneurial spirit, Our
people and Our best practices,
keeping the best interests of
Our stakeholders in mind at
all times, while stretching
ourselves to create wealth, in
line with our three core values
FOCUSED, FLEXIBLE and FAST
Mission

Goodhope
Asia Holdings
Limited

Goodhope is a part of the group of
companies that form Carson Cumberbatch
PLC - a Sri Lankan Conglomerate with
regionalized business interests ranging from
plantations, oils & fats, beverage, property
& real estate development, investments and
financial services to leisure. The Carsons
Group which has a history in the plantation
business since the late 19th century has the
inherent know-how and financial backing
that lends strength and stability to propel its
plantations, oils and fats business into the
future. The Goodhope group, which entered
Indonesia in 1996 by acquiring PT Agro
Indomas in Central Kalimantan, has
increased the total developed land extent to
77,575 hectares and has currently developed
the necessary processing facilities. In
Peninsular Malaysia, Goodhope currently
owns and manages 1,398 hectares of Oil
Palm plantations. Goodhope group, intends
to expand the developed land by
approximately 29% from 77,575 hectares to
approximately 100,000 hectares within the
next three years.
In July 2011, Goodhope acquired three
companies specializing in edible oil refining
and specialty fats manufacturing. These
companies based in Malaysia and India has
given direct entry into the food ingredient
industry to the Goodhope Group.
Goodhope is emerging as a reputed
player in the global food ingredient industry
over the medium to long term. The Group
has identified its business domain for
investments as the food industry value chain
with a primary focus on edible oils & fats,
with access and control from origination to
supply and distribution of value added
products. Goodhope has put into operation
this vision and plans to further integrate
within the industry value chain through
organic growth, strategic alliances,
acquisitions and joint ventures. This will
enable the Group to expand forward and
backward within the identified value chain
while simultaneously looking for
opportunities in potential markets across
continents.
Currently Goodhope has developed a
reputation for its expertise in plantation
development and management. Significant
growth achieved in land under development
and cultivation from its original plantations
of 1,800 hectares in Malaysia to currently
having land bank of 156,998 hectares in
Indonesia and Malaysia bear testimony to
the success Goodhope has achieved during a
short period of time, staying true to our core
values. Over the years Goodhope has gained
knowledge and know-how that has helped us
become one of the leading companies in oil
palm plantations in Indonesia. Goodhope’s
specialized management services arm
supports its own plantations and has the
capacity to support and undertake
management of third party plantations, with
offices in India, Indonesia, Malaysia,
Singapore and Sri Lanka.
Goodhope Corporate Profile | P 03
Goodhope Asia
Holdings Ltd.,
incorporated in
Singapore, is a
holding company with
investments in the
Food Ingredient
industry in Indonesia,
Malaysia and India.
Goodhope
Asia Holdings
Limited

Goodhope is a growing oil palm plantation company with a
presence across the palm oil value chain, from plantation
ownership to palm oil production, and edible oils refining &
specialty fats production. We believe our strong foundation
allows us to expect significant growth in production volumes
and profitability. The key fundamentals are identified in the
diagram below.
Goodhope
Asia Holdings
Limited
Positive Growth Potential
Significant Portion of
Land Under Development
Goodhope’s Long Term Growth Fundamentals
Positive Palm Oil
Outlook
Track Record of Strong
Growth and Profitability
Young Age Profile of Oil Palms
Goodwill and Support from
Local Communities
Strategically Located
Oil Palm Plantations
Proven Business Model
Embracing of a Sustainable
Business Model
7
5
4
1 2
3
6

Goodhope
Asia Holdings
Limited
Young Age Profile of Oil Palms
2
Significant room for volume and yield growth due to our young age profile
Age Profile of Plantations (as of 31 Mar 2014)
Immature (Below 3 years)
(16,023 Ha)
Young (4-6 Years)
(20,675 Ha)
Peak Production (7-18 Years)
(29,935 Ha)
Total Planted Land Bank = 66,633 Ha
Significant Portion of Land Under Development1
Goodhope through its experience notes
that suitable lands in Indonesia for the
cultivation of oil palms is increasingly
difficult to source and relevant approvals
are increasingly time consuming to
procure. Therefore, the 37,365 hectares
of land under development which will be
used for future cultivation, provides a
strategic advantage to Goodhope in the
longer term. We also own 1,398 hectares
of freehold land bank in Malaysia which
has attained commercial value.
Total Land Bank = 156,998 Ha
Nucleus Land Bank Profile (as at 31 Mar 2014)
Planted Area
(66,633 Ha)
(10,941 Ha)
Land Under Development
(37,365Ha)
Conservation and Reserved Land
(42,059Ha)
Growth in Developed Land Over
Last 5 years ‘000 Ha
The weighted average age of the oil palms is
approximately 7 years as at 31st March
2014 with the oil palms yet to reach full
potential. Approximately 55% of the planted
area is yet to reach peak production age,
while the oldest of the oil palm plantations
approximates only 17 years, highlighting the
potential for Goodhope to achieve
economies of scale through lower operating
costs and enhanced profitability on these
past investments.
Significant room to grow with
37,365 hectares of land under
development and 16,023 hectares
of land in its immature phase.
24%
31%
Developed
Land
(49%)
Infrastructure Area
42%
7%
24%
27%
45%
32 36 43 48 50
14
15
11
16 16
2
3
11
11 11
48
54
64
75 77
0
20
40
60
80
FY2010 FY2011 FY2012 FY2013 FY2014
Mature Immature Infastructure

Goodhope
Asia Holdings
Limited
Close proximity / strategic location of oil palm plantations provide for cost/operational eﬃciencies
East
Kalimantan
South
Kalimantan
Central
Kalimantan
West
Kalimantan
PTAJB
PTBMS
PTSMS
30,173 Ha
PTRIM
3,933 Ha
PTSSA
PTSHP
23,827 Ha
PTAB Mill
594,000 MT of processing capacity
PTAI Mills
1,188,000MT of total processing
capacity
PTAWL Mill
Plantations
Processing Mills / Bulking Station
Oil palm plantations in the Kalimantan region
PTAB
24,931 Ha
PTKMS
PTAWL
25,114 Ha
Bulking Station
30,000MT of total storage capacity
PTAI
26,861 Ha
PTAI Mill
Strategically Located Oil Palm Plantations3
Our current and future plantations are
located in close proximity to one another
allowing for cost synergies and
operational eﬃciencies through shared
management expertise, logistics
arrangements, plantation development
activities and common facilities such as
nurseries, palm oil processing mills and
bulking infrastructure. Additionally Our
plantations are strategically located with
close proximity to ports giving us cost
advantages.

Goodhope
Asia Holdings
Limited
Our Results
Embracing a Sustainable Business Model
Balanced approach towards economic, environmental and social sustainability
4
The Goodhope business model is based on
the triple bottom line approach, taking into
account the economic, environment and
social considerations in making sound
business decisions. This has enabled,
Goodhope to achieve both operational and
proﬁt growth through a focus on managing
dynamics relating to the society,
community, natural resources and the
industry environment.
CPO Yields (Fully Mature Plantation - PTAI)
6.5 6.4 6.3 6.2
> Production of over 12 MT of FFB per Ha in the ﬁrst 12 months of
commercial maturity of our oil palms
> Achieved high CPO yields from our fully mature plantation (PTAI)
MT / Ha
6.4 6.3 6.2 5.4
0.0
5.0
FY2011 FY2012 FY2013 FY2014
4.7 4.8 5.1 5.0
MT / Ha
5.2 5.1 4.9 4.4
0.0
5.0
FY2011 FY2012 FY2013 FY2014
CPO Yields (Average)

Fast
Expert &
Precise
Clarity&
Concentration
Adaptive &
Agile
Empowered &
Enabled
Open&Worldly
Trusted &
respected
Honest &
Responsible
Visionary &
Inspired
Diagram: Core and Support Values
Flexible
We move at the speed of business.
Speed and Agility in executing
operational and strategic objectives.
We are built to change. This makes us adaptive
and agile at all times.
FocusedWe respond to the business environment by
deﬁning goals in relation to our capabilities
and competencies.
By inculcating a people centric culture that
focuses on innovation, entrepreneurship,
professionalism and a desire for excellence
in all we do, Goodhope has the right mix to
move forward to embrace identiﬁed
opportunities. The Group’s culture is
strengthened by our commitment towards
conducting our business with the highest
standards of corporate behaviour, business
ethics, integrity and professionalism.
Our core values - Focused, Flexible and
Fast underpin the drivers of Goodhope’s
business excellence and form the basis by
which we undertake business activities.
These values are lived by all our people and
are further endorsed by their support
values.
Goodhope
Asia Holdings
Limited

Goodhope’s Evolution
 1,398 Ha in Malaysia under cultivation
 Ventured into Indonesia by acquiring
PT Agro Indomas with a Land Bank
of 12,104 Ha
 Immature 2,816 Ha
 Mature 9,741 Ha
 Infrastructure and
Reserves 3,307 Ha
 Land Bank 17,252 Ha
 CPO Production 33,203 MT
 Mature 12,881 Ha
 Infrastructure and Reserves 2,664 Ha
 Infrastructure 3,085 Ha
 Under Development 39,454 Ha
 Acquired Bulk Oil Refining
and Specialty Fats Manufacturing
capacities of 292,729 MT per year
1996
2011
ORGANIC
GROW
TH
Goodhope
Asia Holdings
Limited
2003
2007
2013
 Enhanced Bulk Oil Refining and
Specialty Fats Manufacturing capacities
to 320,508 MT per year
2014
ORGANIC
+
INORGANIC
GROW
TH
 Bulk Oil Refining and Specialty
Fats Manufacturing capacities
to 321,404 MT per year

Carson Cumberbatch PLC incorporated in
Sri Lanka is the holding company of a
diverse group of businesses, with business
interests in plantations, oils and fats,
beverages, investments and financial
services (portfolio management), real estate
and leisure sectors. Its business interests
span regionally across Sri Lanka, Malaysia,
Indonesia and India. The Group has many
registered companies of which fourteen are
listed on the Colombo Stock Exchange. The
Carsons Group plans to regionalize its
business base to growing markets by
offering a new standard of excellence in
products and services owned and operated
by the Group. Backed by an heritage of well
over 100 years, today it is positioned as a
Company whose outlook is regional, focused
on a future which is technology-oriented,
results-driven and world class.
As a Group focused on these
fundamentals, the emphasis has been
towards the creation of sustainable long
term shareholder value in all business
operations. The Group believes that
creativity, dedication and innovative spirit of
employees will mean the difference between
success and failure of all business
operations. Hence, Carsons is committed to
rewarding employees based on merit and
providing opportunities to grow and develop
with the Group. Further, as a socially
responsible corporate the Group has
recognized the call for being sensitive to the
needs of the environment within which all
business operations take place and the
widespread communities that the Group
works with.
The Carsons Group turnover stood at
USD 588 million for the financial year ending
March 2014. At present Carson
Cumberbatch PLC is amongst the top five
largest Companies (in terms of market
capitalization) in the Colombo Stock
Exchange (value of LKR 80 billion as at June
30, 2014 which translates to approximately
USD 614 million).
CARSONS GROUP PARENT COMPANY PROFILE
> Plantations, Oils and Fats
> Portfolio & Asset Management
> Beverage
> Real Estate
> Leisure
www.carsoncumberbatch.com
Goodhope Company Profile | P 10

> 66,633 Ha of planted area
> 37,365 Ha under development
> Oils and fats reﬁning and specialty fats processing facilities in
Malaysia and India
> Marketing network in oils and fats to over 50 countries
Plantations, Oils and Fats
Beverage
> 82% market share in the Sri Lankan beer industry
> “Lion" Brand is the market leader in Maldives
> State-of-the-art manufacturing facilities
> Brews “Carlsberg” under license
> Distribution rights for the legendary Mexican beer brand "Corona"
> Sole Importer and Distributor of Diageo Portfolio of Brands
> Rights to import and distribute Moet Hennessy portfolio of brands
> Exports to ﬁve regions globally
> Total portfolio value of USD 185 milllion
> Managers of the only dedicated country fund in Sri Lanka
Portfolio & Asset Management
> Two hotels with 180 rooms
> Owns 4 properties
> Properties valued at USD 18 million
Leisure & Real Estate
CARSONS GROUP SNAPSHOT OF THE SECTORS

Goodhope is currently leveraging on its
strengths in its core business of Oil Palm
plantations, by expanding across the value
chain into the food industry. We have plans
to grow within this value chain by securing
access and control from origination to
supply. Goodhope, while focussing on
investments in its plantations business will
also identify value adding investments in the
edible oils and fats and value chain adjacent
businesses. These investments will enhance
our product offering to a larger global
market and enable us to reach the final
consumer.
It is in line with these plans that the
Group acquired the specialized
manufacturing capabilities of three
companies in Malaysia and India which
transformed Goodhope from a solely
plantations owner to become a player with
exposure to the overall global edible oils and
fats industries.
In order to complement and support our
planned value chain expansion efforts, we
will continue expansion of our oil palm
plantations business. We have in place a land
acquisition strategy through organic and
inorganic means which will help secure the
CPO required in the future for our edible oils
and fats business. We plan to further
enhance the supply chain of our plantations
business through backward integration with
fertilizer and seed suppliers to gain
advantages through economies of scale. This
will help protect the value created within our
business and maximize the effective returns
we deliver to all stakeholders. Our move to
expand in the value chain also spreads the
business risk exposure of being a pure
plantations player in the industry.
Entry into the edible oils and fats
business automatically extends the
feedstock and product lines to a wider array
of products. However, more importantly, the
resultant business dynamics and the new
operating environment broadens the scope
of operations for the Group and helps to
create and sustain stakeholder value.
This expanding horizon of Goodhope
requires the building of an integrated and
linked business model with access from
origination to supply and distribution of its
end products.
The growing scope of businesses at
Goodhope, will be supported by centralized
back office functions at the corporate level.
Our dedicated and experienced corporate
management team will lead the way and
provide direction to enable maximum
shareholder returns.
Expanding Across the
Value Chain
Plantation
Food
Ingredient
Producer
Food
Producer
Retailer Consumer
Goodhope's
Presence
Industry Value Chain
Goodhope’s
Way Forward
Owns
plantations
Has refining
and
specialty
fats
processing
Produces
cooking oil
Owns
regional
brands
Therefore
reaches
the final
consumer
Goodhope’s presence across the value chain is as follows:

Business Structure
Our strategic direction and plans bring forth the following business structure to enable the Group to
optimize resources. The plantations, oils and fats asset base has been consolidated under a single
holding entity, facilitating the expansion of the sector.
Management
Arm
Malaysian
Plantations
Indonesian
Plantations
Trading
Companies
Corporate
Management
Arm
Management
Arm
Business
Systems
and
Services
Arm
Investment
Companies
Oil Palm
Plantations
Segment
Value Chain
Adjacencies
Manufacturing
and Process
Re-engineering
Business
Development
and R&D
Marketing
Supply Chain
& Logistics
Goodhope Asia Holdings Ltd
(Incorporated in Singapore)
Edible Oils and Fats Segment
Premium Nutrients Private Limited
(Incorporated in Singapore)
Goodhope’s
Way Forward

Our Business
Operations
OIL PALM PLANTAIONS SEGMENT
Segmental Goals
> Continue to focus on
expanding land bank in
Indonesia to sustain growth
> Increase the Group’s
developed land bank by 29%
within the next 3 years
> Expand milling/processing
capacity to cater to growing
FFB volumes
> Expand land bank to other
overseas locations through
organic and inorganic means
> Increase the Group’s proﬁle
as a socially responsible,
sustainable plantation
company
Key areas of excellence in our plantation operations include:
* Above average oil yields per hectare, through the adoption of sustained agronomy and
plantation management practices
* Our mature plantation (PT Agro Indomas) generated an oil yield of 5.43MT per hectare
during the year 2013/14
Malaysian Plantations
> 1,398 hectares mature across four
plantation estates
Indonesian Plantations
> Mature and immature plantations:
66,633 hectares
> Land Bank: 156,988 hectares
> FFB milling capacity: 2,673,000MT per yr
At A Glance:
>.

Plantation Development
The Group has a strong base in plantation
development which is the result of the
adoption of stringent policies and practices
in sourcing high quality seeds, nursery
management, plantation development and
immature maintenance. This has resulted in
the early maturing of new plantations with
commercial harvesting commencing within
26-28 months from planting, whilst
generating high early yields with first year
yields of 12-14MT being recorded in the first
full year of maturity. This has helped position
Goodhope as an industry benchmark in
terms of our plantation management
practices.
Our operational focus at plantation level
is to achieve above average oil yields per
hectare, through the adoption of sustained
agronomy and plantation management
practices. Our mature plantations (PT Agro
Indomas) were able to achieve an oil yield of
5.4-6.3MT per hectare during the last
few years.
The table below summarizes the current
status of Goodhope’s land bank. New land is
being sourced in the regions of Central
Kalimantan, South Kalimantan, West
Kalimantan and East Kalimantan. The Group
also has acquired land bank in West Papua
(Irian Jaya). Goodhope also intends to
continue expanding in Malaysia, where
possible, and seeks opportunites in Central
and West Africa.
Goodhope Company Profile 2011 | P 06
Oil Palm
Plantations
Segment
Our Business
Operations
Plantation (Hectares) Region/Areas Total
Developed land Malaysia/Indonesia 77,575
Land under development Malaysia/Indonesia 37,365
Conservation land Indonesia 42,059
Total Land Bank Malaysia/Indonesia 156,988
Our key areas of excellence in
plantation operations have helped
position Goodhope as an industry
benchmark in terms of plantation
management practices
ISO 14001:2004
PT Agro Indomas & PT
Agro Bukit are certified
as ISO 14001:2004
since October 2007
OHSAS 18001:2007
PT Agro Indomas & PT
Agro Bukit are certified
as OHSAS 18001:2007
compliant since
January 2009
RSPO Memberships
PT Agro Indomas,
PT Agro Bukit and
PT Agro Wana Lestari are
members of the RSPO
RSPO Certification
Both mills at PT Agro
Indomas have been
certified by the RSPO as
at September 2012

OurPlantationLocations

Oil Palm Processing
Goodhope has a total Crude Palm Oil (CPO)
milling capacity of 2,673,000MT per year.
This comprises of four mills of 594,000MT
per year capacity each; in operation within
the Central Kalimantan region, and one mill
of 297,000MT per year capacity in the East
Kalimantan region. One mill with a capacity
of 396,000MT per year is currently under
construction. The Group also operates a
Kernal Crushing Plant in Central Kalimantan
with a capacity of 108,000MT per year. The
Group also has a Bulking Station with a
capacity of 30,000MT at the Bangendang
Port, Sampit, Central Kalimantan.
The Group has developed its internal
competencies and project management
skills in carrying out some of the civil
engineering related work, which has led to
significant cost savings and efficiency
enhancements in construction of our oil
mills and other projects.
The multitude of initiatives
implemented within our oil processing mills
has enabled us to achieve and sustain oil
extraction rates on par with the best within
the region of Malaysia and Indonesia, which
represents 90% of the industry. This has
meant that our mature plantation in Central
Kalimantan (PT Agro Indomas) was able to
record an oil extraction rate of 22.31%
during the financial year 2013/14,
demonstrating the results of best practices
adopted in agronomy and plantation
management and the stringent quality
assurance regime followed by all our
plantations and mills.
2012/13 2013/14
FFB Yield based on age of Oil Palms
4 to 6 years MT/Ha. 14.45 12.15
7 to 8 years MT/Ha. 28.98 22.45
9 to 10 years MT/Ha. 30.04 24.96
11 to 12 years MT/Ha. 32.23 30.62
Above 12 years MT/Ha. 29.68 24.42
Extraction Rates
CPO % 22 - 25 21 - 24
CPKO % 41 - 43 38 - 42
Key Result Areas
Goodhope’s emphasis
on doing things to the
best of our ability has
enabled us to achieve
and sustain oil
extraction rates on
par with benchmark
companies in Malaysia
and Indonesia, who
are global leaders in
the industry.
Oil Palm
Plantations
Segment
Our Business
Operations

EDIBLE OILS & FATS SEGMENT
Segmental Goals
> Expand production
capacities and distribution
capabilities focusing on
Indonesia and the Indian
Subcontinent
> Increase focus on specialty
fats and expand the product
offering
> Expansion into refining of
so oils
> Be widely recognized as a
sustainable and responsible
food industry player
At A Glance:
> Total Bulk and Specialty Fats Production capacity:
321,404 MT per year
> PK Solvent Extraction Plant capacity: 208,800 MT per year
> CPO refining capacity: 104,400 MT per year
Our Business
Operations
* ISO 9001:2008
* ISO 22000:2005
* GMP+ Certification
* Halal Certification
based on MS 1500:2009 standard
* MH 1480:2007
* Kosher Certification
* HACCP
Premium Vegetable
Oils Sdn Bhd and
Premium Fats Sdn Bhd
obtained RSPO Supply
Chain certification in
October 2012

Processing Facilities
In July 2011, Goodhope acquired three
companies established in the refining and
manufacturing of edible oils and fats
products. These companies, namely
Premium Vegetable Oils Sdn Bhd (PVO),
Premium Fats Sdn Bhd (PF) and Arani Agro
Oil Industries Pvt Ltd (AAO) (together known
as Premium Group) form Goodhope’s edible
oils & fats business operations based in
Malaysia and India.
The specialty oils and fats products are
based on palm kernel oil, palm oil and
coconut oil including those refined,
fractionated and interesterified products.
Currently, the Group has a combined refining
and manufacturing facility of 321,404MT per
year which includes a Palm Kernel Solvent
Extraction Plant with a capacity of
208,800MT per year in Malaysia. The Group
is in the process of consolidating and
increasing the capacities and product
capabilities offered to customers, while
simultaneously implementing process
efficiencies to gain advantages of scale and
cost competitiveness.
Premium Group products are exported
to over 50 countries worldwide including
North America, Europe, the Middle East,
South East Asia and Australia.
The edible oils & fats segment products
are tailored to meet customers demanding
requirements and specifications. We strive to
surpass customers‘ expectations through
technically advanced and cost effective
production techniques and applied research
and development capabilities. To this end we
are also in the process of upgrading and
enhancing our research and development
capabilities to cater to customers’ demand
for specialized and high quality products.
Edible Oils &
Fats Segment
One of the most critical
aspects of producers of
specialty fats is building
competencies in customer
centric applied research
and development, in order
to cater to specific
client requirements.
Our Business
Operations

As the operations of the Group expand both in the oil palm plantations segment and in the edible
oils and fats segment, it is essential that Goodhope secures access and control over key inputs and
support functions ensuring sustained quality and constant supply stream to ensure its business
operations are conducted in an uninterrupted manner. The Group also plans to further invest in the
enhancment of agronomy managment and support through capability building in analaytical
laboratory services.
Our Business
Operations
VALUE CHAIN ADJACENCIES
AHL Business Solutions (Pvt) Ltd
AHL Business Solutions (Pvt) Ltd (AHLBS) was set up as a specialized unit to
provide business systems and services to the Goodhope Group’s oil palm
plantations and edible oils and fats business segments. Encompassing IT
infrastructure support, integrated business solutions and the operation of a
centralized shared service function, AHLBS operates within six key business
verticals - ICT Infrastructure, Business Support Systems, Business
Intelligence and Analytics, Solutions Development, Business Process
Management and Consultancy Services.
By operating within these verticals, AHLBS has enabled greater synergies to
be gained by Goodhope’s ICT assets, while the centralization and
standardization of the Group ICT resources allows greater flexibility and
adaptability. The Company foresees this structure facilitating the easy roll
out of new and advanced technology for the Goodhope Group while enabling
the Group to be prepared to integrate new businesses across its the value
chain.
AHLBS is certified by the British Standards Institute (BSI) for ISO
27001:2005, which is its ‘Information Security Management System (ISMS)’.
The Group works towards cost
optimisation through the Business
Systems and Services Segment that
provide support to the oil palm
plantations and edible oils and fats
business segments. This serves as a
value chain adjacent busines that
provides a multitude of servces
which encompass IT infrastructure
to integratedbusiness solutions, and
allows us to reduce business
process costs and enhance
efficiencies.

Developing Our People
Goodhope’s learning and development
interventions are geared towards enhancing
personal growth and developing specific
skills to meet new challenges and
technologies. The Group perceives people to
be the major strength in achieving corporate
success. In-house seminars and training
activities are organized to benefit various
levels of staff throughout the year.
The Group values team work and the
innovative spirit of individuals. We foster a
strong work ethic rooted in integrity, respect
and transparency. This provides a solid
foundation to strive for excellence in all
facets of our organization. Our positive work
culture encourages individuals to perform at
an optimum level. As such, a key ingredient
in the business model is the continuous
build-up of a competent pool of human
resources.
Corporate
Expertise
In line with the overall
organizational design which
is based on centrally
coordinating all of the
Group’s operations, Goodhope
has a corporate management
team to provide strategic
direction and policy
development to the entire
Group with support on
operational matters being
given by individual
management services units
in the different business
segments. The business
segments also benefit from
a unified corporate brand
identity and visibility, Group
human resource initiatives,
Group financing, Group level
networking and contact
building, legal and secretarial
services and enterprise
governance and risk
management initiatives.
Currently the Group has
management services units
for its oil palm plantations,
edible oils and fats and value
chain adjacent business
segments, acting as centres
of excellence for planning,
management and control.

Enterprise Governance
Goodhope recognizes that good enterprise
governance is essential for success in the
long term. Our commitment to excellence in
corporate governance and enhancing
shareholder value is promoted through our
Good Enterprise Governance (GEG)
framework which is deployed to all Group
companies.
The key elements of the GEG
framework - Enterprise Risk Management,
procedures and policies, business principles,
internal controls and financial reporting
framework - together set high standards for
the Group’s decision making process.
The overall and final responsibility for
enterprise governance lies with the Board of
Directors. They set the standards at the
highest level and cascade it across all Group
companies. In order to achieve the
objectives set by the Board, the GEG
framework is further supported by a
pre-defined set of systems and procedures
together with dedicated Board Committees
that execute and monitor its effectiveness on
a continuous basis.
Enterprise Risk
Management
The Group is exposed to many risks that
arise due to the nature of business
operations and the environment that the
business operates within. The Enterprise
Risk Management (ERM) process at
Goodhope has been implemented taking into
consideration these salient factors in the
changing business environment. In
implementing the business plan the Group
has embedded ERM to its day to day
business activities and has made it an
integral part of its strategic decision
making process.
As a key element of the Group’s
Corporate Governance framework, the
Group’s risk profile is monitored and
measured on a regular basis. An overview of
the spread of risks at Goodhope can be
found below.
Enterprise Governance and Enterprise Risk Management
Corporate
Expertise
Diagram: Overview of Spread of Risks at Goodhope
Edible Oils & Fats
Oil Plam Plantations Business Development
Finance
Human Resources
Legal
Marketing
Supply Chain/ProcurementValue Chain Adjacencies
Management Arm
Corporate
General Group
Strategic Risks
Business Segment
Specific Risks
Function Specific Risks

Goodhope’s
View of
Sustainability

The nature of Goodhope’s business
operations is such that it interacts with the
environment and the society thus influencing
and impacting the same. We realize the
importance of climate change and ensuring
the ability of future generations to sustain
itself. Hence as a Group whose business
revolves around an agricultural theme, we
need to exercise responsibility and care in
creating sustainable growth for all our
stakeholders.
This view has been the reason that
Goodhope has embraced the “triple bottom
line” approach to build a sustainable
business model. To help us achieve this, we
have a dedicated department overlooking
the Environmental and Social Sustainability
aspects while the organization strives to
achieve Economic Sustainability.
This underlines our belief that the Group
must consider the wider social and
environmental aspects in the long term
while economic profit to shareholders is
maximized. Therefore we will continue to
achieve economic profit while ensuring that
the natural environment, our employees and
the communities surrounding our business
operations do not suffer any adverse effects.
Environmental
Sustainability
The environment forms an integral part of
the Group’s sustainable operations. We have
put in place many initiatives and processes
to implement our values and beliefs in this
regard. The Group’s main plantations hold
membership in the Roundtable on
Sustainable Palm Oil (RSPO) to facilitate
greater adhearance and know-how about
best practices for sustainable plantation
operations.
Some key areas of concern with regard
to environmentally friendly practices are set
out herewith.
OUR SUSTAINABLE
OPERATING MODEL

Goodhope’s
view of
sustainability
Biodiversity
Ensuring the preservation and enhancement
of biodiversity in our plantations whilst
protecting and conserving endangered
species is an important area of our
environmental best practices. Some
initiatives undertaken include the
rehabilitation of areas designated as riparian
zones, preservation of High Conservation
Value (HCV) areas, and building and
maintaining animal corridors in our
plantations.
Land Development
We have policies in place to ensure that we
do not plant/develop any peat land and
consider only degraded lands (not virgin
jungles) for oil palm cultivation. We maintain
riparian zones and HCV areas within our
plantations. We also maintain a zero burning
policy when undertaking land clearing
operations.
Soil Conservation
Goodhope has a stringent policy for soil
conservation integrated into our plantation
development plans. Before we undertake the
development of land for oil palm cultivation,
we are careful to identify and keep
udisturbed the areas designated as ‘steep
areas’ for nature to take its course. Further,
areas identified as ‘moderate slope areas’
are selected for water and soil conservation
measures which are undertaken through the
application of erosion prevention controls
such as terracing of the terrain, constructing
proper drainage systems, mulching and
retaining the maximum land cover possible.
In addition, significant areas are set aside as
water catchment areas’ where the original
vegetation is usually le intact and where
necessary, additional trees are planted.
Materials
We undertake sustainable practices such as
the safe use of fertilizers and pesticides, use
of palm kernel shells and other agricultural
waste as biomass fuel for power generation,
recycling of paper, and use of empty fruit
bunches and cut branches for natural
compost.
Water
Several initiatives are undertaken for the
conservation of water. These include
recycling waste water, which is then utilized
for cleaning purposes, safeguarding the
waterways during plantation development in
order to minimize the overflow of hazardous
chemicals and effluents into them. We also
monitor and provide clean drinking water to
the plantations.
Energy & Emissions
To conserve energy and scarce resources,
Goodhope uses renewable energy sources
for the generation of thermal energy
wherever possible. This renewable energy is
then used in the oil mills for mill processing,
and in the management complex and
employee housing areas. We are also
proactive in controlling our emissions with a
long term vision of reducing our Carbon
Footprint.
Goodhope’s
View of
Sustainability

Social Sustainability
Goodhope’s plantations form an integral part
of the community around us. The activities of
the plantation operations interact with, and
at the same time, impact the surrounding
community. Goodhope is mindful of its duty
to ensure that practices are community
friendly, local cultural and religious values
are respected and that we facilitate in the
economic empowerment and education
advancement of the community. At the same
time, many initiatives have also been taken
to facilitate the development of the
community and the villages adjoining our
plantations. In a similar manner; appropriate
programs are in place to ensure employee
welfare.
The CSR Framework depicted herewith
enables the Group to focus on relevant
programs to benefit both employees and the
community.
Education Advancement
The goal of this program is to help the
advancement of education for the children of
employees and the community surrounding
our plantations. This also addresses our
commitment towards the Millennium
Development Goal (MDG): where all children
universally should have the right to receive
and complete their primary education and
have access to a good quality education.
In line with this commitment the Group
has established the Agro Harapan
Foundation to guide and facilitate the
setting-up and operation of education and
school facilities in all our plantations. The
success of the foundation’s effort is
recognized by the very first school set up in
Central Kalimantan in Indonesia being
accredited with the highest rating
category (A grade) that a private school in
Indonesia could obtain. The school is
complete with a fully fledged science
laboratory, computing facilities, a library and
other facilities to offer a high quality
education to its students. The facilities are
on par with some city schools and give a
competitive edge to students who attend.
This program has enabled the children of
employees and the communities around our
plantations to obtain a quality primary
education and improve their future outlook,
through improved literacy rates and
employability.
Goodhope’s
view of
sustainability
Goodhope’s
View of
Sustainability
PRIMARY PILLARS
> Economic Empowerment
> Education Advancement
SUPPORT PILLARS
> Health and Safety
> Public Infrastructure
> Community/Employee Relations

Economic Empowerment
Economic empowerment considers the
strategic shi from a philanthropy
(charity/donation) angle to a more
sustainable empowerment program. The
primary aim of the economic empowerment
program is to encourage the people living in
the villages around our plantation operations
to become more self-reliant. This also
considers the need to give them greater
conﬁdence and self assurance to take up
available challenges and opportunities. This
empowerment program addresses another
MDG: “that of eradicating extreme poverty
by 2015”.
In line with these commitments the
Group has already undertaken some
initiatives such as:
> PLASMA schemes - We
believe that it is essential to
actively engage the local
community to be
stakeholders in our business.
One such initiative taken is
the out-grower program
known as PLASMA, in
Indonesia, where community
members are assigned
specially allocated land which
we develop in partnership
with them. The produce from
these PLASMA lands are
bought back by us ensuring a
guaranteed income to the
PLASMA members.
> Outsourcing contracts to
village contractors/suppliers
where possible.
> Educating villagers on
sustainable agricultural and
ﬁsheries practices in
association with NGOs.
> Facilitating the set up of
village level marketing
outlets with the help of
relevant local authorities to
provide an easier access to
villagers for the sale and
purchase of produce.
> Promoting community
entrepreneurship and
alternative income
generating activities through
available resources, such as
the utilization of locally
available resources such as
“Pandanus” for creating
handicra items for
household uses. We also
support home-based industry
development, such as
home-catering for traditional
cakes and foods.
Goodhope’s
view of
sustainability
Goodhope’s
View of
Sustainability

Support Functions
Health and Safety
Through this initiative, the Group strives to
educate and increase the level of health and
sanitation among our employees as well as
the communities and villages surrounding
our plantation operations. The aim is to
minimize the spread of contagious illnesses
among the community within which we
operate. To facilitate our objectives we
operate polyclinics that provide regular
medical check-ups, medical tests,
inoculations and family planning counseling.
We also have a 24-hour on-call doctor in our
plantations available to both employees and
community members. We also conduct
regular awareness campaigns on
health hazards and prevention of same.
Providing Infrastructure
Facilities
Improvement in the life styles and living
standards of employees is a primary concern
of Goodhope. We therefore provide many
facilities that benefit our employees
including:
> Housing for the resident workforce
> Recreational and sports facilities
Further, Goodhope also undertakes other
projects such as:
> Road building and maintenance
> Provision of clean drinking water
> Provision of generators
> Facilitating the supply of power in the
surrounding villages
The above not only benefit our employees
but also their families and communities
surrounding our plantation operations.
Some of the Group’s efforts have also
been facilitated and enhanced by the
involvement of local government
organizations and NGOs.
Community/Employee
Relations
Goodhope believes that relationships with
the community are vital to carry-out
sustainable operations and therefore strive
to behave in a socially responsible manner at
all times.
We have undertaken several initiatives
such as organizing Pay Day Bazaars and
assisting in religious celebrations of our
resident workforce. In addition,
co-operatives are set up to ensure the
availability of essential goods at a
reasonable price for employees and the
communities around our plantations.
Further, we regularly meet with and
assist Villagers/Government Officials
(Provincial Agencies and District Agencies)
and NGOs to build and maintain
relationships. In addition, we also take an
active interest in, and facilitate in events
organized to foster and promote religious
and cultural events in communities we
operate within.
Goodhope’s
View of
Sustainability

Corporate Name:
Country of Incorporation:
Singapore
Parent Company:
Carson Cumberbatch PLC
Plantations:
-Malaysia
-Indonesia
Specialty Fats Reﬁning Operations:
-Malaysia
-India
Regional Oﬃce:
-Sri Lanka
-Malaysia
-Indonesia
Our Journey
Carsons establishes
its tea and rubber
estates in Sri Lanka
and Malaysia.
Oil Palm Plantations
Edible Oils & Fats Locations
Regional Offices

Our logo is the
talaria, the wing that
enabled the fabled
Ancient Greek
messenger Hermes
(and his Ancient
Roman counterpart
Mercury) to fly at
great speed. This
represents speed,
elevation, and
aspiration.
Speed: because change is
the one constant in today’s
market. Our ability to change
has also become the single
most decisive constant if we are
to navigate through and
leapfrog our peers in
developing market advantages.
Elevation: of focus and
intent, because we need to work
with imagination, insight and
boldness if we are to define and
give shape to ideas and
strategies that deliver
endurance and success.
Aspiration: from our
formidable presence in oil palm,
we now take flight and reach to
new customers and partners,
tracing an exciting skyline
towards the future.
What our logo means:
www.goodhopeholdings.com
Singapore
No. 1, Kim Seng Promenade,
#08-11/12 Great World City,
West Tower,
Singapore 237994
Tel: + 65 66900120
Fax: + 65 6900122
Email: reachus@goodhope-sg.com
Malaysia
Premium Oils and Fats Sdn Bhd
Suite 6.08, Level 6,
Wisma UOA Damansara II, 6 Changkat
Semantan, Damansara Heights,
50490 Kuala Lumpur, Malaysia
Tel: + 60 3 20826200
Fax: + 60 3 20935660
Email: premiumenquiry@goodhope-my.com
Indonesia
PT Agro Harapan Lestari
Menara Global Building,
16th Floor, Unit C - D
JI, Jend. Gatot Subroto Kav. 27
Jakarta Selatan, 12950, Indonesia
Tel: + 62 21 52892260 - 61 - 62
Fax: + 62 21 52892259
Email: reachus@goodhope-id.com
Sri Lanka
Agro Harapan Lestari (Pvt) Ltd
Level 20, East Tower,
World Trade Centre, Echelon Square,
Colombo 01, Sri Lanka
Tel: + 94 11 4357777
Fax: + 94 11 4357788
Email: reachus@goodhope-lk.com
India
Arani Agro Oil Industries Pvt Ltd
Unit Nos. 306 & 307, 3rd Floor,
Ashoka Capitol, Road No. 2,
Banjara Hills, Hyderabad 500 034,
Telangana, India
Tel: + 91 40 23549907 - 08
Fax: + 91 40 23549906
Email: reachus@goodhope-in.com
ConceptandDesign-naadi
OriginallyProdduced-November2011|LastUpdated-July2014

Goodhope Asia Holdings Company Profile

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