15 biggest listed palm oil companies in the world, ranked by market value

Found this old article in reuters back in Mar 2008:

COMPANY                 MKT CAP^  PRODUCTION   TOTAL     RSPO

(US$ bln)               LAND      Member
 1  Wilmar (WLIL.SI)         18.7      831,420    573,400  YES
 2  Sime Darby (SIME.KL)     15.2*   2,200,000*   560,000* YES
 3  IOI Corp (IOIB.KL)       12.9      793,452    220,593  YES
 4  Astra Agro (AALI.JK)      5.6      917,885    258,900  NO
 5  KL Kepong (KLKK.KL)       5.0      134,981    360,000  YES
 6  Golden Agri (GAGR.SI)     3.3    1,608,000  1,300,000  YES
 7  Asiatic Dev ASIA.KL     1.7    1,208,140    164,264    YES
 8  London Sumatra (LSIP.JK)  1.6      340,015    121,436  YES
 9  Bakrie S (UNSP.JK)        0.93     159,773     58,065  YES
 10 Boustead (BOUS.KL)        0.85     248,135     89,771  YES
 11 Sampoerna Agro (SGRO.JK)  0.81     240,000     73,000  YES
 12 United   (UTPS.KL)        0.87     192,204     43,325  YES
 13 Kulim Bhd (KULM.KL)       0.76     363,750     88,484  YES
 14 IJM Plantation (IJMP.KL)  0.70     139,313     63,490  YES
 15 Tradewinds (TWSP.KL)      0.61     186,744     126,980 NO

NOTES: Total land includes cultivated and uncultivated

Properties with expiring lease

From Straits Time, 14 May 2011

Banks are more stringent on loans for properties that are less than 60 years lease left. Maybe we can get a low price from these properties since the demand for them will be lesser? To find out, I extracted the PSF from propertyguru for reference.

Project / Location / Years left on lease/ PSF

Peace Centre Mansions / Sophia Road / 58 / $731
One Tree Hill Mansions / One Tree Hill / 61 / $1120
Orchard Court / Oxley Road / 61 / $1219
Lutheran Towers / Tan Kim Cheng Road / 62 / $757
Hillcrest Arcadia / Arcadia Road / 63 / $1066
Hollandswood Court / Holland Park / 63 / $745
Townhouse Apartments / Cavenagh Road / 65 / $916
The Arcadia / Arcadia Road / 67 / $1319
Horizon Tower / Leonie Hill Road / 67 / $1237
Orchard Bel Air / Orchard Boulevard / 68 / $1457
Chancery Court / Dunearn Road / 69 / $998

Finance Minister Tharman says Global Economy is BAD

http://www.youtube.com/watch?v=jA5MIBazp1c

Key points:

- Problems of Household debt

- Problems of Govt debt

• Europe
• US & Japan over-borrowed before crisis. Spent a lot more during crisis. Debt shot thru the roof. Major risk of credit downgrade.

- Problems of Bank debt

• 1/3 of european banks are short of capital in significant amounts
• Significant proportion of global banks need to renew their debts of $3.5T over the next 2 years

- Inflation all over the world. Commodity, oil prices (middle east unrest).

- China becoming very competitive, not just in the low cost arena, but also high value added arena. China wages rises up rapidly, and productivity, skills, knowledge rising up even faster. India, brazil and eastern european countries also catching up. This increases the risk of stagnation in developed economies