 | |
| Company type | Public |
|---|---|
| LSE: AEP | |
| Industry | Food |
| Founded | 1985 |
| Headquarters | London, England |
Key people | Jonathan Law Ngee Song, Chair Kevin Wong,CEO |
| Products | Palm oil Palm kernels |
| Revenue |  £372.3 million (2024)[1] |
| £81.7 million (2024)[1] | |
| £67.6 million (2024)[1] | |
| Website | www |
AEP Plantations plc is a business operating palm oil plantations in Indonesia and Malaysia. It is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.[2]
The company was formed to consolidate a series of palm oil plantations in 1985.[3] These included part of the Tasik Estate in theSouth Labuhanbatu Regency inNorth Sumatra, a province of Indonesia.[4]
In May 1989, Chillington Corporation took a 52.2% shareholding in the company.[5] After the company's previous majority shareholder got into financial difficulties,[6] Genton International acquired a controlling holding in the company in October 1993.[7]
In August 2024, the company invested in a largecompressed natural gas plant at the Tasik Raja Palm Oil Mill in the South Labuhanbatu Regency.[8]
The company changed its name to AEP Plantations in November 2025.[9]
As of November 2024, the company operated 121,655 hectares (300,620 acres) of plantations in Indonesia and 65,881 hectares (162,800 acres) of plantations in Malaysia.[10]
As of September 2025, through Genton International, the estate of Lim Siew Kim owned about 51% of the company.[11][12] Lim Siew Kim (died 2022) was the daughter ofLim Goh Tong (died 2007), who founded theGenting Group.[13]