PLS Plantations and Agrofresh to develop Malaysia’s largest banana plantation

PLS Plantations Bhd, a front-runner in the Malaysia agro-food industry, has through its wholly-owned subsidiary Brighthill Synergy Sdn Bhd entered into a strategic partnership with Agrofresh Management Sdn Bhd to develop Malaysia’s largest banana plantation.
Agrofresh is a wholly-owned subsidiary of Agrofresh International Sdn Bhd, a seasoned player extensively involved in the full value chain of the agriculture-based industry.

It specialises in Cavendish bananas, boasting a rich portfolio of activities encompassing R&D (research and development), seedlings, plantation, packaging, trading, and exporting to China, Europe and Middle-East countries.

This joint venture establishes a new company named PLS Agrofresh Sdn Bhd where PLS Plantations holds a 60% stake which is the balance held by Agrofresh to pioneer the development, operation, maintenance and harvesting of an initial 500-acre banana plantation.

This collaboration is a testament to Agrofresh’s expertise in banana plantation and PLS Plantation’s vision of agricultural growth. From the initial 500 acres of planting, the partnership aims to scale up to 2,500 acres of banana plantations in the subsequent phases over a three-year period.