Principal activities
Cepatwawasan Group Berhad (“CGB”) is principally an investment holding company, whilst its subsidiary companies are principally involved in oil palm cultivation, milling, quarrying and sales of oil palm products. The Group owns and operates 27,458 acres of oil palm plantations in Sandakan and Beaufort, Sabah.
History
CGB was incorporated in Malaysia under the COMPANIES ACT 1965 on 11 January 2001 as a private limited company to facilitate the restructuring exercise of S&P Food Industries (M) Bhd. It was subsequently converted into a public limited company on 9 March 2001 and assumed its present name. CGB was listed on the Second Board of Bursa Malaysia Securities Berhad on 24 October 2001. Subsequently, CGB was successfully transferred to the Main Board from the Second Board of Bursa Malaysia Securities Berhad on 11 December 2006.