29 September 2026

Powering Tomorrow with Solar Energy – A Collaboration with Gamuda

SD Guthrie’s partnership with Gamuda Berhad to develop, own and operate up to 1.2 GW of solar power assets has taken a significant step forward with the signing of a Bilateral Energy Supply Contract ("BESC") term sheet between G3nerasi Kinta Sdn Bhd and a United States-based multinational technology company (“Offtaker”) for a proposed 680 MW renewable energy project in Perak, Malaysia.

G3nerasi Kinta Sdn Bhd is a joint venture company between Guthrie’s wholly owned subsidiary, SD Guthrie Renewable Energy Sdn Bhd, with Gamuda Energy Sdn Bhd and Gentari Renewables Sdn Bhd.

The BESC project is expected to achieve commercial operations in 2029 and will supply renewable power to the Offtaker’s data centre under Malaysia’s Corporate Renewable Energy Supply Scheme (CRESS).

The combination of Guthrie’s ownership of vast and strategically located land banks across Malaysia with Gamuda’s proven regional track record in engineering and delivering complex green infrastructure, presents a unique capacity for the joint venture to cater to the demand for scalable renewable energy solutions.

This latest development is a significant milestone in Guthrie’s strategy to unlock greater value from its land assets through strategic partnerships in building industrial hubs and renewable energy facilities, focusing on solar.  The strategy reflects Guthrie’s aspiration to grow its business beyond its core plantation operations and palm oil production, to further diversify earnings and create long-term value for its shareholders. By putting suitable land to productive and sustainable use, Guthrie aims to contribute to the reduction of carbon emissions and a more sustainable energy future for Malaysia.

 

22 September 2026

Eco Business Park 7 sells 221.665 acres to Tera Data Centres for RM1.013 billion

Petaling Jaya, 22 September 2026 – Eco Business Park 7 Sdn Bhd has entered into a conditional sale and purchase agreement (“SPA”) today to sell two parcels of industrial lands in Negeri Sembilan to Tera Data Centers (Malaysia) Sdn. Bhd. (“TERA”) for approximately RM1.013 billion. The lands, measuring a combined acreage of 221.665 acres, are located within Eco Business Park 7 (“EBP 7”) in Mukim Jimah, Port Dickson, Negeri Sembilan.

EBP 7 is developed through a public-private partnership between Eco World Development Group Berhad (“EcoWorld”), SD Guthrie Berhad (“SD Guthrie”), and NS Corporation (“NS Corp”), the state agency responsible for coordinating and driving the Malaysia Vision Valley 2.0 (MVV 2.0) masterplan. This collaboration brings together EcoWorld’s expertise in industrial park development, SD Guthrie’s extensive land resources, and NS Corp’s strategic planning vision for Negeri Sembilan.

TERA is an established data center platform developer building AI-ready, mission-critical campuses across Asia and select global markets. Engineered for hyperscale and high-density AI workloads, the purchaser delivers the scale, speed, and reliability that cloud and next-generation compute demand. The purchaser is part of a Singapore-headquartered digital infrastructure platform with operations in Malaysia, Thailand and Indonesia, focused on developing and operating large-scale digital infrastructure for hyperscale customers. The platform is backed by institutional investors and led by a management team with extensive experience in large-scale digital infrastructure.

Commenting on the deal Dato’ Ho Kwee Hong, the Chief Development Officer for EBP 7 said, “EBP 7 is the first industrial development launched within Parcel C of MVV 2.0 to serve as a catalyst for new investment and technological advancement, fostering collaboration among industries, investors and local communities.

Since the project’s launch in November 2025, we have sold more than RM800 million industrial lots and ready-built factories within the 1st phase. This includes ‘SME Core’, an anchor feature to foster and support the growth of local SMEs as well as larger Malaysian industrialists, thus contributing towards the creation of meaningful skilled employment for the state.”

The substantial investment by TERA further reinforces EBP 7’s vision of creating a high-value, future-ready industrial ecosystem that is well-positioned to attract not only domestic investments but also significant inflows of quality foreign direct investment (FDI). As a renowned leader in the digital economy, TERA’s commitment represents a strong vote of confidence in Negeri Sembilan’s competitiveness as a preferred destination for high-tech and high-value investments. This milestone underscores the state’s growing appeal as an investment hub and supports MVV 2.0’s ambition to drive high-impact, sustainable, and inclusive regional growth for the long term.

To download PDFs: 
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27 October 2026

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20 October 2026

Guthrie Rejects Allegations of Active Fires at its Indonesian Estates

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14 October 2026

SD Guthrie Renewable Energy Project Recognised at ASEAN Energy Awards 2026

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The Edge ESG Awards 2026

SD Guthrie received the Best Performing Company by Sector (Plantation) award at the The Edge Malaysia ESG Awards 2026, in recognition of its strong sustainability performance and continued progress under its Beyond Zero framework. 

The company achieved 98.8% Traceability to Mill, 97.1% Traceability to Plantation, with 89% of palm-based raw materials sourced from deforestation-free origins, while advancing renewable energy adoption and responsible sourcing initiatives.

The award recognises Malaysia’s leading listed companies for excellence in environmental, social and governance (ESG) performance, based on the globally recognised FTSE4Good ESG ratings methodology.

Bursa IR Award

SD Guthrie was named Best Large-cap Company in Investor Relations (Plantation) at the Bursa Malaysia IR Awards 2026. The awards recognise companies and IR teams for excellence in engaging with the market and winners were determined through votes from analysts and institutional fund managers, making this recognition especially meaningful to us.

For Guthrie, effective investor relations mean creating a clear line of sight between our strategy, performance and long-term ambitions, while fostering open dialogue with the investment community.
 

Anugerah Khas Menteri Belia dan Sukan 2026

SD Guthrie was awarded the Anugerah Khas Menteri Belia dan Sukan 2026, the highest recognition by the Ministry of Youth and Sports. The award was presented by the Minister of Youth and Sports on 12 September 2026 at PICC, Putrajaya.

The recognition reflects the positive impact of our TVET recruitment, skills development and industry collaboration in building a sustainable local talent pipeline for Upstream Malaysia operations under Project Lokal initiatives, and reinforces our position as a committed industry partner in developing skilled Malaysian talent.

NEA Awards 2026

SD Guthrie Renewable Energy Sdn Bhd (SDGRE), the renewable energy arm of SD Guthrie Berhad (SD Guthrie), was the winner of the Renewable Energy Off-Grid – Thermal Category at the National Energy Award (NEA) 2026, held on 11 August 2026 at the Grand Hyatt Kuala Lumpur.

The award recognises SDGRE's Lavang Biogas Co-Firing Plant (LBCP), located at the Lavang Oil Mill in Bintulu, Sarawak. The facility is SD Guthrie's first biogas co-firing project and represents a significant milestone in the Group's renewable energy and decarbonisation journey.

With a rated capacity of 1,000 Nm³ per hour, the LBCP captures and utilises biogas generated from Palm Oil Mill Effluent (POME) as renewable thermal energy for boiler fuel operations. In FY2025, the plant utilised approximately 3.80 million Nm³ of biogas, achieved 97% plant availability, displaced palm kernel shell (PKS) consumption equivalent to approximately 3% of total Fresh Fruit Bunches (FFB) processed, and delivered an estimated 44,480 tonnes of carbon dioxide equivalent (tCO₂e) emissions reduction.

11 August 2026

SD Guthrie Monetises Kulai Landbank in RM418.5 million Sale to Sime Darby Property

  • The transaction involves two parcels of land within Guthrie’s Kulai Estate, strategically located in the Johor-Singapore Special Economic Zone (JS-SEZ) 

     

Petaling Jaya, 11 August 2026 – SD Guthrie Berhad (Guthrie) has entered into a conditional Sale and Purchase Agreement with Sime Darby Property (Kulai) Sdn Bhd, a wholly-owned subsidiary of Sime Darby Property Berhad, to sell approximately 556.96 acres of freehold land in Kulai Estate, Johor Darul Ta’zim, for a total cash consideration of approximately RM418.5 million.

The transaction involves two parcels of land located strategically in the Johor-Singapore Special Economic Zone (JS-SEZ), which are zoned for residential development. Currently cultivated with mature oil palms, the land has strong development potential given its proximity to key infrastructure and growing economic activity in Johor.

The sale enables Guthrie to realise the value of a strategic asset while supporting future development in one of the country’s most promising growth corridors.

To download PDFs: 
English
Bahasa Malaysia

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11 August 2026

SD Guthrie’s Net Profit Exceeds RM1.5 billion in 1H FY2026

  • Q2 FY2026 net profit rises 95% year-on-year to RM987 million
  • Industrial Development segment records RM529 million PBIT in Q2 FY2026


Petaling Jaya, 11 August 2026 – SD Guthrie Berhad (Guthrie or the Group) reported a net profit exceeding RM1.5 billion for the six months ended 30 June 2026 (1H FY2026), marking a year-on-year (YoY) increase of 44%. The Group’s robust performance was driven by higher profits from its Downstream segment and continued strong earnings from the Industrial Development segment, demonstrating the resilience of the Group’s diversified business model.

For 2Q FY2026, Guthrie’s net profit rose to RM987 million, almost doubling the RM505 million recorded in the previous corresponding period. The strong performance was underpinned by a significant contribution from the Industrial Development segment which delivered a profit before interest and tax (PBIT) of RM529 million, alongside an improved showing by SD Guthrie International (SDGI), the Group’s Downstream segment, where PBIT rose 8% YoY to RM136 million. This helped to further offset the 5% YoY decline in the PBIT of Upstream segment which was partly cushioned by stronger average realised crude palm oil (CPO) and palm kernel (PK) prices at RM4,283 per MT and RM3,436 per MT respectively.

Key Highlights

 2Q FY20262Q FY2025YoY +/(-)1H FY20261H FY2025YoY +/(-)
 
Revenue (RM mil)4,9435,169(4)%9,6339,986(4%)
 
PBIT (RM mil)1,31380463%2,1201,62231%
 
Net Profit (RM mil)98750595%1,5471,07244%
 
CPO Price Realised (RM/ MT)4,2834,1463%4,2094,339(3)%
 
PK Price Realised (RM/ MT)3,4363,2476%3,2733,292(1)%
    
FFB Production (MT mil)2.292.290%4.204.29(2)%
 
Oil Extraction Rate (OER) (%)21.1821.19(0.01)21.2721.180.09

Chairman, Tan Sri Dr Nik Norzrul Thani Nik Hassan Thani said: 

“Despite challenging economic and geopolitical uncertainties, Guthrie’s strategic and disciplined execution in the first half of the year has resulted in encouraging results. The new leadership’s ability to maintain the growth momentum set from the start of the year will enable Guthrie to deliver the right results and value to our shareholders.”

President & Group Chief Executive Officer, Mohd Haris Mohd Arshad said:  

“Guthrie’s solid first half performance, coupled with the continued strong earnings contribution underscores the progress of the Group’s transformation into a more diversified and future-ready organisation beyond our traditional plantation base. While we expand our Industrial Development and Renewable Energy businesses through strategic partnerships, we are strengthening the Group’s earnings resilience, creating new growth engines and positioning Guthrie for sustainable long-term value creation.” 

OUTLOOK FOR FY2026
In the near to medium term, tightening global supply and resilient demand are expected to drive and elevate CPO prices. Supply-side pressures are likely to intensify with the anticipated emergence of El Niño conditions towards the end of the year, while demand will be underpinned by the implementation of Indonesia's B50 biodiesel mandate and firm crude oil prices amid renewed geopolitical tensions.

Against this backdrop, Guthrie's Upstream segment will maintain its focus on operational excellence and climate risk management to mitigate the impact of adverse weather conditions. The Downstream business remains focused on building a balanced portfolio through customer and market diversification, while leveraging the Group’s scale to drive cost optimisation, strengthen cost competitiveness, and enhance resilience amid a challenging operating environment. The Industrial Development segment is expected to further strengthen its contribution to the Group's earnings, supporting Guthrie’s transformation beyond plantations through greater earnings resilience and diversification. Meanwhile, the Renewable Energy segment will continue to lay the foundation for long-term sustainable growth.

Overall, the Group remains positive on its FY2026 outlook, supported by favourable market dynamics, operational resilience, and strong execution momentum in its Industrial Development segment. At the same time, the Group will continue to navigate market and weather-related uncertainties while maintaining disciplined execution across its businesses.

To download PDFs: 
English
Bahasa Malaysia

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20 October 2026

Guthrie Rejects Allegations of Active Fires at its Indonesian Estates

Read More
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14 October 2026

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09 July 2026

SD Guthrie and WWF-Malaysia boost sustainability push in Sabah

By grounding conservation strategies in science-based data, Guthrie and WWF-Malaysia’s joint initiative aims to foster positive outcomes for both nature and local communities. Tasik Impian pictured here is a key natural landmark that is protected within the Mostyn Estate in Kunak, Sabah.

SD Guthrie Bhd (Guthrie), in collaboration with WWF-Malaysia, is advancing its efforts to establish a comprehensive baseline assessment in Kunak, Sabah, an initiative aimed at strengthening environmental stewardship while deepening its engagement with local communities across its operational landscapes.

This follows the announcement of its collaboration in February on piloting a five-year regenerative agriculture programme for palm oil in Tawau, Sabah, the first such initiative of its kind for the industry. This transformational partnership is part of WWF-Malaysia’s larger initiative to deliver landscape-level biodiversity and climate-positive outcomes in the region.

 

Commenting on the collaboration, SD Guthrie’s chief sustainability officer Rashyid Redza Anwarudin said the initiative reflects the group’s commitment to pursuing sustainability beyond its operational boundaries and fostering positive outcomes for people and nature. 

“Through this collaboration with WWF-Malaysia, we are taking a landscape-level approach to sustainability that extends beyond our operational boundaries. Covering approximately 13,000 hectares across our four RSPO-certified estates and one mill in Sabah, this pilot under WWF’s Reconnect Borneo Initiative reflects our commitment to advancing biodiversity conservation while ensuring responsible palm oil production. 

“By strengthening ecological connectivity through wildlife corridors and grounding our actions in science-based data, we aim to create lasting positive outcomes for nature, climate and the communities that live and work within these landscapes,” he said.

Establishing a data-driven foundation

At the heart of the initiative is a robust, multi-dimensional effort to establish baseline data across key environmental and socioeconomic indicators. This includes:

> Environmental mapping – systematically identifying biodiversity hotspots, forest cover, water resources and carbon stocks to better understand ecological assets and sensitivities.

> Soil health and land resilience assessment – analysing soil composition, fertility, erosion risks and carbon content to support sustainable land management, optimise yields and enhance long-term ecosystem resilience.

> Wildlife and habitat surveys – documenting key species, including endangered and keystone wildlife, as well as mapping their movement corridors to support long-term conservation planning.

> Operational footprint analysis – assessing the impact of plantation and refinery operations on land use, greenhouse gas emissions and surrounding ecosystems.

> Socioeconomic context – improving livelihoods, resilience and equity within the palm oil system across its operational landscapes.

> Regulatory and compliance benchmarking – ensuring alignment with Malaysian and Sabah-specific environmental regulations, RSPO standards and WWF-Malaysia frameworks.

Together, these workstreams provide a holistic view of the landscape, enabling Guthrie to make more informed decisions, prioritise interventions and align its operations with both national and global sustainability expectations.

Communities within regenerative palm oil landscapes

While data and science form the foundation of the initiative, it is the voices of the local communities that are shaping its direction in meaningful ways.

Through ongoing engagement sessions with smallholders and workers living within and around Guthrie’s estates, a consistent theme emerged: communities expressed that they valued Guthrie’s presence, while also seeking stronger collaboration and more meaningful participation in shared benefits.

According to Ong Wen Wai, 40, a smallholder who runs Ladang Sim Yong, Guthrie plays a role that goes beyond business. 

"Ever since I have been doing business here, I know their (Guthrie’s) roads were maintained well for an estate environment,” he said. 

He added that the facilities the company has put in place, from schooling opportunities for staff's children to knowledge-sharing programmes like good plantation practices, have made a tangible difference. 

"The knowledge shared with us helps us operate in a manner that getting certified would be no issue,” he added. 

 

Ong commends the infrastructure and knowledge-sharing provided by SD Guthrie.

 

That sense of stability extends to estate workers as well. Raden, 32, who works at Ladang Sunpia, said the estate's youngest residents, children as young as six months old, up to age 15, benefit directly from company-supported education.

"Guthrie provides them with education opportunities through a nursery, public school and primary education via the Humana Child Aid Society Sabah schools (Humana)," he said, noting that everyday infrastructure has improved quality of life on the estate. 

"Their other facilities, such as the convenience store and water filters, allow us the ease of access to basic necessities and household items, all accessible thanks to their roads as well,” he said, adding that there are complaint channels to report any road-related issues.

 

Raden credits SD Guthrie's facilities and Humana learning centres as vital support to children at Ladang Sunpia, Kunak.

 

Humana schools are learning centres providing basic education to marginalised and stateless children in plantations across Sabah, Borneo.

These accounts feed directly into Guthrie's approach, a strong reminder that sustainability outcomes need to be inclusive and responsive to community needs, not just environmentally sound on paper.

Smallholders have long expressed that Guthrie plays an important role not only as an economic enabler, but also as a key local partner supporting continuity and development across the landscape. At the same time, they have called for greater access to shared facilities, infrastructure and resources that can support their livelihoods and improve overall community well-being.

These insights are helping to inform Guthrie’s approach to sustainability, ensuring that solutions are not only environmentally sound, but also inclusive and responsive to community needs.

A shared journey forward

As the baseline assessments progress, Guthrie remains committed to translating insights into actionable strategies that deliver long-term impact.

The collaboration with WWF-Malaysia underscores the company’s belief that sustainability is not a standalone goal, but a shared journey that requires partnership, trust and a deep understanding of both nature and people.

By combining scientific rigour with community engagement, Guthrie is laying the groundwork for a more resilient and inclusive future for Sabah's plantation landscapes.

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