Ciliandra Perkasa / First Rsources Ltd.
Agro Valuation Division
Industry: PT Ciliandra Perkasa is the principal subsidiary of First Resources Ltd, which is listed on the mainboard of the Singapore Stock Exchange. PT Ciliandra Perkasa's main businesses activities are in cultivating and harvesting oil palms, and processing the fruits into crude palm oil and palm kernel for local and export sales.
Scope of Valuation: Plantation valuation and biological asset valuation for financial statement purposes, to comply with IFRS rules.