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M.P. Evans Group PLC Snapshot
M.P. Evans Group owns long-term leases on and operates oil palm and rubber plantations in Indonesia. (Palm oil is used as a cooking oil, and in making margarines, shortenings, soap, cosmetics, lubricants, and bio-diesel.) The group has smaller plantation operations in Malaysia, as well as beef-cattle farming operations in Australia. M.P. Evans has been selling off its plantation investments in Malaysia in recent years while expanding its plantation operations in Indonesia and its beef-cattle operations Australia through acquisitions. Alcatel Bell Pensioenfonds owns about 10% of the company.
