Johor Plantations Group Berhad Strengthens Strategic Position in Renewable Energy Through Consolidation of JPG Greenergy Ventures
Released on: Tuesday, 23 Dec 2025 4:49PM
Aerial view of the Biomethane plant at Sedenak
JOHOR BAHRU, Dec 23 (Bernama) -- Johor Plantations Group Berhad (JPG) has strengthened its strategic position in renewable energy through the consolidation of JPG Greenergy Ventures Sdn Bhd (JPGGV) as a wholly owned subsidiary, reinforcing the Group’s Greenergy growth pillar.
The consolidation follows JPG’s execution of a share sale agreement to acquire the remaining 45% equity interest in JPGGV from MTC Orec Sdn Bhd.
Established in 2019, JPGGV serves as the Group’s primary platform for renewable energy initiatives, including biomethane production, biogas upgrading and the conversion of palm oil by-products into low-carbon energy solutions. Full ownership provides JPG with clearer strategic direction and greater operational control over the development and scaling of its bioenergy portfolio.
The consolidation enables JPG to streamline execution, optimise capital allocation and integrate renewable energy more effectively into its core plantation operations. It also strengthens the Group’s alignment with Malaysia’s energy transition and national net-zero ambitions, while supporting long-term value creation through lower carbon intensity and diversified revenue streams.
JPG will continue to evaluate opportunities to expand its renewable energy and bioenergy capabilities in line with its long-term sustainability and growth strategy.
About Johor Plantations Group Berhad
Established in 1978, Johor Plantations Group Berhad (JPG) is a public limited company with ultimate shareholding by Johor Corporation (JCorp). JPG is principally involved in the cultivation of oil palm and the production of crude palm oil (CPO) and palm kernels. Its core operations focus on owning, managing, and harvesting fresh fruit bunches (FFB) from estates located primarily in the state of Johor. JPG’s subsidiaries support its upstream activities through the production of biomethane, sales of oil palm seedlings, trading of palm oil products, and the supply of agricultural machinery, plantation-related products, training, and safety services. JPG was listed on the Main Market of Bursa Malaysia Securities Berhad on 9 July 2024. All of JPG’s plantations are 100% certified under the Roundtable on Sustainable Palm Oil (RSPO) and the Malaysian Sustainable Palm Oil (MSPO) standards. The company is also developing Integrated Sustainable Palm Oil Complex (iSPOC), a centralised processing and logistics hub to improve operational efficiency, traceability, and future downstream readiness. JPG has outlined a ten-year strategic roadmap focused on optimising upstream performance, expanding third-party crop sourcing, and supporting long-term sustainable growth.
For more information, please visit www.johorplantations.com
SOURCE: Johor Plantations Group Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Dalilah Ibrahim
Head, Corporate Communication
Tel: 012-328 1727
Email: dalilah@johorplantations.com
Name: Hamidah Ghazali
Senior Executive, Corporate Communication
Tel: 017-770 6096
Email: hamida@johorplantations.com
--BERNAMA
The consolidation follows JPG’s execution of a share sale agreement to acquire the remaining 45% equity interest in JPGGV from MTC Orec Sdn Bhd.
Established in 2019, JPGGV serves as the Group’s primary platform for renewable energy initiatives, including biomethane production, biogas upgrading and the conversion of palm oil by-products into low-carbon energy solutions. Full ownership provides JPG with clearer strategic direction and greater operational control over the development and scaling of its bioenergy portfolio.
The consolidation enables JPG to streamline execution, optimise capital allocation and integrate renewable energy more effectively into its core plantation operations. It also strengthens the Group’s alignment with Malaysia’s energy transition and national net-zero ambitions, while supporting long-term value creation through lower carbon intensity and diversified revenue streams.
JPG will continue to evaluate opportunities to expand its renewable energy and bioenergy capabilities in line with its long-term sustainability and growth strategy.
About Johor Plantations Group Berhad
Established in 1978, Johor Plantations Group Berhad (JPG) is a public limited company with ultimate shareholding by Johor Corporation (JCorp). JPG is principally involved in the cultivation of oil palm and the production of crude palm oil (CPO) and palm kernels. Its core operations focus on owning, managing, and harvesting fresh fruit bunches (FFB) from estates located primarily in the state of Johor. JPG’s subsidiaries support its upstream activities through the production of biomethane, sales of oil palm seedlings, trading of palm oil products, and the supply of agricultural machinery, plantation-related products, training, and safety services. JPG was listed on the Main Market of Bursa Malaysia Securities Berhad on 9 July 2024. All of JPG’s plantations are 100% certified under the Roundtable on Sustainable Palm Oil (RSPO) and the Malaysian Sustainable Palm Oil (MSPO) standards. The company is also developing Integrated Sustainable Palm Oil Complex (iSPOC), a centralised processing and logistics hub to improve operational efficiency, traceability, and future downstream readiness. JPG has outlined a ten-year strategic roadmap focused on optimising upstream performance, expanding third-party crop sourcing, and supporting long-term sustainable growth.
For more information, please visit www.johorplantations.com
SOURCE: Johor Plantations Group Berhad
FOR MORE INFORMATION, PLEASE CONTACT:
Name: Dalilah Ibrahim
Head, Corporate Communication
Tel: 012-328 1727
Email: dalilah@johorplantations.com
Name: Hamidah Ghazali
Senior Executive, Corporate Communication
Tel: 017-770 6096
Email: hamida@johorplantations.com
--BERNAMA