GOLDEN AGRI INTERNATIONAL
Golden Agri International is a Singapore subsidiary of Golden Agri-Resources (GAR), an integrated palm-based agribusiness that is also part of Sinar Mas Group.
GAR has been listed on SGX since 1999. As of June 2025, it had about 534,000 hectares of planted area, including plantations held by smallholders, and produces a range of palm-based products.
In response to SGX queries on Oct 16 about forest and peatland fires in Indonesia and the resulting haze, GAR said it was not aware of information indicating that its operations had caused or contributed to the haze, based on its assessment at the time.
It also said it maintained a zero-burning policy and a no-peat policy.
BUMITAMA AGRI
Bumitama Agri is an SGX-listed oil palm plantation company with operations in Central and West Kalimantan, as well as Riau in Indonesia.
Founded in 1996 by Indonesian conglomerate Harita Group, it operates under a separate corporate structure and has been listed on SGX since 2012.
In an Oct 16 clarification, Bumitama reaffirmed its strict zero-burning policy but said unusually severe fire conditions had affected parts of Kalimantan during the 2026 dry season.
It attributed the heightened fire risk to prolonged drought and exceptionally dry conditions associated with a strong El Niño event, which had made vegetation and peatlands more combustible.
The company said fires originating on surrounding land could spread rapidly under such conditions.
“Based on field observations and the information currently available, a number of incidents appear to have developed outside the Group’s directly managed areas before spreading across surrounding landscapes,” the company said.
It added that it had mobilised resources to contain and suppress the fires.
FIRST RESOURCES
First Resources is another SGX-listed palm oil producer, established in 1992 and listed since 2007.
It manages more than 200,000 hectares of oil palm plantations across Riau, East Kalimantan and West Kalimantan in Indonesia.
Its business spans oil palm cultivation and milling as well as processing of palm oil into products including biodiesel and refined oils.
On Oct 20, First Resources issued a statement acknowledging the Singapore government’s intention to pursue legal and regulatory measures against companies linked to the haze.
It reaffirmed its commitment to a zero-burning policy and said it would cooperate with the relevant authorities.
INDOFOOD AGRI RESOURCES
Indofood Agri Resources is an SGX-listed agribusiness company whose parent is Indonesian food company Indofood Sukses Makmur.
The latter also owns Indofood CBP, the maker of Indomie instant noodles.
Indofood Agri operates an integrated palm oil business spanning seed breeding, cultivation and milling, as well as the refining and marketing of products such as cooking oil, margarine and shortening.
In response to earlier SGX queries, the company said its Indonesian operations continuously monitored hotspots within and around its plantation areas to enable prompt action.