Throughout our website and reports, you will come across industry-specific terms that are defined below. Should there be any other terms not listed below, or if you require further clarification on the terms used in our website, please contact us.
AC | Audit Committee |
AGM | Annual General Meeting |
ARMC | Audit & Risk Management Committee |
BOD | Biological Oxygen Demand |
Bursa Depository | Bursa Malaysia Depository Sdn. Bhd. |
Bursa Malaysia | Bursa Malaysia Securities Berhad |
CEMS | Continuous Emissions Monitoring Systems |
CHRA | Chemical Health Risk Assessment |
DOE | Department of Environment |
DOSH | Department of Occupational Safety and Health |
EES | Economic, Environmental and Social |
EFB | Empty Fruit Bunch(es) |
EIA | Environmental Impact Assessment |
EPS | Earning Per Share |
ERP | Emergency Response Plan |
ESP | Electrostatic Precipitator |
ESOS | Employees’ Share Option Scheme |
FFB | Fresh Fruit Bunch(es) |
FY2021 | Financial Year Ended 31 December 2021 |
GAP | Good Agricultural Practices |
GHG | Greenhouse Gas |
GIS | Geographic Information System |
GLCs | Government-Linked Companies |
HA | Hospital Assistant |
Ha/ha | Hectares |
HCS | High Carbon Stock |
HCV | High Conservation Value |
HIRARC | Hazard Identification, Risk Assessment, Risk Control |
IAD | Internal Audit Department |
IC | Investment Committee |
INFERS | Integrated Fertilisers Recommendation System |
IT | Information Technology |
JAS | Jabatan Alam Sekitar |
KER | Kernel Extraction Rate |
KPIs | Key Performance Indicators |
LCC | Legumes Cover Crop |
Listing Requirements | Main Market of Listing Requirements of Bursa Malaysia |
MAPA | Malayan Agricultural Producers Association |
MASB | Malaysian Accounting Standard Board |
MIA | Malaysian Institute of Accountants |
MPOB | Malaysian Palm Oil Board |
MSPO | Malaysian Sustainable Palm Oil |
MSPO SCCS | Malaysian Sustainable Palm Oil Supply Chain Certification Standard |
MT | Metric Tonnes |
NCR | Native Customary Rights |
NDPE | No Deforestation, No Peat and No Exploitation |
OER | Oil Extraction Rate |
OSH | Occupational Safety & Health |
OSHA | Occupational Safety & Health Administration |
PAT | Profit After Tax |
PBT | Profit Before Tax |
PIP | Performance Improvement Programme |
PK | Palm Kernel |
POME | Palm Oil Mill Effluent |
PPE | Personal Protective Equipment |
Q1/Q2/Q3/Q4 | Financial Quarter |
RECAL | Recognition of Employees’ Children’s Achievement in Learning |
RMF | Risk Management Framework |
RPG | Recommended Practice Guide |
RMP | Risk Management Policy |
ROD | Record of Depositors |
ROE | Return on Equity |
R&D | Research and Development |
SDGs | United Nation Sustainable Development Goals |
SOP/SOPs | Standard Operating Procedures |
SPA | Sale Purchase Agreement |
SPV | Special Purpose Vehicle |
SSM | Suruhanjaya Syarikat Malaysia |
TH | Lembaga Tabung Haji |
THP or the Company | TH Plantations Berhad |
THP Group or the Group | TH Plantations Berhad and Subsidiaries |
THPAM | THP Agro Management Sdn. Bhd. |
The Board | The Board of Directors of THP |
The Code | Malaysian Code on Corporate Governance |
UAV | Unmanned Aerial Vehicle |
USECHH | Use and Standard of Exposure Chemical Hazardous to Health |
VDI | Vendor Development Initiative |
Yield | Vendor Development Initiative FFB Production per Hectare |