The Incorporated Society of Planters is technically a professional body incorporated on 8th October 1919 as a company limited by guarantee and not having a share capital under the Companies Act.
ISP Management (M) Sdn. Bhd. (ISPM) is a wholly own subsidiary of ISP which was incorporated on 30 November 1996. ISPM is the commercial arm of ISP and was incorporated to take up all the profit-driven operating activities from ISP and all activities related to non-members to ISPM.
For a hundred years up to the early eighties, the plantation sector played a vital role in Malaysia’s economy. It created vast employment opportunities in the country and was a major contributor to foreign exchange earnings. Malaysia became the world leader in plantation agriculture.
With the strong economic growth in recent years, there has been a shift in the plantation industry from the previous concern of creating employment opportunities towards upgrading skills for productivity to maintain Malaysia’s competitiveness. For Malaysia to retain its position in the forefront of plantation agriculture, it must take a lead in technical innovations, such as mechanisation of estate operations, and through increased value added in the downstream utilisation of the country’s primary products.
The Incorporated Society of Planters (ISP) with a proven team at its helm will continue to tap the innovative and technical skills of its members to maintain the growth of the Society and Malaysia’s unrivalled record of excellence in plantation agriculture, in the new millennium.