1870s
Timeline Image

Founded by Matthew Pennefather Evans

 

Matthew Pennefather Evans founding partner of business acting for tea and rubber companies, later acting as brokers for tea and rubber.

Early 1900s
Timeline Image

Partnership formed

 

Partnership helps pioneers raise capital on London market for new plantations and acts as company secretary and UK selling agent in their absence overseas.

1950s
Timeline Image

Acquisitions

 

Partnership begins acquiring ownership stakes in the companies for which it acted.

1970s
Timeline Image

A change in business

 

Exit from Sri Lankan tea: shift from rubber to oil palm in SE Asia as the superior financial rewards of planting oil palm became clear.

1980s
Timeline Image

Australian agriculture

 

Expansion into Australian agriculture to create geographical and commodity diversity within the Group; first sheep, wool and grains, then irrigated cotton and finally grains and beef cattle.

1990s
Timeline Image

Malaysian property development

 

Start of Malaysian property development after the main part of the Group’s old Bertam Estate was sold into a joint venture with two Malaysian partners.

2005
Timeline Image

Strategic initiative launched

 

Group structure rationalised into single company; seminal strategic initiative to exit Malaysia by selling its small valuable estates for property development, using the proceeds to fund a major expansion of its plantation areas in Indonesia.

2016-17
Timeline Image

One country; one commodity

 

Disposal of investments in Australian beef cattle and share of oil-palm joint venture to move the Group towards its strategic objective of having operations in one country, in one commodity, in operations that it controls.