About First Resources
First Resources is a publicly listed company based in Singapore (Singapore) founded in 1992, and was acquired by Brown & Brown Insurance in July 2020. Vertically integrated palm oil plantations and processing are operated. First Resources has completed 1 acquisition, including ANJ. Its chief executive, as recorded, is Ciliandra Fangiono. Its website first-resources.com draws about 21 thousand monthly visits. First Resources offers products and services including Crude Palm Oil and Refined Palm Oil Products. Its focus areas include Food and Agriculture, Crop Farming, Oil Crops and Palm Oil. Its legal entity is First Resources Limited.
Company details
First Resources was founded in 1992 in Singapore and operates in the palm oil agribusiness sector. Over 200,000 hectares of palm plantations are managed, with harvesting and processing conducted to yield crude palm oil and palm kernel. Downstream facilities produce biodiesel, refined bleached and deodorized olein and stearin, palm kernel oil, and palm kernel expeller. Products are supplied to institutional buyers worldwide.
- Headquarters Singapore, Singapore
- Stage Acquired
- SectorsAgriculture
- Phoneβ’β’β’β’ β’β’β’β’
- Website first-resources.com
- Social LinkedIn
- Acquired by Brown & Brown Insurance (Jul 2020)
- Legal Name First Resources Ltd. (Singapore)
- Annual Revenue$1.69 B (USD)56.34as on Dec 31, 2025
- Net Profit$359.73 M (USD)40.78as on Dec 31, 2025
- EBITDA$631.06 M (USD)51.03as on Dec 31, 2025
- Investors
- Investments & Acquisitions
- Acquired byBrown & Brown Insurance
(Jul 2020)
Products & Services of First Resources
First Resources offers a comprehensive portfolio of products and services, including Crude Palm Oil and Refined Palm Oil Products.
Raw palm oil extracted from fruits for industrial use.
Processed palm oil derivatives for food and manufacturing sectors.
Investors in First Resources
First Resources has secured backing from 1 investor. Prominent investors backing the company include Brown & Brown.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Insurance and risk management solutions are provided by Brown & Brown. | bbinsurance.com |
Investor details for First Resources
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People of First Resources
33 people are tracked at First Resources (6 in leadership, 6 in board & advisors, 21 in team).
| Name | Role | Group |
|---|---|---|
Ciliandra Fangiono | CEO & Director | Leadership |
Stanley Syamtori | Head Of Downstream | Leadership |
Bernard Lim | General Manager | Leadership |
Edward Silalahi | Projects Director Oleochemical Plant | Leadership |
Isen Henry Tjong | Vice President Human Resources | Leadership |
Marselus Haryono | HR Industrial Relation & Business Partner Manager | Leadership |
Fang Zhixiang | Executive Director & Deputy CEO | Board & advisors |
Ong Beng Kee | Independent Director | Board & advisors |
Chang See Hiang | Chairman & Independent Director | Board & advisors |
Peter Ho Kok Wai | Independent Director | Board & advisors |
Tan Seow Kheng | Non-Executive Non-Independent Director | Board & advisors |
Wong Su Yen | Independent Director | Board & advisors |
Stephanie Leong See Khei | Assistant Manager, Treasury & Risk Management | Team |
Nofri Eka Candra | Asisten Kepala KCP & Biogas Engine | Team |
Antonius Handoko | SOP & Risk Management Senior Manager | Team |
Yogie Hizkia Simbolon | Staff Learning & Development | Team |
Teddy Alfonso Sinaga | Kepala Tata Usaha | Team |
Muhammad Haji Farhan | Field Assistant | Team |
Suharto Sitompul | HR Manager Generalist | Team |
Daniel Sembiring Sinulaki | Recruitment Assistant Training | Team |
13 more people are available in the full profile.
Complete people profiles for First Resources
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IPO & Listings of First Resources
First Resources is a publicly listed company on the SGX with ticker symbol EB5 in Singapore, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Dec 2007
- Listed on SGX: EB5
- Listed entityFirst Resources Ltd. (Singapore)
- Exchange sectorProcess industries
- ISINSG1W35938974
- Share price4.22 SGD (+0.72% on the day) · 2026-10-14
- Market capitalisation6,557,304,057.00 SGD
- Price to earnings11.6
- EPS (diluted, trailing year)0.36 SGD
- Dividend yield4.34%
- Volume (last session)988,200
Financials of First Resources
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 2.17B SGD | 462.4M SGD | 811.2M SGD |
| 2024 | 1.39B SGD | 328.5M SGD | 537.1M SGD |
| 2023 | 1.32B SGD | 195.3M SGD | 403.4M SGD |
| 2022 | 1.69B SGD | 448.4M SGD | 707.1M SGD |
| 2021 | 1.39B SGD | 216.5M SGD | 408.6M SGD |
Detailed financial statements for First Resources
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Investments & Acquisitions by First Resources
First Resources has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ANJ.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Produces and supplies crude palm oil and other food crops | anj-group.com | Jakarta, Indonesia | 1993 | Mar 2025 | $329M |
Complete acquisition details for First Resources
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Timeline of First Resources
4 dated milestones of First Resources across 33 years, from founding to its latest funding, stage changes and deals.
- Founded First Resources is founded.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Brown & Brown Insurance.
- Acquisition Acquires ANJ.
Web traffic of First Resources
The website of First Resources (first-resources.com) receives about 21.2K visits a month.
- Monthly visits21.2K
▲ 221.3% vs previous month
Websites whose visitors overlap most with First Resources. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
corporateknights.com | corporateknights.com | 100% | #844,659 | β | |
bapepam.go.id | bapepam.go.id | 61% | β | ||
sg.yahoo.com | sg.yahoo.com | 61% | β | ||
dividends.sg | dividends.sg | 60% | #229,834 | β |
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Related news about First Resources
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Frequently Asked Questions about First Resources
First Resources was founded in 1992.
First Resources is headquartered in Singapore, Singapore.
Ciliandra Fangiono is the CEO of First Resources, as recorded in our data.
Annual revenue of First Resources is $1.69B as on Dec 31, 2025.
First Resources was founded in 1992 in Singapore and operates in the palm oil agribusiness sector. Over 200,000 hectares of palm plantations are managed, with harvesting and processing conducted to yield crude palm oil and palm kernel. Downstream facilities produce biodiesel, refined bleached and deodorized olein and stearin, palm kernel oil, and palm kernel expeller. Products are supplied to institutional buyers worldwide.
First Resources offers Crude Palm Oil and Refined Palm Oil Products.
Yes, First Resources is publicly traded on SGX under the ticker symbol EB5.
First Resources has made 1 acquisition, including ANJ.
First Resources has 1 investor. Key investors include Brown & Brown.
First Resources operates through First Resources Limited.
Yes. First Resources was acquired by Brown & Brown Insurance in July 2020.

