First Resources

Singapore, Singapore Founded: 1992 • Age: 34 yrs Listed Acquired By Brown & Brown Insurance
Vertically integrated palm oil plantations and processing are operated.

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
  • Sectors
    Agriculture
  • Phone
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  • Website first-resources.com
  • Social LinkedIn
  • Acquired by Brown & Brown Insurance (Jul 2020)
  • Legal Name First Resources Ltd. (Singapore)
Key Metrics
  • Annual Revenue
    $1.69 B (USD)
    56.34
    as on Dec 31, 2025
  • Net Profit
    $359.73 M (USD)
    40.78
    as on Dec 31, 2025
  • EBITDA
    $631.06 M (USD)
    51.03
    as on Dec 31, 2025
  • Investors
  • Investments & Acquisitions
  • Acquired by

Products & Services of First Resources

First Resources offers a comprehensive portfolio of products and services, including Crude Palm Oil and Refined Palm Oil Products.

Crude Palm Oil
Agricultural Product

Raw palm oil extracted from fruits for industrial use.

Refined Palm Oil Products
Processed Goods

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.

All
InvestorDescriptionFounded YearDomainLocation
Insurance and risk management solutions are provided by Brown & Brown.
bbinsurance.com
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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).

NameRoleGroup
Ciliandra Fangiono
CEO & DirectorLeadership
Stanley Syamtori
Head Of DownstreamLeadership
Bernard Lim
General ManagerLeadership
Edward Silalahi
Projects Director Oleochemical PlantLeadership
Isen Henry Tjong
Vice President Human ResourcesLeadership
Marselus Haryono
HR Industrial Relation & Business Partner ManagerLeadership
Fang Zhixiang
Executive Director & Deputy CEOBoard & advisors
Ong Beng Kee
Independent DirectorBoard & advisors
Chang See Hiang
Chairman & Independent DirectorBoard & advisors
Peter Ho Kok Wai
Independent DirectorBoard & advisors
Tan Seow Kheng
Non-Executive Non-Independent DirectorBoard & advisors
Wong Su Yen
Independent DirectorBoard & advisors
Stephanie Leong See Khei
Assistant Manager, Treasury & Risk ManagementTeam
Nofri Eka Candra
Asisten Kepala KCP & Biogas EngineTeam
Antonius Handoko
SOP & Risk Management Senior ManagerTeam
Yogie Hizkia Simbolon
Staff Learning & DevelopmentTeam
Teddy Alfonso Sinaga
Kepala Tata UsahaTeam
Muhammad Haji Farhan
Field AssistantTeam
Suharto Sitompul
HR Manager GeneralistTeam
Daniel Sembiring Sinulaki
Recruitment Assistant TrainingTeam

13 more people are available in the full profile.

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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

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
20252.17B SGD462.4M SGD811.2M SGD
20241.39B SGD328.5M SGD537.1M SGD
20231.32B SGD195.3M SGD403.4M SGD
20221.69B SGD448.4M SGD707.1M SGD
20211.39B SGD216.5M SGD408.6M SGD
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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Produces and supplies crude palm oil and other food crops
anj-group.comJakarta, Indonesia1993Mar 2025$329M
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  • Exports

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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.

  1. Founded First Resources is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Exit Acquired by Brown & Brown Insurance.
  4. Acquisition Acquires ANJ.

Web traffic of First Resources

The website of First Resources (first-resources.com) receives about 21.2K visits a month.

  • Monthly visits
    21.2K

    ▲ 221.3% vs previous month

Similar websites

Websites whose visitors overlap most with First Resources. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
corporateknights.com
corporateknights.com
100%
#844,659–
bapepam.go.id
bapepam.go.id
61%
–
sg.yahoo.com
sg.yahoo.com
61%
–
dividends.sg
dividends.sg
60%
#229,834–
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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.

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