Borneo Aqua was incorporated on 16 April 2004 in Malaysia as a private limited company and was converted into a public company on 20 May 2004. Borneo Aqua was listed on the MESDAQ Market of Bursa Malaysia Securities Berhad on 5 September 2005.  Borneo Aqua has four wholly-owned subsidiaries, namely Plentiful Harvest Sdn. Bhd., Marine Terrace Sdn. Bhd., Salient Horizon Sdn Bhd and Well Sky Logistics Ltd.

Plentiful Harvest was established with the focus on marine fish breeding and hatchery to support the local marine aquaculture industry and to reduce dependence on foreign imported fish fry and fish. Marine Terrace is principally involved in the rearing of marine fish whilst Salient Horizon and Well Sky Logistics own a live fish carrier each for the transport of the Group’s live adult fish to its customers in Hong Kong, Southern China and other parts of Asia Pacific.

While other aquaculture companies in Malaysia deal only with certain aspects of aquaculture processes, Borneo Aqua Group is an integrated aquaculture Group which involves itself in the entire process of sustainable aquaculture i.e. broodstock management, R&D, breeding, hatching, rearing, productions of live feed, marketing, transportation of live fishes and provision of training and consultancy services related to the industry.

With dedication from the Group's experienced management together with its comprehensive R&D programme, the Group is highly confident that it will be able to contribute positively to Malaysia’s aquaculture industry and to enable it to join the few elite countries at the forefront of marine fish breeding in the Asia Pacific region, particularly the Grouper species.

To-date, the Group has succeeded in producing numerous high value species such as Coral Trout Grouper, Marble Grouper, Humpback Grouper, Coral Rockcod, Barred-Cheek Coral Trout, Tomato Rockcod Grouper, Camouflage Grouper and Giant Grouper for commercial purpose.

The Group has also successfully mass-produced cross-breed grouper species such as Sabah Giant Grouper and Sabah Coral RockCod for commercial purposes, the first in Asia. The Group is currently focusing its R&D activities in breeding other cross-breed species and also conducting research to further improve its fishes' survival and growth rate.

The Group is the first Malaysian group of companies that has established a strong distribution network for the Hong Kong and China markets, the major markets for live marine fishes. The Group has in year 2007 acquired its first live fish carrier (the first in Malaysia) and acquired another carrier in year 2008. The Group also in year 2008, established the largest live fish distribution centre in Hong Kong.

Most of the Borneo Aqua Group’s income is tax-exempted as its main subsidiaries, namely Plentiful Harvest and Marine Terrace have been granted tax incentive under Section 127 of Malaysia Income Tax Act, 1967 whereby the two companies are exempted from tax on statutory income from fish breeding, fish fry hatchery and fish rearing activities for a period of 10 years commencing 1 April 2004.

 

" We Are The Pioneer Of Malaysia's
New Frontier - The Aquaculture Industry "