Our initial valuation came from the global top 10 accounting company Mazars. They reviewed the profit structure for our Agarwood, Mango and Durian plantations in 2022. The report was produced during the second half of 2022, the first one from Thailand incorporating our Agarwood and Mango plantations and a second valuation for our Organic Musang King Durian from our Malaysia plantations where both Thailand and Malaysia offices for Mazars combined to produce the valuation.
Green Bonds
Sustainalytics, part of the Morningstar group, was the company producing the second party opinion on Plantations International. This opinion covered a wide range of details at our company where we had to create our own company framework which would be evaluated by Sustainalytics. Many meetings ensued prior to finally after approximately 8 months Plantations International was granted our Green Bonds Framework which the bonds would be based around.
Our Green Bonds are currently listed in Vienna, Austria with the bonds being administered and registered by Creatrust in Luxembourg.
Tree Audit - BDO Auditors Thailand
For our Green Bonds we were required to count the trees at our Kanchanaburi plantation. BDO Auditors in Thailand sent a team of 10 accountants to count the trees at our plantation. We had to achieve 14,000 trees which duly arrived during the 2nd day of counting.
Due to financial markets regulations we are limited in what we can say about our bonds here. For more information on our bonds please visit www.plisec.com where you will be requested to register at the website.
Alternatively, for more information please contact us here