Mr. Henry Ho, who attended the STAC's
aquafarming course in 1998, started a grouper farming project at his
home town - Sandakan Sabah. He has multi - species of Tiger Grouper,
Giant Grouper, Spotted Grouper, Mouse Grouper, Sea-bass and Red Snapper.
His first harvest of 20 tans grouper was sold to Hong Kong Live Fish
Trader who transported the groupers back to Hong Kong with a live-fish
vessel. |
Plentiful Harvest Sdn. Bhd was incorporated three years
ago with the objectives of breeding fish fries and fish rearing at Mile
7 as its hatchery centre and Pulau Berhala as fish rearing centre.
Recently, Plentiful Harvest Sdn. Bhd a wholly owned subsidiary of Borneo
Aqua Harvest Berhad. The hatchery centre which was previously used for
prawn’s aquaculture which had already been abandoned by prawn’s culture
farmers. Within these few years, the company has achieved numerous
break-through through its extensive Research and Development by
acquiring the knowledge to analysis the behavior of the fish and the
mastered the process of the artificial spawning technique applied to
Marble Grouper, Red Snaper and as well as Coral Trout. Marble Grouper
and Coral Trout are high commercial fishes for Hong Kong market and
their market is global.
The success of the company in breeding and rearing of
fishes which has attracted a lot of investors from other countries such
as Australia, Japan, Korea etc came to visit the hatchery centre at mile
7 and rearing centre at Pulau Berhala. Recently, a team of investors
leaded by David Whyte from NUTRECO, Australia an international company
supplying nutrition feed to fishes and culturing of salmon fish in
various countries came to visit Borneo Aqua Harvest’s hatchery and
rearing centre. During his visits, David Coral Trout Grouper fry. He
further said that he has visited many fish rearing farming in Asia like
Vietnam, Thailand, Indonesia & Philippine, Sandakan, Sabah is the most
suitable place for hatchery of fish fry and rearing of fish in view of
its environment, climate, temperature, geographical locality,
competitive advantages and least risks area among the many other
countries he had visited. He also noted that Borneo Aqua Harvest is
feeding the fish fry with artificial nutrition feed in which the company
will produce good quality of fish fry for the market.
Datuk Lo, CEO of Borneo Aqua
Harvest, said “The company has more than 20 species of brood stocks at
its rearing centre and some of these stocks are near production stages
other than Marble Grouper, Coral Trout, Red Snapper. Our company has a
mass production of fish fry of Marble Grouper, Coral Trout and Red
Snapper and it will have more production of other spices in the near
future. Currently, the price of Marble Grouper fries sold at RM3.50 per
tail and RM8.00 to RM10.00 per tail for Coral Trout fry. Our cultured
Marble Grouper and Coral Trout are sold to Hong Kong market at a stable
price of RM40.00 to RM45.00 and dRM80.00 to RM120.00 per kg
respectively. The profits margin is high. Further to that, the Federal
Government is promoting and encouraging investors to invest in this type
of business by granting Tax Incentives for a period up to ten (10) years
commencing from the year in which company has made a profit. |