WTK need few introduction.
If you talk timber in Sarawak and Sabah, you will talk bout Lingui and WTK respectively.
WTK is a large conglomerate in Sabah dealing with :
1) Timber
2) Oil Palm
3) Wood Plantation
3) Glue, Adhesive, Resin
4) Ply-wood
5) Consumer Product.
Currently, WTK is facing headwind with succession issue after the demise of its founder and WTK ownership is still under the jurisdiction of the court.
On the bright side, WTK have NTA around RM3 that have not been revalued since 1998. Do you know that land in Sabah always fetch a premium and Sabah's wood species like Merbok and Keningau fetch a premium in the Japanese Market.
Give a thumbs up to WTK, pending the overcome of glut in the timber industries and board room tussle. Give it a few years down the road, WTK will have 12,000 hectare of mature palm oil and 30,000 hectare of mature wood plantaion for harvesting.
"Survival of the most adaptable in the wood industry"
Good Luck! Amigo!
Yours sincerely,
Dr Lion.
If you talk timber in Sarawak and Sabah, you will talk bout Lingui and WTK respectively.
WTK is a large conglomerate in Sabah dealing with :
1) Timber
2) Oil Palm
3) Wood Plantation
3) Glue, Adhesive, Resin
4) Ply-wood
5) Consumer Product.
Currently, WTK is facing headwind with succession issue after the demise of its founder and WTK ownership is still under the jurisdiction of the court.
On the bright side, WTK have NTA around RM3 that have not been revalued since 1998. Do you know that land in Sabah always fetch a premium and Sabah's wood species like Merbok and Keningau fetch a premium in the Japanese Market.
Give a thumbs up to WTK, pending the overcome of glut in the timber industries and board room tussle. Give it a few years down the road, WTK will have 12,000 hectare of mature palm oil and 30,000 hectare of mature wood plantaion for harvesting.
"Survival of the most adaptable in the wood industry"
Good Luck! Amigo!
Yours sincerely,
Dr Lion.
New high in plywood price.
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