KUALA LUMPUR: Unitrade Industries Bhd
said its 60%-owned subsidiary Winnson Ecotech Sdn Bhd has entered into a technology transfer and licensed manufacturing agreement with Molok Oy, a waste collection solutions specialist in Finland.
Molok is part of SULO Group, the European leader in pre-collection waste management solutions serving municipalities, collection operators and businesses.
According to a statement by Unitrade, Molok shall transfer its manufacturing technology and knowhow to Winnson Ecotech to manufacture locally a specified Molok Classic semi-underground waste collection container, described as "a value-engineered 5m³, two-hook hard container with lid".
Winnson Ecotech has received an exclusive, non-transferable and non-sublicensable licence in respect of Johor, which shall automatically extend to the whole of Malaysia upon Winnson Ecotech achieving the prescribed cumulative sales milestone within
Johor during the first contract year.
The licence shall subsequently extend to Indonesia upon Winnson Ecotech achieving the prescribed sales milestone within Malaysia during the second contract year.
Meanwhile, Winnson Ecotech has appointed Blue Marble Sdn Bhd as its exclisive distributor of the Molok container in Malaysia, including for the purposes of the Johor State Smart Deep Collection System programme.
The licence agreement, which has come into effect upon execution, shall continue for an initial term fo three years from the production commencement date, which is expected to be no later than March 31, 2027.
"The agreement represents an important step in expanding our role into licensed manufacturing of
semi-underground waste management containers.
"Through this partnership with Molok, we are able to bring proven European waste collection technology to the Malaysian market while building local production capabilities that support more cost-efficient deployment, shorter lead times and stronger after-sales service," said Nomis Sim Siang Leng, Unitrade group managing director.
