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b>EXCLUSIVE:/bTo illegal loggers, the giant merbau was worth RM60,000. To the nation, the tree which had thrived for 100 years was probably priceless. But a century of survival was reduced to one big stump when illegal loggers brought it down with chainsaws.
Fire has destroyed at least 50ha of commercial forest in the Ulu Piah Forest Reserve about 30km from here.
IPOH-BASED Leweko Resources Bhd, one of Peninsular Malaysia's largest forest concessionaires, will venture strongly into downstream activities by increasing the production of higher value-added downstream timber products for export this year.
LEWEKO Resources Bhd hopes to acquire timber companies specialising in downstream products like window frames and furniture components as well as land for oil palm cultivation this year.
The floods in the east coast claimed two more lives and saw more than 12,000 people evacuated. Thousands of people in Kelantan, Terengganu and Pahang have been left without electricity supply for the past two days after Tenaga Nasional Bhd was forced to close 331 substations due to the floods.