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KUCHING: Sarawak is gradually losing its logs and plywood market shares in key India and Japan markets as it could not compete with Indonesia and some other Asean timber producing countries.
KUALA LUMPUR: Ni Hsin Resources Bhd's wholly-owned subsidiary Ni Hsin Marketing Sdn Bhd (NHM) has signed a collaboration agreement and a distributorship agreement with WTK Manufacturing Sdn Bhd (WTKM) and WTK Technologies (M) Sdn Bhd (WTKT), respectively.
KUALA LUMPUR: Shares of WTK Holdings Bhd rose over 4.5% in early trade Thursday following a technical buy from PublicInvest Research.
KUALA LUMPUR: Stocks to watch on Thursday include Rimbunan Sawit Bhd, WTK Holdings Bhd, Leader Steel Holdings Bhd, LBS Bina Group Bhd, TSR Capital Bhd and CapitaLand Malaysia Mall Trust (CMMT), according to JF Apex Research.
KUALA LUMPUR: WTK Holdings Bhd is buying plantation land in Miri from Rimbunan Sawit Bhd for RM85mil cash, expanding its oil palm planted area by 39% from 8,662 ha to 12,052 ha
KUALA LUMPUR: WTK Holdings Bhd is buying a plantation land in Miri, Sarawak from Rimbunan Sawit Bhd for RM85mil cash, expanding its oil palm planted area by 39% from 8,662 hectares to 12,052 hectares.
KUCHING: Malaysian plywood manufacturers, which have been badly hit by the sharp drop in exports to its key market Japan over the past two years, will likely see a trend reversal this year.
KUCHING: Hit by weak export prices, erosion of international market share and dwindling output, Sarawak’s leading plywood manufacturers have sought help from the state authorities to ride through the tough times.
KUCHING: Malaysia’s plywood exports to its key market Japan has fallen sharply due to the wide gap between the export and sales prices in the Japanese market.