Maju Weko Timber Industries Sdn. Bhd. ["MWTI"] is a wholly - owned subsidiary company of Leweko Resources Berhad, a company listed on the Main Market of Bursa Malaysia Securities Berhad. MWTI principal business is in timber harvesting, log trading, processing rough sawn timber, moulded timber and other timber related products. The Company began its business in 1973 with sawmilling operations producing only rough sawn timber. In 1998, it diversified into timber moulding and since then, the production of moulded timber, both in volume and product range, has grown substantially. This is due to the Company's high investment in acquiring of modern equipment, training of staff and doubling the kiln drying capacity.
MWTI has earned a reputation as a producer of high quality timber based products over the years. The ability to produce quality products is assisted by the fact that the Company presently has the rights to extract logs from its own forest concessions. In addition, the Company also has agreements with other forest concession holders to purchase logs extracted from their concessions. This availability of wood resources ensures that the Company has a consistent and sustainable supply of logs to meet its long term production needs. MWTI has been and will continue to be a long term player in the tropical timber industry and towards this end, it is carrying out an on-going process to apply for new concessions from the authorities and to sign up long term supply agreements with other forest concessionaires to ensure that it has a continuous supply of logs.
MWTI has successfully established strong and long term business relationships with a number of the major buyers of timber products in the United States of America, Australia, the European Union as well as local customers in Malaysia.
MWTI fully supports the Malaysian Government's and international policies on environmental preservation and sustainable forest management. As the Company's forest concessions are within the State of Perak Darul Ridzuan, Malaysia (which has been awarded the Certificate for Forest Management by the Malaysian Timber Certification Council ["MTCS"] in 2003), its forest management and harvesting activities are in compliance with sustainable forest management practices. We are PEFC certified under Certificate No : SIRIM – COC 0010 issued on 12th June 2013.