Jaya Tiasa Holdings Berhad is the leading fully-integrated timber producer in Malaysia with access to 1.76 million acres of timber concessions in the state of Sarawak, malaysia. Jaya Tiasa's principal activities include the manufacturing and distribution of a wide range of timber products including round logs, plywood, rotary veneer, sawntimber, blockboard, film overlay plywood, sliced veneer, spliced Veneer, fancy plywood.
The company first venture into oil palm started with the development of a 5,000 hectares plantation in 2002. They have since acquired 30,000 hectares of plantation land of which more than 12,000 hectares have been planted.They also entered into joint venture agreements to develop another 53,480 hectares into oil palm plantations.
Recently, the share up to RM3.40 mainly due to record high on plywood price. Compare the performance of share is still lagging behind its peers like Taann and WKT.
The company has spend significant investment amount in palm oil plantation, once the tree start produce seed the share will revalue by investor again.
