Subsidiary Company
Forest Plantation Development Sdn Bhd (FPDSB)
FFPDSB is the Special Purpose Vehicle (SPV) of the Government of Malaysia with the sole purpose of implementing the Forest Plantation Development Programme between 2006 and 2020. The 15-year programme is supported with a financial allocation of RM1.045billion from the Ministry of Finance to incentivise private participation via a soft loan mechanism.
CTCS Worldwide Sdn Bhd (CWSB)
CTCS Worldwide Sdn Bhd (CTCS) was established on 23 January 2019 and is a wholly owned subsidiary of the Malaysian Timber Industry Board (MTIB), a government statutory body under the Ministry of Plantation and Commodities (KPK) and aimed at promoting the use of certified timber in building and construction industry.
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