Ta Ann’s Kapit FMU attains Forest Management Certificate

Holdings Bhd’s Kapit Forest Management Unit (FMU) has been awarded the Certificate for Forest Management (Natural Forest) under the Malaysian Timber Certification Scheme.

The Kapit FMU is managed by Tanjong Manis Holdings Sdn Bhd, a wholly-owned unit of Ta Ann. In a filing to Bursa yesterday, Ta Ann said the certificate was awarded by SIRIM QAS International Sdn Bhd on June 11, 2018, with a validity of three years.

The timber and player said the certification for Kapit FMU was an important step forward which would enable the group to further increase its production of certified plywood products.

“Our Forest Management Plans for another two FMUs have been approved by the Forest Department, with Raplex FMU expected to be certified by 2019, whereas Pasin FMU is targeted to be certified by 2020,” it said.

Covering an area of 149,756 hectares, Kapit FMU is located in the southern part of Kapit District, and is the first FMU under Ta Ann Group to attain sustainable forest management certification under the scheme.

The FMU constitutes 40 per cent of the licensed concession area under Ta Ann Group, with a combined area of 337,996 hectares. — Bernama

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Source: Borneo Post Online

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