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Agarwood Malaysia > News > Uncategorized > Site Expansion in Melaka 202

Site Expansion in Melaka 202

Dadvance Agarwood Solutions S/B has acquired another JV Sites in Malacca

12th March 2022 – Dadvance Agarwood Solutions Sdn. Bhd. had signed an agreement with Ms.Shavine (Owner) – to enter into a Joint-Venture Agreement to undertake an inoculation project in Malacca.

Through this Joint Venture Dadvance Agarwood Solutions Sdn. Bhd. will add in another 1,302 Aquilaria trees under the company’s portfolio and further strengthen its position as one of the leading cultivated agarwood companies in Malaysia with the current number of more than 10,000 Aquilaria trees.

“We’ve been approached by more than 5 companies in the past several years and 2 companies had done the inoculation on some of our trees. However, it doesn’t show any result and to make things worse all went missing in action” according to Shavine.

Currently Dadvance Agarwood Solutions Sdn. Bhd. is harvesting one of their sites in Tehel and before we are even able to process all of the raw materials into oil and chips, customers already placed their bookings and certainly, we need to expand our portfolio to this growing demand according to Mr.David Liew – Managing Director of Dadvance Agarwood Solutions Sdn. Bhd.

View from the site.