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MEMORANDUM OF COLLABORATION (MOC) SIGNING CEREMONY BETWEEN ETLINGERA SDN BHD AND PERMINT PLYWOOD SDN BHD
Wednesday 11/09/2019
You are cordially invited to the Memorandum of Collaboration (MoC) Signing Ceremony Between ETLINGERA SDN BHD and PERMINT PLYWOOD SDN BHD. The event will be held on the following:
Day/Date: Friday 13 September 2019
Time: 10:00 am – 12.00 pm
Venue: Malaysian Technology Development Corporation, Ground Floor, Menara Yayasan Tun Razak, Jalan Bukit Bintang, Kuala Lumpur
Programme
10.00 am: Arrival of Guests
10.15 am: Doa Recital
10.20 am: Speech by Encik Suhaimi Samsudin, CEO of Etlingera Sdn Bhd
10.30 am: Speech by YBhg. Dato' Nadzarudin Bin Abdul Razak, CEO of Golden Pharos Bhd
10.40 am: Signing Ceremony
11.15 am: Group Photo / Refreshment
11.30 am: Press Conference
12.00 pm: End of Program
Program Background
The memorandum will confirm the collaboration between Permint Plywood Sdn Bhd (PPSB) which is one of the Terengganu state-owned companies and Etlingera Sdn Bhd. Etlingera Sdn Bhd is a company formed under MTDC's Symbiosis programme in early 2012 and has grown under the CRDF fund.
PPSB produces veneers for plywood and woodchips for fiber making and also commercially manufactures agarwood products where PPSB owned 1,000 trees. Etlingera will be the technology provider for inoculation of agarwood trees and also responsible for harvesting, transportation, processing of crude oil (MPG), leasing fees, documentation, CITES certificates, packaging, laboratory testing, marketing and sales of the resulting products.
Etlingera inoculum is the result of UPM research which has been tested and proven to produce higher agarwood oil and a stronger aroma that lasts up to 20 hours. The technology used is naturally micro based on good organisms to stimulate the resin's response to the hardwood to produce a quality agarwood. The inoculum used plays a role in producing the mimic to wild core of the nearly extinct quality of the wild agarwood.
About MTDC
MTDC is a wholly-owned subsidiary of Khazanah Nasional Berhad and has been the key player in commercialisation and management of government funding since the 7th Malaysia Plan.
The company was set-up in 1992 to promote the adoption of technologies by local companies via commercialisation of local R&D or acquisition of foreign technologies. Since then, MTDC has been a key player in commercialisation and management of Government funds. Currently, MTDC manages five funds, specifically the Commercialisation of R&D Fund (CRDF), Technology Acquisition Fund (TAF), Halal Fund, Business Start-Up Fund (BSF) and Business Growth Fund (BGF).
Besides fund management, MTDC also provides an integrated support services for technopreneurs which includes advisory services such as mentoring, soft-landing, branding, fund raising, international collaboration and networking. MTDC’s commercialisation ecosystem has provided funding and assistance to over 500 technology-based companies that are involved in a wide range of activities ranging from the agricultural sector to ICT.
In the 9th Malaysia Plan (9MP) and 10th Malaysia Plan (10MP) alone, companies that were recipients of MTDC’s Commercialisation of Research and Development Fund (CRDF) and Technology Acquisition Fund (TAF) generated a total of RM1.974 billion in sales and contributed towards the creation of 5,261 new jobs and a total of 465 Intellectual Property Rights were filed.
SOURCE: Malaysian Technology Development Corporation
FOR MORE INFORMATION, PLEASE CONTACT:
Name : Alvirah Mohd Natt
Vice President, Corporate Communications Department
Tel : 017 212 2802
Email : alvirah@mtdc.com.my
Name : Sharus Shavek Sharudin
Senior Associate, Corporate Communications Department
Tel : 012 358 4181
Email : sharusshavek@mtdc.com.my
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