Maxland Bhd
MMYX:MAXLAND0.03
MYR
+0.01
(+20.00%)
Maxland Bhd
MYX:MAXLAND
(Bursa Malaysia)
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0.03
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ROIC.AI
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- Business
- Maxland Bhd, formerly known as Priceworth International Berhad, is a Malaysia-based investment holding company primarily engaged in integrated timber operations, wood product manufacturing, sustainable forestry management, and civil construction. The company operates through four principal business segments: Timber Harvesting and Logging, Wood Processing and Manufacturing, Construction and Engineering, and Trading and Logistics. Its comprehensive product and service portfolio includes the harvesting and supply of natural and plantation round logs; production of sawn timber; manufacturing of hardwood plywood, veneer sheets, and blockboards; fabrication of finger-jointed timber, moulded wood profiles, and heavy-duty container flooring; supply of wood chips and biomass by-products; provision of sustainable forest management, silviculture, and timber extraction services; execution of civil engineering, earthworks, and infrastructure construction contracts; and operation of marine barging, tugboat chartering, and logistical transport services for timber haulage. Maxland Bhd serves diverse end-markets, including commercial construction firms, furniture manufacturers, packaging enterprises, and international commodities distributors across Malaysia and key export destinations throughout Asia-Pacific, notably Japan, South Korea, China, and Taiwan, as well as markets in Europe and North America. In recent developments, the company officially rebranded from Priceworth International Berhad to Maxland Bhd to reflect a corporate revitalization and strategic repositioning. As part of its operational turnaround and financial regularization efforts, the group implemented comprehensive capital reorganization initiatives, including share consolidation exercises, private placements, and debt restructuring agreements to strengthen working capital. Operationally, Maxland Bhd has actively diversified its revenue base by expanding into civil construction and engineering projects while optimizing capacity across its integrated timber manufacturing facilities in Sandakan and maintaining sustainable logging operations under long-term forest management concessions in Sabah. Founded in 1992 and listed on the Main Market of Bursa Malaysia, Maxland Bhd is headquartered in Sandakan, Sabah, Malaysia.