Latitude
Tree Holdings Berhad was incorporated
in Malaysia as an investment holding
company. Through its subsidiary companies,
the Group specialises in the manufacturing
and sale of wooden furniture and components
particularly rubber wood furniture
for both the domestic and export markets.
During the year, two more subsidiaries
were added to the Group, namely Uptown
Promenade Sdn Bhd (UPSB) and L-Tree
Resources Sdn Bhd (LTR) where the
latter is focusing on the Group’s
future plans of expanding its upstream
activities to Indonesia.
The
Group has carved out a strong niche-in
the household furniture segment, specifically
dinning sets. From its humble beginning
as a manufacturer of chairs for dining
sets in 1988, the Group has grown
into a complete high-and-medium end
dining set manufacturer. About 90%
its raw materials are rubber wood-based
with the remaining being oak, pinewood
and other wood-based materials.
The
Group has made great advances to position
itself as one of the largest rubber
wood furniture manufacturer and exporter
in Malaysia. Approximately 99% of
the Group’s products are exported
overseas to the US, Canada, Europe,
South Africa, Australia, New Zealand,
Japan and the Middle East Countries.
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