KOPERASI Perniagaan dan Perusahaan Melayu Berhad Seria (KPPMS) is going all out to develop its agarwood (gaharu) plantation as a “safety net” to ensure the cooperative’s sustainability in the long haul.
The move was made considering that there is a demand for the product, said KPPMS Chairperson Hj Ahmad Hj Hassan (pictured), adding that a single agarwood, which is often used to make perfumes, could cost from $4,000 to $6,000.