International icon and a star in the wor...
Visionary Thinking to Achieve a Better Tomorrow
We believe big ideas shape the future. In fact... they are the only ones that can.
Touchwood was founded in Sri Lanka by Group Chairman, Roscoe A. Maloney in 1999. Looking to combat the rapid deforestation of old-growth forests, Mr. Maloney realized the potential for commercial value in planting trees that could be sold for a high rate of return and offered as a stable investment.
Shortly after opening our doors, we received approval from the Board of Investments to plant 2,000 acres of mahogany trees over a 20-year time period. Following an aggressive marketing of the product to clients both domestic and abroad, the idea was warmly embraced. In just five short years, we were able to expand our operations to Dubai, Hong Kong and Thailand. And in 2006, we expanded even further by registering in Australia – where we have established thriving native hardwood plantations in Queensland.
In the years that have followed, our global expansion program has built 43 plantations – encompassing 3,500 acres – and a reputable presence in over 30 countries around the globe. Achieving our first ISO certification in 2006, the Touchwood brand has become a stable and respected member of the top 100 companies on the Colombo Stock Exchange, enjoying an exceptional and consistent gain in market value.
We are also currently experiencing steady sales growth in the UK and throughout Asia – a momentum we intend to sustain. In the coming year, we are targeting for entry into Japan, Singapore and additional countries within Europe.
Like our trees, we continue to grow.
Our group holding company is located within the heart of Hong Kong’s central business district, with our head office situated on the edge of Bangkok’s historic Lumpini Park in Thailand.
With over a decade of experience in forestry investment, we pioneered the concept of managed forestry in Asia and continue to maintain the benchmark for its success.
Sanga - Bikes for Life
March 21st 2012
Corporate Stalwart Joins Touchwood PLC
March 15th 2012
Mr. Rienzie Wijethilleke, one of Sri Lan...
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- Fastest Growing Land Plant in the World
- Annual returns of up to 28% from year 4 onwards

