DAdvance Agarwood Solutions Sdn Bhd


Awards and Recognition:
 

Company details

Managing Director
& Founder

David Liew Kien Meng


Strategic Planning Director
& Founder

Davidoff Lim Kok Seong


Address

3-1, Jalan Merbah 1,
Bandar Puchong Jaya,
47170 Puchong, Selangor

3-1, Jalan Merbah 1, Bandar Puchong Jaya, 47170 Puchong, Selangor


Website

www.dadvanceagarwoodsolutions.com

Dadvance Agarwood Solutions was founded in 2019 by two local entrepreneurs, David Liew and Davidoff Lim, to bring their 13 years of research and engineering in Agritech vaccine for Cultivated Agarwood via inoculation to unlock the full potential of agarwood trees and to maximize agarwood resin formation up to 85%.

Through their disruptive agarwood business model, Dadvance Agarwood Solutions is poised to become the leader in Cultivated Agarwood plantation. Within 2 years of its establishment, the company has accumulated an impressive portfolio of 9,619 agarwood trees which translate into a production value close to RM 30mil.


The company’s vision is to develop the Malaysian agarwood industry to be the world’s top three Agarwood producers through a sustainable and holistic approach. The company’s mission is to establish a centralized agarwood ecosystem that will ensure a continuous supply of Agarwood raw materials, price stability, and to be a billion-dollar company in the industry.

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Name, Position

Dadvance Agarwood has made several achievements along the way. It successfully acquired a stake in TCM Wellness Culture – a modern TCM built on the advancement of technology and big data. This enables the company to streamline agarwood usage in the wellness and health industry which is widely used in China, Taiwan, Japan, etc. It also allows the company to extend its collaboration with other brands from the wellness and health industry that are looking to enhance their products’ value by using agarwood.

Agarwood has been associated with royalties and the rich during ancient times.Through its brand – NYCX which was sold to more than 3,000 households – Dadvance has revolutionized traditional agarwood products into a modern lifestyle with wellness as its core value. Now everyone can enjoy the benefits of Agarwood affordably through Dadvance’s business model “Natural and high-quality Agarwood directly from plantation to customers”. Currently, Dadvance markets premium agarwood incense, kynam agarwood tea, Oudtidote, jewellery, soy wax candle, oil, and powder under the brand NYCX and some of the products are packed by the community in Beautiful Gate Foundations for the disabled. The company is thrilled to launch its flagship product, NYCX Premium Oud coffee soon!

Dadvance is honored to be a recipient of the Golden Bull Awards this year which reflects the company’s unique business model. Today, Dadvance has successfully built a business ecosystem based on sustainability, passion, and innovation.