I used to see a lot of the 'Frostwood'-handled knives from Frost Cutlery at gun/knife shows, back in the '90s. I think many of those were Pakistan-made, mainly fantasy/novelty patterns in the fixed blades, but also more 'traditional-looking' patterns in folding knives, like a stockman or trapper. Occasionally would see grossly oversized display knives, like 8" - 12"-inch-handled 'traditional' folders from the same company. Keep wishing I'd bought one of those huge display folders, just for the novely of it.
The 'Frostwood' handles were laminated & stablilized wood in brightly-stained colors (red, green, yellow, purple, etc), often with the individual plies (layers) of the wood in different colors, making for a multicolored look as the handle was shaped and sanded down to varying depth.
I've no idea what type/quality the steel was, other than simple 'stainless'. But as simple users, I assume these knives could be made useful, unless heat treat was totally incompetent.