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Timberwell Bhd
Lot 8 & 9, Block A, 2nd Floor
Damai Point Commercial Centre
Phone: +60 88214222p:+60 88214222 KOTA KINABALU, 88000  Malaysia Ticker: TIMWELLTIMWELL
Business Summary
Timberwell Berhad is engaged in forest management, timber harvesting, marketing and trading of timber and related products in Malaysia. The Company's business divisions include forestry, plantation, trading and property. Its forestry division oversees the timber harvesting and forest regeneration activities of the Company in compliance with the annual work plan approved by the Sabah Forestry Department. The harvested timbers are supplied to other local millers and exported to countries in the Asia region. Its plantation division is engaged in the cultivation of industrial trees of approved species. The indigenous industrial tree plantation species being cultivated includes Laran, Binuang, Jelutung and rubber tree. It is a license-holder of the sustainable forest management license agreement 06/97 granted by the State Government of Sabah covering an area of approximately 71,293 hectares of natural forest in the Lingkabau Forest Reserve, Forest District of Kota Marudu, Sabah.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2022Yes----

Industries
SIC Code Description
2411 Logging
0811 Timber tracts
2421 Sawmills and planing mills, general
5099 Durable goods, not elsewhere classified
6531 Real estate agents and managers
6719 Offices of holding companies, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board Chong KimWong 67 5/25/2021 5/25/2021
Chief Executive Officer Chiong UngPau 71 5/23/2006 5/23/2006
Joint Company Secretary Tsae YngQwik 11/17/2023 11/17/2023
5 additional Officers and Directors records available in full report.

Business Names
Business Name
Timberwell Berhad
TIMWELL

General Information
Number of Employees: 350 (As of 12/31/2005)
Outstanding Shares: 89,050,667 (As of 12/31/2023)
Shareholders: 1,404
Stock Exchange: KUL
Fax Number: +60 88235907


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Friday, April 26, 2024