- CEO
- Chiong Ung Pau
- Full Time Employees
- 45
- Sector
- Non-energy minerals
- Industry
- Forest products
- Address
- Kota Kinabalu Malaysia
- IPO Date
- May 13, 1996
- Business
- Timberwell Berhad is a Malaysia-based investment holding company primarily engaged in sustainable forest management, timber harvesting, industrial tree plantation, marketing and trading of timber products, and property investment. Founded in 1996 and headquartered in Kota Kinabalu, Sabah, Malaysia, the company operates across four primary business segments: Forestry, Plantation, Trading, and Property. Through its subsidiaries, including Timberwell Properties Sdn. Bhd., Timberwell Plywood Sdn. Bhd., and Timberwell Plantations Sdn. Bhd., the company provides a comprehensive portfolio of products and services, comprising: sustainable forest concession management, selective timber harvesting, silvicultural treatment, and forest rehabilitation under a 100-year Sustainable Forest Management Licence Agreement (SFMLA 06/97) in the Lingkabau Forest Reserve located in Kota Marudu, Sabah; cultivation and commercial production of fast-growing industrial tree species and cash crops, including Laran (Neolamarckia cadamba), Binuang (Octomeles sumatrana), Jelutung (Dyera costulata), Albizia (Falcataria moluccana), Rubber (Hevea brasiliensis), Mahogany (Swietenia macrophylla), Eucalyptus, and Durian; marketing, supply, and wholesale trading of round timber logs, plantation timber, sawn timber, and natural rubber products to domestic timber mills, wood processing facilities, and regional export markets across Asia; and property management and real estate investment holding services. In recent corporate developments, Timberwell Berhad executed the Second Supplemental Agreement to its SFMLA 06/97 with the Sabah State Government in February 2024, excising approximately 21 hectares and establishing its licensed forest reserve area at 45,638.42 hectares. Additionally, the company has undertaken strategic operational initiatives to advance reduced-impact logging, maintain joint conservation management with the Sabah Forestry Department across designated Totally Protected Areas (TPA), expand high-yield industrial tree plantations, and align forest operations with Malaysian Criteria and Indicators (MC&I) certification standards.