Samko Timber Limited Samko Timber Limited (SGX: E6R), an investment holding company, manufactures and sells primary processed timber products including primary plywood, laminated veneer lumber (LVL), medium density fiberboard (MDF), and piano parts; it also provides engineered wood solutions such as flat, precisely dimensioned plywood with smooth surfaces and superior strength for industrial and residential applications, custom-profile LVL products noted for durability and dimensional stability, and 100% real wood doors that are customized and dimensionally stable. The company operates primarily through subsidiaries in the forest products industry, focusing on wood processing with a capacity exceeding 800,000 cubic meters annually, and targets markets requiring high-quality timber for construction, furniture, and specialized uses like musical instruments. Founded in 1978 and headquartered in Singapore with principal operations in Indonesia, Samko Timber Limited maintains facilities compliant with global standards for quality and environmental management.
In recent developments, the company announced a S$3.3 million capital reduction and cash distribution to shareholders in January 2025, reflecting significant operational restructuring. It entered a sale and purchase agreement in October 2024 with Sampoerna Forestry for the proposed disposal of PT Sumber Graha Sejahtra and related assets for an aggregate consideration of S$5 million. Additionally, Lin Yiyi acquired a 2.29% stake from Sampoerna Forestry Limited via tender offer for SGD 0.10 million, marking a shift in ownership structure amid reports of ceased core operations.