Shares & Derivatives
Samko Timber IPO.
By Kleer  •  February 19, 2008
By: Kleer Closing date of application: 21 February 2008 Commencement of trading: 25 February 2008 Established in the 1978, Samko Timber is a leading Indonesian timber processing company and one of the top 5 tropical hardwood plywood producers globally. They have approx. 450,000 ha of natural forest concessions and approx. 125,000 ha of industrial forest plantations. Their production facilities include:
  • 7 timber processing plants
  • 1 fibreboard production plant
  • 10 satellite veneer plants
  • 1 power plant
  • 2 chemical glue facilities
Their products include:
  • Primary and secondary processed timber products
  • Harvested logs
  • Chemical glues of several types and grades
In 2006, they had an estimated domestic plywood market share of approx. 32%. Their products are sold to customers all over the world, and export sales accounted for 32% of revenue for FY2007 YTD. Key Risk Factors:
  1. Indonesia suffers from rather frequent natural disasters, and their business will be adversely affected by such occurrences. Read more...
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By Kleer
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