7.7 / 10
 Kimbe

Timber harvesting and trading company with MOU for 22k Ha seeks investment for growth.

Key Business Facts
Yearly Sales USD 23 thousand
EBIDTA Margin 20 - 30 %
Industries Timber Tract Operations
Locations  Kimbe
Business Overview
- Sustainable timber management: focused on unlocking timber wealth responsibly through sustainable management and development practices in Papua New Guinea.
- Market engagement: actively supplying timber products to diverse markets, including domestic, B2B (business to business), and B2C (business to consumer). Key clients include construction companies and government contractors.
- Licensing: holds essential licenses for domestic timber trading, along with valid business and tax registrations, ensuring legal compliance and transparency in operations.
- Strategic partnership: entered into a 25-year memorandum of understanding (MOU) with landowners, allowing the harvesting of 220,000 hectares of timber. In return, landowners are entitled to a 20% shareholding in the company.
- Pending government approval: currently awaiting government permits for the export of timber products. The successful approval of permits will enable the company to unlock significant value from the harvested timber.
- Decade-long experience: boasts a decade of experience among promoters in the timber industry, demonstrating a strong foundation and understanding of the market dynamics.
Products & Services Overview
We harvest and sell rough sawn timber.
B2B and B2C operations.
Capitalization Overview
No loans or debts. 2 shareholders. Self funded operations.
Assets Overview
Assets include: • Asset base - P&E ($280K) • Office premises ($535K) • Company real estate ($460K)
Partial Stake Sale
USD 10 million for 40.0% stake (Native Currency: PGK 38,000,000)
Reason: Funds will be mainly used for procurement of advanced machinery and equipment to enable the company ... View More
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business