Business Overview
- Newly established family business located in Papua New Guinea.
- Have more than 530 ha of forest land with different types of trees, wood and timber.
- Business was registered 2 years ago and recently got all the required documents and licenses for export.
- For the time being we are selling the products in the local market in small quantity but our goal is to export timer to different countries.
- Have secured markets in Malaysia, Japan, India and Australia (to be arranged by the Japanese buyer). About to sign two contracts this month.
- As per the recent survey our forest has more than 50 tree species.
- Have received authorization from the PNG Forestry Authority to export our products to other countries.
- Promoter is in New Zealand on business and will be going back to Papua New Guinea.
- Planning to buy 400-500 acres of additional forest land soon.
Products & Services Overview
Processed hardwood, softwood, different types of timbers, logistics and wood export.
Assets Overview
Portable sawmill, machinery & accessories worth NZD 15,000, registered forest land of 536.744 ha worth NZD 8+ million, fully grown trees across the forest worth NZD 5-6 million, unregistered forest land of NZD 200 million (will be acquired soon).
Partial Stake Sale
USD
2.5 million
for
30.0%
stake
(Native Currency: NZD 4,200,000)
Reason:
Buy out part of our rights to log and export of timbers to markets overseas. Need capital to buy cro...
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Includes physical assets worth
USD
8 million
Interested to connect with advisors
In talks with 1 Investor
Contact Business