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Samko Timber Limited ( (SG:E6R) ) just unveiled an update.
Samko Timber Limited has announced the mutual termination of its Exclusive Distributorship Agreement with the Disposal Group, effective from September 9, 2025, for the USA and Canada, and from December 31, 2025, for Singapore, Thailand, Malaysia, and the Philippines. This decision follows the acquisition of a majority stake in the company by Kingyue International Holding Pte. Ltd. and is part of a strategic move to restructure operations, allowing Samko Timber to explore expansion into new markets and business acquisitions.
More about Samko Timber Limited
Samko Timber Limited, incorporated in Singapore, operates in the timber industry. The company, along with its subsidiaries, focuses on the production and distribution of processed plywood, floorbase, film face, laminated veneer lumber, and housing products across various regions including Singapore, Thailand, Malaysia, the Philippines, the United States, and Canada.
Current Market Cap: S$19.27M
For an in-depth examination of E6R stock, go to TipRanks’ Overview page.