Tan Sri Yaw Teck Seng, the founder of our Group, started
his logging business in Sarawak, Malaysia.
The Group expands forest concession areas in Sarawak,
awarded by the Sarawak state government; invest in other
businesses such as sawmilling, quarrying and property
investment and development.
Samling Strategic Corporation Sdn Bhd becomes a
controlling shareholder of Lingui Developments Berhad. Lingui
is a listed company on the Malaysia Stock Exchange.
The Group expands into Guyana, South America, and
establishes Barama Company Limited (BCL).
Lingui acquires a substantial stake in Glenealy
Plantations (Malaya) Berhad, a listed company on the Malaysia
Group restructuring is complete with Lingui and
Glenealy rationalizing their businesses by a series of asset
swaps. This results in Lingui putting focus on timber-related
operations, including the Radiata Pine plantation in New
Zealand, while Glenealy focuses on oil palm plantations.
Samling Global incorporates on June 27 in preparation
for the listing of our shares on the Stock Exchange of Hong
Completion of the reorganization steps to transfer
interests in the Malaysian companies (including Lingui),
Guyana and China companies to Samling Global in preparation
for the listing on the Stock Exchange of Hong Kong.
Samling Global's listing on the Stock Exchange of Hong
Kong with overwhelming response. The Hong Kong retail tranche
offer was more than 920 times oversubscribed and the
institutional tranche was well over 100 times oversubscribed.
In line with the Group's strategy to expand its
distribution network, on 20 December 2007 it completed the
acquisition of a 100% stake in Australian Wood Panels Group
Pty Ltd (formerly known as Brewster Pty Ltd), an Australian
company involved in the sales and distribution of building
materials, including panels and wood engineered products,
timber and hardware with a business presence across Australia.
On 15 August 2008, Samling Global completed the
acquisition of Anhui Tongling Wood Plantation Co., Ltd. The
acquisition comes with a 3,079 ha tree plantation, in line
with the Group's strategy of increasing its woodflow through
acquisition of plantations.
On 26 August 2008, the Group completed the acquisition
of the business of Elegant Living (Hong Kong) Limited, Elegant
Living International Holdings Limited and New Elegant Living
Timber Manufacturing (Zhongshan) Co., Ltd. Elegant's main
business is in flooring and is the current market leader in
China for hand sculpted engineered flooring.
Samling Global Limited was privatized and was delisted from
the Hong Kong Stock Exchange on 20 June 2012. It is now a
subsidiary of Samling Strategic Corporation Sdn Bhd.
Glenealy Plantations (Malaya) Berhad was privatized and
delisted from Bursa Malaysia on 25 October 2012.
Lingui Developments Berhad was privatized and delisted
from Bursa Malaysia on 19 February 2013.
The longest bridge in the Baram Region is built at
Long San. Spanning 840 feet and costing of over RM8 million,
the bridge provides access to all in the forest community and
stimulates development in the area.
The Community Affairs Department is established in
The first Samling scholarship is established for
Malaysian students entering tertiary education.
Sela'an-Linau Forest Management Unit (FMU) establishes
a Community Liaison Committee, a formal body comprising
representatives of major stakeholders to discuss matters of
common interests pertaining to the FMU.
MOU with Wildlife Conservation Society, New York
BCL establishes the Upper Pomeroon and Esseiquibo
Joint Community Relations Committees.
Samling Global establishes "Janji", a community
self-sustaining programme to promote the art and craft of the
indigenous communities in Malaysia. A "Janji" sales outlet was
set up in Suria KLCC, Malaysia's leading shopping centre.