Timberwell
Timberwell Berhad is a Bursa Malaysia-listed sustainable forestry company that holds a 100-year licence to manage 71,293 hectares of natural forest in Sabah's Lingkabau Forest Reserve, harvesting certified timber logs and producing LGM-certified rubber clones for regional timber and rubber buyers.
- Company typePublic
- Founded1996
- HeadquartersKota Kinabalu, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Timberwell does
Timberwell Berhad is a publicly listed Malaysian sustainable forestry company (Bursa Malaysia: TIMWELL 7854) incorporated in 1996 and headquartered in Kota Kinabalu, Sabah. The company holds a 100-year Sustainable Forest Management Licence Agreement (SFMLA 06/97) granted by the State Government of Sabah, covering 71,293 hectares of natural forest in the Lingkabau Forest Reserve, Forest District of Kota Marudu. Operations centre on sustainable timber harvesting using Reduced Impact Logging (RIL) techniques, silviculture treatments, mosaic planting and forest rehabilitation, complemented by certified rubber clone production (RRIM 2025 and RRIM 3001) under Lembaga Getah Malaysia certification.
Revenue is generated primarily through direct sales of harvested timber logs to timber buyers, sawmills and wood-based industries, supplemented by sales of certified rubber clones and community-based forest products. The company holds multiple forestry certifications, including Sabah Timber Legality Assurance System (TLAS Principles 1-4) assessed by Global Forestry Services, Malaysian Criteria & Indicators (MC&I) forest management certification pre-assessed by SIRIM, and LGM rubber clone certification. Distribution is direct to enterprise buyers in the regional timber and rubber industries, with no disclosed third-party channel partners.
The company maintains a small workforce (11-50 employees), operates a registered office in Kota Kinabalu and a forest operations camp in Paitan, and has received consecutive annual Compliance Certificates from the Sabah Forestry Department since at least 2017. It also delivers a Community Forestry Programme that includes 58.8 km of community access roads and bridges, a Joint Management Rubber Project, and watershed protection initiatives for villages adjacent to the forest reserve.
Timberwell firmographics
Firmographics- Name
- Timberwell
- Legal name
- Timberwell Berhad
- Website
- https://timwell.com.my
- Company type
- Public
- Founded year
- 1996
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Timberwell Berhad is a Bursa Malaysia-listed sustainable forestry company that holds a 100-year licence to manage 71,293 hectares of natural forest in Sabah's Lingkabau Forest Reserve, harvesting certified timber logs and producing LGM-certified rubber clones for regional timber and rubber buyers.
- Ownership category
- akta.pro rank
Timberwell industry classification
Industry- Product category
- Sustainable Forest Management
- NAICS
- Timber Tract Operations (11311), Support Activities for Forestry (1153), Logging (1133)
- SIC
- Forestry (800)
- akta.pro primary industry
- Forest Management & Silviculture Services (Cruising, Planning, Compliance) (IMAMAAAD)
- akta.pro secondary industries
- Timberland Asset Management (Institutional/Private) (AFAMAKAA), Timberland Operations Planning & Contractor Management (AFAMAKAE), Timberland Asset Management & Consulting (AFAMAAAI)
Keywords
Where Timberwell is headquartered
LocationHeadquarters
- HQ city
- Kota Kinabalu
- HQ country
- Malaysia
- HQ region
- Asia
Offices2 records
Markets served
Timberwell business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Personnel, Infrastructure, Others
Revenue model
- Timber Log Harvesting and Sales: The company harvests and sells timber logs from its 71,293-hectare licensed forest area under the Sustainable Forest Management Licence Agreement (SFMLA 06/97) granted by the State Government of Sabah.
- Rubber Production: Production and certification of rubber clones (RRIM 2025 and RRIM 3001) for commercial sale, compliant with Lembaga Getah Malaysia standards.
- Forest Rehabilitation Services: Forest rehabilitation and silviculture treatment services within the licensed area, including mosaic planting operations.
Distribution channels1 record
Marketing channels3 records
Timberwell product offering
Product offeringCore offering
Timberwell Berhad manages 71,293 hectares of natural forest in Sabah's Lingkabau Forest Reserve under a 100-year state-granted Sustainable Forest Management Licence Agreement (SFMLA 06/97). Its core activities are sustainable timber harvesting via Reduced Impact Logging (RIL), silviculture treatment, forest rehabilitation through mosaic planting, and the production of LGM-certified rubber clones (RRIM 2025 and RRIM 3001). Products are sold directly to timber buyers, sawmills, and wood-based industries, supported by TLAS, MC&I and Rubber Clones certifications.
Product overview
Timberwell Berhad is a sustainable forest management company operating in Sabah, Malaysia. The company manages 71,293 hectares of natural forest under a 100-year Sustainable Forest Management Licence Agreement (SFMLA 06/97). Core services include timber harvesting using Reduced Impact Logging (RIL) techniques, forest rehabilitation, silviculture treatments, and mosaic planting. The company maintains TLAS (Timber Legality Assurance System) compliance certified by Global Forestry Services, holds rubber clone certifications from Lembaga Getah Malaysia, and implements community development programmes including the Joint Management Rubber Project. The company also underwent SIRIM pre-assessment for Malaysian Criteria & Indicators (MC&I) forest management certification.
Differentiator
Problem solved
Functional benefit
Products and services
- Sustainable Forest Management Services Management of 71,293 hectares of natural forest in Lingkabau Forest Reserve, Sabah under a 100-year state-granted SFMLA, employing Reduced Impact Logging (RIL) techniques, silviculture treatments, ITP Development and mosaic planting operations to deliver sustainably managed timber logs to commercial buyers.
- Timber Log Harvesting and Sales Harvesting and direct sale of certified sustainable timber logs from the 71,293-hectare licensed forest area to timber buyers, sawmills and wood-based industries under SFMLA 06/97.
- Rubber Clone Production (RRIM 2025 and RRIM 3001) Production of Lembaga Getah Malaysia (LGM)-certified rubber clones RRIM 2025 and RRIM 3001 for commercial sale to rubber industry participants and community projects, supplying planting materials that meet LGM genetic and quality standards.
- Forest Rehabilitation and Silviculture Services Forest rehabilitation and silviculture treatment activities within the Lingkabau Forest Reserve, including mosaic planting operations to maintain forest renewal and compliance with RIL, silviculture treatment, ITP Development specifications.
Quantifiable outcome
- Profit after tax of RM11.2 million in 2022 with fair value gain of RM7.8 million on biological assets
- +2 more outcomes
Companies that use Timberwell
Customer profileSegments3 records
Ideal customer profiles2 records
Timberwell technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Timberwell partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and supporting.
- State Government of SabahcoreTimberwell Berhad holds Sustainable Forest Management Licence Agreement 06/97 granted by the State Government of Sabah, covering 71,293 hectares of natural forest in Lingkabau Forest Reserve for 100 years commencing 10 September 1997. This is the core operating licence for the company's forestry operations.
- Global Forestry Services Sdn. Bhd. (GFS)coreGFS conducts assessments for Timber Legality Assurance System (TLAS) certification covering Principles 1-4 for Timberwell's operations. GFS also implements the Heart of Borneo Project's Social Baseline Survey in communities near Lingkabau Forest Reserve.
- SIRIM-QAS International Sdn. Bhd.coreSIRIM-QAS conducted pre-assessment for Malaysian Criteria & Indicators (MC&I) forest management certification from 15th-17th April 2015. Full assessment was scheduled for October 2015 with expected certification by 2016.
- Lembaga Getah Malaysia (LGM)coreLGM provides certification for rubber clones (RRIM 2025 and RRIM 3001) grown by Timberwell Berhad. This ensures rubber planting materials meet quality and genetic standards.
- Jabatan Perhutanan Sabah (Sabah Forestry Department)coreThe Sabah Forestry Department grants forest management licences, conducts compliance assessments, and hosts annual appreciation ceremonies. The department organized Land Usage Workshops with EU-REDD+ in GRID area for community benefit.
- Malaysian Timber Certification Council (MTCC)supportingMTCC manages certification standards for timber and forest management in Malaysia, with Timberwell aligned to these standards for market access.
- EU-REDD+supportingEU-REDD+ collaborated with Sabah Forestry Department to organize Land Usage Workshops in GRID (Gana Resettlement and Integrated Development Project) for community benefit in 2016.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
Timberwell competitors and assessment
Company assessmentRegional players
- Multi Industries Holdings Berhad: Malaysian timber plantation and sawmilling company. Comparable as a small-cap Bursa Malaysia-listed forestry operator, though focused on plantation timber rather than natural forest harvesting.
- Sarawak Plantation Berhad: Malaysian plantation operator focused on palm oil in Sarawak. Comparable in the agricultural commodities dimension and Bursa Malaysia listing, but operates in plantation rather than natural forest management.
Direct peers
- Jaya Tiasa Holdings Berhad: Malaysian timber and palm oil group with extensive forest concessions in Sarawak. Closely comparable business model: sustainable forest management licence, timber harvesting, downstream wood products, and plantation operations.
- Rimbunan Sawit Berhad: Malaysian sustainable forestry and palm oil company listed on Bursa Malaysia. Comparable as a Sarawak-based concession operator with timber harvesting and plantation activities.
- Ta Ann Holdings Berhad: Major Sarawak-based sustainable forestry and timber group operating timber concessions, plywood manufacturing, and palm oil. Directly comparable as a Bursa Malaysia-listed timber licensee with sustainable forest management certification.
- Samling Global Limited: Major Malaysian timber conglomerate with timber concessions, logging, and downstream wood products in Sarawak. Comparable as a long-tenured sustainable forestry operator with integrated timber value chain.
- WTK Holdings Berhad: Bursa Malaysia-listed timber and plantation company with timber extraction, plywood, and palm oil operations in East Malaysia. Comparable as a regional forest concession holder with downstream wood processing.
- Subur Tiasa Holdings Berhad: Malaysian timber group with forest concessions, logging, and manufacturing in Sarawak. Comparable as a timber licensee with similar sustainable forest management practices and downstream processing.
Others
- Sabah Timber Industries Association: Industry association representing Sabah's timber industry players. Relevant as an ecosystem participant that Timberwell Berhad directly references, providing industry context and peer group exposure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Timberwell social profiles
Digital presenceTimberwell compliance and trust
Trust signalCompliance4 records
Timberwell financial estimates
Financial estimateRevenue estimate
Valuation estimate
Timberwell leadership team
Management profileNumber of profiles
Profiles12 records
Timberwell funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Timberwell M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Timberwell
What does Timberwell do?
Timberwell Berhad manages 71,293 hectares of natural forest in Sabah's Lingkabau Forest Reserve under a 100-year state-granted Sustainable Forest Management Licence Agreement (SFMLA 06/97). Its core activities are sustainable timber harvesting via Reduced Impact Logging (RIL), silviculture treatment, forest rehabilitation through mosaic planting, and the production of LGM-certified rubber clones (RRIM 2025 and RRIM 3001). Products are sold directly to timber buyers, sawmills, and wood-based industries, supported by TLAS, MC&I and Rubber Clones certifications.
Is Timberwell a public or private company?
Timberwell is a public company. It is classified as public and is currently operating.
When was Timberwell founded?
Timberwell was founded in 1996. It employs 11 to 50 people.
Where is Timberwell based?
Timberwell is headquartered in Kota Kinabalu, Malaysia, in the Asia region.
How does Timberwell make money?
Three revenue lines are on record. Timber Log Harvesting and Sales are the primary driver. The others are rubber Production and forest Rehabilitation Services.
Who are Timberwell's main competitors?
Regional players on record are Multi Industries Holdings Berhad and Sarawak Plantation Berhad. Direct peers are Jaya Tiasa Holdings Berhad, Rimbunan Sawit Berhad, Ta Ann Holdings Berhad, Samling Global Limited, WTK Holdings Berhad and Subur Tiasa Holdings Berhad. Sabah Timber Industries Association is listed as an others.
Does Timberwell have an API?
No public API is recorded for Timberwell.
What industry is Timberwell in?
Timberwell's product category is Sustainable Forest Management. Its primary akta.pro industry code is IMAMAAAD, Forest Management & Silviculture Services (Cruising, Planning, Compliance), with a secondary code of AFAMAKAA, Timberland Asset Management (Institutional/Private). Its NAICS code is 11311 and its SIC code is 800.