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September 02, 2015 3:31 PM ET

Paper and Forest Products

Company Overview of Cathay Forest Products Corp.

Company Overview

Cathay Forest Products Corp. develops tree plantations. It also provides sub-concession of harvesting rights and trades logs in the People’s Republic of China. The company also harvests forests in the Russian Federation. It serves pulp and paper industries, harvesting customers, and various wood product industries. Cathay Forest Products Corp. was incorporated in 1987 and is based in Richmond Hill, Canada.

30 Wertheim Court

Suite 14

Richmond Hill, ON L4B 1B9


Founded in 1987





Key Executives for Cathay Forest Products Corp.

Chief Operating Officer
Director of Restructuring
Operations Manager
Age: 61
Compensation as of Fiscal Year 2015.

Cathay Forest Products Corp. Key Developments

Cathay Forest Products Corp. Enters into Agreement to Settle the Proposed Class Action Litigation

Cathay Forest Products Corp. announced that it and others have entered into an agreement to settle the proposed class action litigation previously brought in the Ontario Superior Court of Justice by Mac Killoran and originally disclosed by the company in a news release dated September 12, 2011. The settlement agreement is subject to approval by the Ontario Superior Court of Justice. If approved, the settlement will have a value of CAD 1.9 million to class members, before deductions for legal fees and expenses to administer the settlement. The payment of such amount will be funded by the company's insurer.

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