October 22, 2017 4:29 AM ET

Industrial Conglomerates

Company Overview of Samling Group of Companies

Company Overview

Samling Group of Companies, a conglomerate, engages in forest resource management, oil palm plantation, property development, and automotive business globally. Its forest resource management business includes timber business that covers the supply chain ranging from the management and harvesting of forest resources to transportation, processing, manufacturing, and sales and distribution of wood products, such as log and saw timber, plywood and veneer, flooring, furniture, kitchen and kitchen accessories, doors and door facings, and fiber boards. The company’s oil palm plantation business comprises planting and producing palm oil in Malaysia and Indonesia; and property development business in...

Wisma Samling

Lot 296

Jalan Temenggong Datuk Oyong Lawai Jau

Miri,  98000

Malaysia

Founded in 1963

Phone:

60 8 541 3099

Fax:

60 8 541 0068

Key Executives for Samling Group of Companies

Samling Group of Companies does not have any Key Executives recorded.

Samling Group of Companies Key Developments

United Engineers Attracts Several Bidders

United Engineers Limited (SGX:U04) has attracted many suitors as its core businesses comprise property development, hospitality, engineering and distribution. Oversea-Chinese Banking Corporation Limited (SGX:O39) and subsidiary Great Eastern recently jointly announced that they are conducting a strategic review and have received proposals from several parties regarding their combined stakes in United Engineers (UE) and WBL Corporation (WBL). Perennial Real Estate Holdings Limited (SGX:40S) and its consortium partners have submitted a bid to acquire United Engineers. Other bidders could include KKR & Co. L.P. (NYSE:KKR), Haiyi Holdings Pte. Ltd., Samling Group of Companies and Ascendas-SingBridge Pte Ltd.

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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