MARC has affirmed its short- and long-term debt ratings of MARC-2 and A respectively on Priceworth Wood Products Berhad’s (Priceworth) RM160.0 million Commercial Papers/ Medium Term Notes Programme (CP/MTN). The affirmed ratings continue to reflect the integrated timber operator’s strong operating track record, a balanced export and domestic revenue base and diversified product lines, ...

Strengths Stable earnings performance from timber product sales over the past 5 yearsHighly integrated operations and a production capacity which places it among the top five manufacturers of processed wood products in Sabah  Diversified range of products and customer baseChallenges/RisksUncertainties posed by its maiden venture into property development activitiesSufficiency of log supply fr...

The affirmation of Priceworth Wood Products Berhad’s (Priceworth) short and long term ratings of MARC-2 and A respectively on its RM160.0 million Commercial Papers/Medium Term Notes reflect Priceworth Group’s improving financials underpinned by growing timber extraction activity/contracting services coupled with expansion of its manufacturing facilities and better outlook of timber p...

The ratings reflect Priceworth Wood Products Berhad (Priceworth) Group’s improving financials underpinned by growing timber extraction activity/contracting services coupled with high operational integration pertaining to its manufacturing activities. The Group’s vulnerability to cyclical developments affecting the timber/wood-based industry remains a moderating factor to the ratings...

The rating upgrade reflects Priceworth Wood Products Berhad (Priceworth) Group’s improving financials underpinned by growing timber extraction activity/contracting services coupled with high operational integration pertaining to its manufacturing activities. The Group’s vulnerability to cyclical developments affecting the timber/wood-based industry remains a moderating factor to the...

The rating affirmation reflects Priceworth Wood Products Berhad (Priceworth) Group’s improving financials underpinned by growing timber extraction activity/contracting services coupled with high operational integration pertaining to its manufacturing activities. The Group’s vulnerability to cyclical developments affecting the timber/wood-based industry remains a moderating factor t...