Nature Wood Group Limited Announces Change in Controlling Shareholder Following Completion of Private Share Transfer

Core Points - Nature Wood Group Limited announced a change in its controlling shareholder following a private transaction [1] - The transaction involved the transfer of 114,974,179 ordinary shares, representing approximately 86.82% of the company's issued and outstanding shares [2] - TUTU Business Services Limited became the new controlling shareholder after the completion of the share transfer [3] Company Overview - Nature Wood Group Limited is a leading vertically-integrated forestry company based in Macau, focusing on the timber and wood products industry [4] - The company's operations encompass both upstream forest management and downstream wood-processing and distribution [4] - Nature Wood offers a wide range of products, including logs, decking, flooring, and sawn timber, primarily through its sales network across Europe, South Asia, South America, North America, and China [4] - The company is recognized as one of the largest exporters of wood products in Peru [4]