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TSH Resources Berhad: Strong secondary listing on Singapore bourse

TSH Resources Berhad's secondary listing on the Singapore Exchange (SGX) on Tuesday marked a major milestone for the company.。Company shares show positive market reaction in first trading day, up 1.1%, closed at 0.S $295。

TSH Resources Berhad's secondary listing on the Singapore Exchange (SGX) on Tuesday marked a major milestone for the company.。Company shares show positive market reaction in first trading day, up 1.1%, closed at 0.S $295。This development not only demonstrates the fruits of TSH Resources "strategic growth, but also offers exciting prospects for potential investors.。

Company Profile

TSH Resources is an important player in the Malaysian plantation sector, focusing on oil palm cultivation and processing in Malaysia and Indonesia, with a focus on areas such as Sabah, with a market capitalization of 4 on the Singapore Exchange..S $05.7 billion。As a diverse part of the Singapore Exchange's agricultural and food sector, the company manages a wide range of growing areas and operates six factories.。

Why Invest in TSH Resources?


1.Strong market position and expansion plans

TSH Resources is strategically positioned in the growing global edible oil market。The company plans to develop an additional 7,000 to 10,000 hectares of plantation land in Malaysia and Indonesia and explore acquisition opportunities to optimize oil extraction rates and address operational bottlenecks.。

2.Strong sustainability initiatives and experienced management team

Investors can find assurance in TSH Resources' commitment to sustainability and experienced management team。The balanced age structure of the company's oil palm plantations ensures stable production, while sustainability initiatives highlight the company's commitment to responsible practices。

3.Financial Resilience and Global Impact

TSH Resources Shows Higher Core Profit in Q2 2023 Despite Market Challenges。The company's revenue and non-current assets are mainly derived from international markets, indicating its strong global presence and diversified revenue sources.。

Prospect

The Malaysian Palm Oil Council (MPOC) predicts that the palm oil market will be bullish, with demand dynamics showing a promising upward trend, especially from India, China, ASEAN and the Middle East and North Africa.。This, combined with the company's strategic expansion plans and sustainability initiatives, outlines a dynamic future。As shown by the share price movement of the initial listing on the Singapore Exchange, this reflects investor confidence in the company and the excitement of the company's future.。

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