NOW SHOWING : THE TRILOGY OF FAST & FURIOUS --
" CRAZY & UNUSUAL AMOUNT OF SHARES BOUGHT " ,
" NON STOP BUYING ORDERS "
another IJM Plantation ---T ENACIOUS S AMSON H ERCULES ( TSH )---
NOW SHOWING : THE TRILOGY OF FAST & FURIOUS --
T ENACIOUS S AMSON H ERCULES ( TSH )---
The oil palm industry
in Malaysia started
about 100 years ago
in a modest way. It
was first introduced
to Malaya (now
Malaysia) as a
commercial plant in
1917 at the
Tennamaram Estate
in Selangor, which
effectively laid the
foundation for the
development of
the oil palm industry
in Malaysia.
Malaysia’s having a palm oil party.
You should celebrate, too.
- 25= silver jubilee
- 50 = gold jubilee
- 75= platinum jubilee
- 100 = diamond jubilee
by Palm Oil Health | Mar 24, 2017 | News, Sustainability
This year, Malaysian people are honoring a tree with oil-rich fruit because 2017 marks 100 years of Malaysian palm oil production. This edible oil has made a profound impact on the country. Not only does Malaysian certified sustainable palm oil provide nutrition to more than three billion people worldwide, it has been credited with reducing poverty and improving living conditions in this progressive nation. So why should Americans join in the celebration? Because more than 80 percent of the palm oil used in the U.S. is sourced from Malaysia. You’ll find this “golden oil” in many of your favorite foods, from peanut butters to candy to granola bars.
Here’s what Americans need to know about Malaysian palm oil:
- It’s more nutritious than other cooking oils. Malaysian certified sustainable palm oil is a balanced fat and naturally trans fat-free. It’s also nature’s richest source of heart- and brain-friendly vitamin E tocotrienols, as well as a rich source of other antioxidants. And unlike most of the soybean, canola and corn oil on the market, palm oil is non-GMO.
- Malaysian palm oil is produced by family farmers. Family farmers, called smallholders in Malaysia, are an important part of the Malaysian palm oil industry. These hard-working, independent farmers tend more than 40 percent of the oil palm-planted areas in Malaysia. Many of the smallholders belong to local industry associations. These groups help smallholders earn a fair income. The associations also invest in community infrastructure such as roads and schools.
- Malaysian oil palm plantations are incredibly efficient. Malaysian oil palm plantations produce more oil on less land than any other oilseed crop. A single acre of oil palm produces 11 times more oil than soybeans and 10 times more than sunflower. In fact, this Climate Focus report identifies soybeans as the number two driver of deforestation, behind livestock.
- Malaysia strives for sustainability. Being sustainable is a way of life in this rainforest-loving nation. Case in point: At the very first Earth Summit Malaysia pledged to maintain at least half of its total land area under forest cover. It has kept that promise. Now Malaysia is requiring all local oil palm plantations to achieve the stringent Malaysian Sustainable Palm Oil (MSPO) certification standard by 2019. This will confirm that all Malaysian plantations are following processes that benefit the planet, as well as the Malaysian people and economy. As of January 2017, more one million hectares of Malaysia’s palm planted area have been certified sustainable.
===============================================================
ANOTHER
IJM Plantation
---
CORPORATE
DEAL ?
REAL MOTIVES &
OBJECTIVES OF
THE TOP
MANAGEMENT -
AT CHAIRMAN
LEVEL -
KELVIN
TAN AIK PEN ----
MASSIVE
CONTINUOUS
BUYING ORDERS
(FROM 1 MARCH
2021 TO
1SEPTEMBER
2021 )
NOT MORE THAN
132 TRADING DAYS
ON TSH SHARES .
===============================================================
Please
keep this
information
as a
secret
keep
quiet
stash
away
bury deep
deep
deep
deep
===============================================================
The History Behind the Hercules Hold:
The Pillars of Hercules
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Question number 1 :
Why IJM is hiving off its plantation arm ---
TSH Resources sells two Indonesian plantation units to KLK to pay debts
- Answer :
- TSH will also recognise an RM39 million profit on the disposal.
- Edge TV
- Others
- 新闻
- Frankly Speaking
- EdgeProp.my
KUALA LUMPUR (Aug 26): TSH Resources Bhd is disposing of its 90% stakes in two Indonesian subsidiaries to Kuala Lumpur Kepong Bhd (KLK), realising cash proceeds of RM517.62 million.
TSH said in a statement the money will be used mainly to repay its bank borrowings which amount to RM513.12 million.
Post-disposal, the group’s net gearing will be reduced to 0.48 times from 0.83 times as at Dec 31, 2019.
"The improved gearing will also provide greater capacity to raise additional funding to accelerate the development of its remaining unplanted plantation lands. Upon maturity, the remaining plantation lands will contribute positively towards the TSH Resources group’s financial performance,” it added.
Meanwhile, TSH will also recognise an RM39 million profit on the disposal.
The disposal involved 10,816 hectares of planted oil palm area in East Kalimantan with a combined 231,255 tonnes of fresh fruit bunches production in 2019.
TSH Resources’ wholly-owned subsidiaries TSH Global Plantation Pte Ltd and TSH Oversea Pte Ltd today entered into conditional sale and purchase agreements with Taiko Plantations Pte Ltd, an indirect wholly-owned subsidiary of KLK, for the disposal of their 90% stakes in PT Farinda Bersaudara and PT Teguh Swakarsa Sejahtera.
In a separate filing, KLK said Taiko Plantations will be buying the 90% stakes in the two palm oil companies for a collective US$110.1 million, which will be funded by a combination of the group’s existing cash reserves and bank borrowings.
Taiko Plantations will pay US$76.7 million for the stake in PT Farinda Bersaudara and US$33.4 million for the stake in PT Teguh Swakarsa Sejahtera.
The planted/plantable area of PT Farinda Bersaudara Land and PT Teguh Swakarsa Sejahtera Land totals 17,610 ha, which together with the planted area of KLK’s existing PT Putra Bongan Jaya estates at 10,000 ha, would make up a sizeable 27,600 ha, all located at the same place in Kutai Barat, and will allow for greater economies of scale and operational synergies, said KLK.
TSH Resources’ share price ended one sen or 1.01% lower at 98.5 sen today, valuing the group at RM1.36 billion.
KLK closed 16 sen or 0.7% lower at RM22.64, bringing it a market capitalisation of RM24.42 billion.
Year to date, TSH Resources has fallen 36% from RM1.54, while KLK has dropped 9% from RM24.80.
Edited by S Kanagaraju
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