Dear Genuine Successful Investors

Today got 2 very good news for TSH RESOURCES

1) TSH GOT 80% PALM OIL ESTATES IN INDONESIA WILL BENEFIT FROM CHINA BUYING MORE CPO FROM INDONESIA

See

China Agrees to Increase CPO Imports from Indonesia

BY :DION BISARA

JULY 27, 2022

Jakarta. China has unveiled a commitment to increase its crude palm oil import from Indonesia by 1 million metric tons, or about a fifth of its annual imports, in a move that should help pare down the Southeast Asian producer's surplus inventories and prop up the commodity prices among local farmers.   

China Prime Minister Li Keqiang conveyed the plan to President Joko "Jokowi" Widodo when they met at Diaoyutai State Guesthouse in Beijing Tuesday. 

Jokowi expressed appreciation of the plan and hoped it would strengthen bilateral trade ties between the two countries. "The opportunity here to increase trade is huge," Jokowi said in a statement.

China is one of the main consumers of Indonesia's CPO and other commodities. In 2021, the world's second largest economy imported 4.7 million tons of CPO from Indonesia, increasing 7 percent from the pandemic low of 4.39 million tons in 2020, according to data from the Central Statistics Agency (BPS). 

Last year's shipment to China accounted for 9.5 percent of Indonesia's CPO export, the second largest after India, BPS data showed. 

Minister of State-Owned Enterprises Erick Thohir, who accompanied Jokowi in the meeting, said the plan should advance Indonesia's agricultural productivity and farmers' welfare.

With this cooperation, Indonesia can increase the certainty of market absorption of farmers' products, Erick said in a separate statement. 

The Indonesian Palm Oil Association (Gapki) said earlier that Indonesia faces a CPO excess supply following the country's brief export ban for the commodity in April.  

Processing plants sit on about 7.1 million tons of unsold CPO early this month, Gapki said, nearing the total capacity of their storage capacity. That, in turn, forces them to decline fresh fruit bunches supply, further driving down prices among farmers. 

To alleviate the problem, the government decided to drop CPO export levies until the end of August, from $55-200 per metric ton previously. 

China's CPO import was among several issues discussed during Jokowi's meeting with Li Keqiang in his two-day visit to China on July 25 and 26. The two countries also seek to strengthen cooperation in trade, investment, infrastructure, finance, funding, and maritime sectors, Jokowi said.

Besides Erick, the Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan, Minister of Foreign Affairs Retno Marsudi, Minister of State Secretary Pratikno, Minister of Investment/Head of BKPM Bahlil Lahadalia, and Indonesian Ambassador to Beijing Djauhari Oratmangun were also present at the meeting.

2) CHINA URGED TO INVEST IN GREENTECH PARK OF EAST KALIMANTAN 

MEANS BULUGAN REGENCY LAND SALE BY TSH FOR RM731.09 CASH AND PROFIT 31 SEN IS NOW A CERTAINTY

See

TEMPO.CO, Jakarta - President Joko “Jokowi” Widodo met with China's Prime Minister Li Keqiang at the Diaoyutai State Guesthouse, Beijing, on July 26. The bilateral meeting produced a number of deals in the economic sector. 

"China expressed a commitment to increase imports of CPO (Crude Palm Oil) by 1 million tons from Indonesia," according to an official written statement from the State Palace. 

In addition, China also pledged to prioritize imports of Indonesian agricultural products. Meanwhile, in the trade sector, the two leaders discussed cooperation in the development of the Green Industrial Park in North Kalimantan.

In his speech, Jokowi asserted China’s role as Indonesia's strategic partner and said the two countries had succeeded in the partnership with mutually beneficial cooperation.

"In the meeting with Premier Li, I hope we can discuss various cooperations, especially in the fields of trade, investment, infrastructure, finance, funding, and maritime," said Jokowi.

The President also mentioned that the trade value between Indonesia and China continues to increase and has already exceeded 100 billion US dollars. Jokowi also hopes that this cooperation can continue to be improved.

Meanwhile, Foreign Minister Retno Marsudi said that Jokowi's visit to Beijing was the first visit by a world leader to take place after the Winter Olympics in Beijing in early 2022. "The main focus of the meeting of the two leaders is to increase mutually beneficial economic cooperation," said Retno.

During his state visit to China, Jokowi also met with President Xi Jinping and talked about a plethora of bilateral issues such as the South-South Cooperation.

FAJAR PEBRIANTO

Read again:

​In addition, China also pledged to prioritize imports of Indonesian agricultural products. Meanwhile, in the trade sector, the two leaders discussed cooperation in the development of the Green Industrial Park in North Kalimantan.

Note: Greentech Industrial Park in East Kalimantan is located in Bulugan Regency in which TSH is selling over 32,000 acres of lands for Rm731.09 Millions with Profit of 31 Sen

PLUS MORE

See This

Minister of State-Owned Enterprises Erick Thohir, who accompanied Jokowi in the meeting, said the plan should advance Indonesia's agricultural productivity and farmers' welfare.

With this cooperation, Indonesia can increase the certainty of market absorption of farmers' products, Erick said in a separate statement. 

Who is this Minister of State-Owned Enterprizes called Erick Thohir?

Answer

He is the brother of Garibaldi Thohir who jointly owned with TSH the Lands for sale in Bulugan Regency

See

Erick Thohir

Erick Thohir (born 30 May 1970) is an Indonesian businessman and politician who has served as Indonesia's Minister of State Owned Enterprises since 2019. He is the founder of Mahaka Group,^[1] a conglomeration that focuses on media, sports and entertainment. Globally known as the former owner and chairman of Italian football giant Inter Milan^[2] and US soccer club D.C. United,^[3] Thohir currently owns English League One team Oxford United and Liga 1 outfit Persis Solo along with Kaesang Pangarep, the youngest son of President Joko Widodo. He was also the president director of ANTV^[1] television station and the chief of the Indonesian Olympic Committee. In 2019, he became a member of the International Olympic Committee (IOC).^[5]

Erick Thohir
10th   Minister of State Owned Enterprises
Incumbent
Assumed office 23 October 2019
President	Joko Widodo
Preceded by	Rini Soemarno
Personal details
Born	30 May 1970  (age 52) Jakarta, Indonesia
Nationality	Indonesian
Residence(s)	Jakarta, Indonesia
Alma mater	Glendale Community College  ( BA) [1] National University,   California  ( MBA) [1]
Occupation	Businessman, entrepreneur
Known for	Vice President Commissioner of   Mahaka Media [1] Former owner and chairman of   Inter Milan [2] Former owner of   D.C. United [3] Former president director of   Visi Media Asia [1] President of   INASGOC [4] Former president director of   antv President Director of Masyarakat Ekonomi Syariah Owner of   Persis Solo

READ THIS

Early and personal life[edit]

Erick Thohir was born on 30 May 1970.^[6] His father, Teddy Thohir, was a co-owner of the automotive group Astra International with William Soeryadjaya.^[7][8] His brother, Garibaldi Thohir, is an investment banker and entrepreneur in the energy sector. He also has a sister, Rika Thohir.^[8] As a child, the younger Thohir helped the family business.^[7]

Thohir received his master's degree in 1993 from National University (California), United States.^[7]

Currently, Thohir's family holding company, TNT Group, has large investments in the Indonesian energy, foods, property and media industries. In 2015, the TNT group had a revenue of $1.1 billion.

Read again

​ His brother, Garibaldi Thohir, is an investment banker and entrepreneur in the energy sector

Garibaldi is the Joint Owner of Bulugan Regency Lands with TSH as well as others in East Kalimantan

South of Bulugan Regency is the Super Boom Zone of Nusantara in Which TSH has another 94,700 Acres of Prime Lands

Wizman

BILLIONAIRE GARIBALDI THOHIR OF PT ADARO ENERGY - TSH INDONESIA PALM OIL ESTATE PARTNER
TheStar: Friday 22-4-2022 - Billionaire To Use Profit Boom For Green Shift
JAKARTA: PT Adaro Energy, one of Indonesia’s biggest coal miners, is shifting to renewable energy after
making a fortune from surging commodity prices. The company led by Garibaldi Thohir, the older brother
of State Enterprises Minister Erick Thohir, is building solar-powered plants with over 200 megawatt
capacity on retired mine sites in Kalimantan, Batam and Bintan provinces.

It will also build hydro power plants in a green industrial park being set up by the government in North
Kalimantan.“We want to cease our dependence on coal,” Garibaldi said in an interview on Tuesday.
We want to “move to renewable energy with the final goal of having an entity called Adaro Green Energy.”

Adaro plans to use the excess profit last year and this year to help fund its 10-year pivot to clean energy,
said Garibaldi. The group’s net income soared more than 500% in 2021 as coal prices surged amid a
supply crunch. Profit is forecast to climb further this year as the Ukraine war is pushing prices even
higher. The company’s move bodes well for Indonesia, the world’s largest thermal coal exporter, which
needs to double the national renewable energy capacity by 2025 to reduce carbon emissions. For a
start, new unit Adaro Aluminium Indonesia will develop a facility in Kalimantan Green Industrial Park
to produce 500,000 tonnes of aluminum ingots in 2024.

Thohir said he wants the group to take part in president Joko Widodo’s ambition to develop an end-to-
end electric vehicle (EV) battery industry in the country that is also the world’s largest producer of nickel,
a key material in battery making.Indonesia could become a world leader of the industry in 20 years’ time,
he said. About US$1bil (RM4.28bil) may be spent on the smelter to cater for metal demand for EV
components, he said, adding that the co will seek a partner for the project. “I see cars with eco-labels
in the future and we can have those cars built here in Indonesia,” Garibaldi said. — Bloomberg

Market Talk:-
The Indonesian Government on the shifting of the administrative capital of Indonesia to East
Kalimantan has a positive effect as it will accelerate the economic and infrastructure
development in East Kalimantan where TSH plantation is located.

TSH bought the North Kalimantan estate together with Indonesia partner [10% stake]
Garibaldi Thohir in 2011. The remaining 4 estates in Kutai Barat & Timur which TSH
bought 2006-2013 could share the same trusted, well-connected powerful
Indonesia partner [10% stake],Garibaldi Thohir.

1 month ago

Now Those Kutai Lands are going up everyday like "hot cakes"

Wizman

To recap bursa announcement on 4th April 2022:-
TSH 90% owned subsidiary, Bulungan Citra Agro Persada [BCAP] sold 13,214.90 hec together with adjoining
683.36 hec Tanah Kuning village & Mangkupadi village,Tanjung Palas,North Kalimantan to PT Kawasan
Industri Kalimantan Indonesia [KIKI] & PT Kalimantan Industrial Park Indonesia [KIPI].

For shareholders' information, the land disposal is regarded as a related party transaction & the said land
has been earmarked for the development of an integrated green industrial estate in North Kalimantan
by the government of Indonesia.

Seller: BCAP shareholder - TSH Logistics Sdn Bhd 90% & Garibaldi Thohir 10%.
Buyer: Indonesia's PT Kawasan Industri Kalimantan Indonesia [KIKI]
& PT Kalimantan Industrial Park Indonesia [KIPI].
Raden Harry Zulnardy is the Director of BCAP & KIKI & KIPI.
[pls read bursa announcement on 4April'22, page16:section9(ii)]

1 month ago

SEE THE INFO GATHERED

Wizman

I ask Indonesia's based real estate company to check TSH one of the palm oil estate in
Desa Rantau Makmur, Tanjung Labu, Kecamatan Rantau Pulung, Kabupaten Kutai Timur,
Kalimantan Timur. Total land area = 18,372 acre/7,435 hectare.

According to them, the surrounding market value as below:-
2nd road/2nd tier = RM7.00psf - RM14.00psf
main road/1st tier = RM27.80psf - RM41.80psf

Market Value / Total Land MV / TSH Share Price
RM7.00psf - $5,601,990,240/ $4 per share
RM14.00psf - $11,203,980,480/ $8 per share
RM27.80psf - $22,247,904,096 / $16 per share
RM41.80psf - $33,451,884,576 / $24 per share
[TSH total shares = 1,380,173,509]

Let's see average market value ($4+$8+$16+$24÷4)
= RM13 per share
[only one palm oil estate taken for calculation]

TSH indeed severely undervalued?

1 month ago

TSH NOW FACE A VERY BRIGHT FUTURE PROSPECTS

DIRECTORS/INSIDERS ARE BUYING EVERYDAY AS IF NO TOMORROW

TSH Now Rm1.00

Our One Year Target Price is Rm2.70

Best & Warmest Regards

Calvin Tan

Please buy or sell after doing your own due diligence or consult your remisier/fund manager

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