Dear friends of i3 investor forum,
EGM is announced today
See
TSH RESOURCES BERHAD |
Type of Meeting | Extraordinary |
Indicator | Notice of Meeting |
Description | Extraordinary General Meeting ("EGM") |
Date of Meeting | 28 Aug 2023 |
Time | 10:00 AM |
Venue(s) | Online Meeting Platform at https://meeting.boardroomlimited.my/ (Domain Registration No. with MYNIC-D6A357657) Malaysia |
Date of General Meeting Record of Depositors | 21 Aug 2023 |
RATIONALE FOR THE PROPOSALS
3.1 Proposed Secondary Listing
The Proposed Secondary Listing is expected to benefit TSH and its shareholders in the following
manner:
(i) the Proposed Secondary Listing is expected to expand and diversify the shareholder base
of TSH and to improve the trading liquidity of the Shares as the SGX-ST would be an
additional platform on which the Shares can be traded;
(ii) the Proposed Secondary Listing would provide an additional avenue for fundraising via the
capital market in Singapore, providing the Company with a larger pool of funds to tap into
as well as the flexibility to select the most cost effective equity market from which it can
raise funds for the Group’s future requirements; and
(iii) the Proposed Secondary Listing will strengthen the Company’s presence in Singapore,
which may attract wider research coverage from research houses in Singapore and hence
greater attention from the international investors and traders who invest in securities listed
on the SGX-ST, as well as generate higher visibility for the businesses of TSH and its
subsidiaries.
to improve the trading liquidity of the Shares as the SGX-ST would be an
additional platform on which the Shares can be traded;
2. EXCELLENT AVENUE TO RAISE FUNDS IN MOST COST EFFECTIVE WAY
providing the Company with a larger pool of funds to tap into
as well as the flexibility to select the most cost effective equity market from which it can
raise funds for the Group’s future requirements; and
(iii) the Proposed Secondary Listing will strengthen the Company’s presence in Singapore,
which may attract wider research coverage from research houses in Singapore
hence
greater attention from the international investors and traders who invest in securities listed
on the SGX-ST, as well as generate higher visibility for the businesses of TSH and its
subsidiaries.
KUDOS TO THE MANAGEMENT TEAM OF TSH RESOURCES!
WELL DONE!
NOTE: DIRECTOR OF TSH DATUK KELVIN TAN AIK PEN HAS INCREASED HIS TOTAL SHAREHOLDING OF TSH FROM 263 MILLION SHARES (SEE BURSA ANNUAL REPORT YEAR 2022) TO 340 MILLIONS ( 2023) FOR AN INCREASE OF ALMOST 30% MORE CONFIDENTLY
UPCOMING NEWS
1) QoQ TSH's FFB HARVEST IMPROVED BY 11%
WITH ONLY RM95 MILLION LOAN LEFT AND LITTLE DEBT INTEREST TSH WILL SEE SAVINGS
2) BALANCE SUM RM273 MILLIONS OF LAND SOLD WHEN IN WILL MAKE TSH DEBT FREE AND CASH RICH
AND WHILE PALM OIL OPERATIONS GETTING BETTER AND BETTER THE 94,700 ACRES "GOLD MINE" LANDS IN NUSANTARA (COST RM5K) IS GOING UP IN VALUE BY THE DAY AND BY THE WEEK, MONTH AND MANY GOOD YEARS TO COME!
Kindest regards
Calvin Tan
Please buy/sell after doing your own due diligence or consult your Remisier/Fund Manager
Created by calvintaneng | Jul 24, 2024
Created by calvintaneng | Jul 15, 2024
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calvintaneng
Date of Meeting 28 August 2023 at 10.00 am
All please register early and GIVE YOUR FULL SUPPORT!
2023-08-03 19:12