DATUK KELVIN TAN AIK PEN

Malaysia

Male

66

Chairman

Non Independent & Non Executive

Honorary Doctorate in Philosophy (Agroforestry) by University Malaysia Sabah.

Kelvin is the Chairman and Co-Founder of the Company. He has been a Director of TSH since 17 January 1986.
He also sits on the board of a number of private companies.
In 1997, Kelvin started the cocoa trading business in Bagan Datoh, Perak. Anticipating that national production of cocoa would be centered in the east coast of Sabah, he made a step to expand to Tawau in 1986. He pioneered the integrated concept of cocoa business with both upstream sourcing and downstream processing.
In 1988, CocoaHouse Industries Sdn. Bhd., a joint venture with the Commonwealth Development Corporation of UK, set up a cocoa butter/powder processing plant in Port Klang.
Kelvin embarked on a similar approach with oil palm. In the 1990's, he established oil palm plantations and palm oil mills in Sabah. To enhance the economic and environmental sustainability of TSH's oil palm business, a biomass cogeneration plant was built in 2004. In 2006, TSH-Wilmar Sdn. Bhd., a downstream palm oil refinery joint venture was set up with Wilmar as a partner.
Kelvin with business entrepreneur, Garibaldi Thohir, expanded TSH's operations to Indonesia in 2003, which now has 36,000 ha of oil palm and 4 palm oil mills, transforming TSH into a regional integrated oil palm plantation player with upstream and downstream activities.
Garibaldi Thohir is the CEO and a significant shareholder of Adaro Energy.
TSH was listed on the Second Board of Bursa Malaysia in 1994, before being subsequently elevated to the Main Board in 2000.
Kelvin was also the catalyst and spearheaded the secondary listing of TSH on the Main Board of Singapore Exchange Securities Trading Limited in September 2023.
He spearheaded the biodiversity conservation programme in the ultramafic forest of the Meliau Range in close collaboration with the Sabah Forestry Department. From 2010 to 2013, he was the trustee of the Borneo Conservation Trust Sabah.

(i) Ekowood International Berhad;and (ii)Innoprise Plantations Berhad

He is a brother of Tan Aik Kiong.

He holds 342,708,887 ordinary shares in TSH Resources Berhad