TSH Resources reports 274 hot spots within estate boundaries after SGX queries over haze
The company says these are in community enclaves outside areas it directly manages
TSH Resources, a Malaysian plantation company, reported 274 hot spots within its estate boundaries in Indonesia between January and October 21, 2023. However, the company clarified that none of these fires occurred within its planted or operational areas, but rather in community enclaves outside its direct management. The disclosure came after Singapore Exchange (SGX) Regulation (RegCo) inquired about the company's role in the transboundary haze affecting the region due to forest and peatland fires in Indonesia.
TSH has been operating 36,000 hectares of planted areas in Kalimantan and Sumatra since 2022, and has implemented a zero-burning policy since 2009, prohibiting the use of fire in land preparation, new planting, and replanting activities.
Brief written by urgent.news from The Business Times - Singapore's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
