Singapore issues haze pollution notices to two TSH Resources units
KUALA LUMPUR: Two Singapore-incorporated subsidiaries of TSH Resources Bhd have received notices from Singapore's National Environment Agency requiring them to provide documents and information under the Transboundary Haze Pollution Act 2014.
TSH Resources, a Singapore-incorporated plantation group, has received notices from Singapore's National Environment Agency concerning two of its subsidiaries. TSH Overseas Pte Ltd and TSH Global Plantation Pte Ltd were informed on October 23 that they must provide documents and information under the Transboundary Haze Pollution Act 2014.
The filing with Bursa Malaysia revealed that the companies have until November 2 to submit the requested data. TSH Resources stated that it is reviewing the notices and will engage with the agency accordingly. The company's shares opened one sen lower at RM1.14 on the day of the notice, compared to Friday's closing price of RM1.15.
As of now, the stock is trading at RM1.14, down one sen or 0.87 percent, with a trading volume of 1.12 million shares. TSH Resources primarily operates in oil palm cultivation and processing of fresh fruit bunches into crude palm oil and palm kernel. The group's operations are spread across Sabah, Kalimantan, and Sumatra in Indonesia, with a focus on renewable energy, engineered hardwood flooring, and sustainable forest management.
TSH Resources is listed on Bursa Malaysia's Main Market and also has a secondary listing on the Singapore Exchange.
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