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TSH Resources Bhd. ( (SG:TSH) ) has shared an update.
TSH Resources Bhd announced a share buy-back on January 20, 2025, purchasing 160,000 shares at a price range between MYR 1.190 and MYR 1.200, totaling MYR 192,467.76. The shares will be retained in treasury, increasing the cumulative net outstanding treasury shares to 19,840,200 units, which represents 1.47762% of the total issued shares. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure.
More about TSH Resources Bhd.
TSH Resources Bhd is a company involved in the plantation industry, primarily focusing on the cultivation and processing of palm oil products. The company operates in Malaysia and is known for its commitment to sustainable palm oil production.
YTD Price Performance: -6.58%
Average Trading Volume: 17,691
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: S$494.4M
For a thorough assessment of TSH stock, go to TipRanks’ Stock Analysis page.
