TSH Resources Bhd. (SG:TSH) has released an update.
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TSH Resources Bhd. has announced the buyback of 1,120,000 of its own shares, priced between 1.220 and 1.250 Malaysian Ringgit, with a total expenditure of approximately 1.39 million MYR. These shares will be retained in treasury, increasing the company’s total to over 12 million treasury shares, representing 0.87% of its issued shares. This strategic move could indicate the company’s confidence in its market value and future prospects.
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