TSH said in an announcement to Bursa Malaysia yesterday that it would continue to focus on oil palm planting programmes in Indonesia and Malaysia
PETALING JAYA: Sabah-based plantation group TSH Resources Bhd
has proposed to take its 67.46% loss-making unit, Ekowood International Bhd, private at 40 sen per share.
TSH has submitted a formal plan to Ekowood for the proposed privatisation and the latter has to revert by Dec 19 on whether to put forward the plan to shareholders.
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