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IT is no surprise that TSH Resources Bhd group managing director Datuk Kelvin Tan is less than happy about the price-earnings (PE) ratio the company's shares are commanding.
TSH Resources Bhd expects its 14MW renewable energy biomass power plant in Sabah to be commissioned in July to generate annual profit of RM8mil to RM10mil through sales of power to Sabah Electricity Sdn Bhd (SESB).
SEGENTING Edar Sdn Bhd (SESB), which was recently appointed the sole distributor for Britain-based TP Technology Plc water purification systems in Malaysia, said the venture will generate sales worth RM8mil this year, according to chief executive officer Mohd Safiri Salleh.