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TSH Resources Bhd. ( (SG:TSH) ) has shared an update.
TSH Resources Bhd has announced a share buy-back, purchasing 510,000 shares at prices ranging from MYR 1.170 to MYR 1.190, with a total consideration of MYR 602,717.41. This move retains all purchased shares in treasury, contributing to a cumulative 90,625,200 treasury shares, representing 6.55848% of the total issued shares. This strategic buy-back could strengthen TSH Resources’ market position by potentially enhancing shareholder value and signaling confidence in the company’s financial health.
More about TSH Resources Bhd.
TSH Resources Bhd is a company operating in the plantation industry, primarily focusing on palm oil production and related products. The company is listed on the Malaysian stock exchange and is involved in the cultivation and processing of palm oil, a key commodity in the global agricultural market.
Average Trading Volume: 23,262
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$491.7M
For detailed information about TSH stock, go to TipRanks’ Stock Analysis page.