TSH Resources Berhad Initiates Voluntary Liquidation of Dormant Subsidiary

Kuala Lumpur, 31 December 2025 – TSH Resources Berhad (“TSH”), a leading plantation company listed on Bursa Malaysia, announced today that its indirect wholly-owned subsidiary, TSH Palm Products Sdn. Bhd. (“TSHPP”), has commenced a member’s voluntary winding up process.

Key Highlights of the Announcement

• Voluntary Winding Up: TSHPP was placed into a member’s voluntary winding up on 31 December 2025, in accordance with Section 439(1)(b) of the Companies Act 2016.
• Appointment of Liquidators: Mr. Leong Kok Tong and Mr. Ng Yong Chin of Folks Corporate Services Sdn. Bhd. have been appointed as liquidators to manage the winding up process.
• Business Status: TSHPP has been dormant since 2022, having ceased all business operations, and there are no plans to revive or pursue any new business activities in the future.
• Financial Impact: The company has stated that the winding up of TSHPP is not expected to have any material impact on the net assets or earnings per share of TSH Resources Berhad for the financial year ending 31 December 2026.

Important Information for Shareholders

• No Material Financial Impact: Since TSHPP is already dormant and has not contributed to group earnings for several years, the voluntary winding up is not expected to be price-sensitive or to affect the share value of TSH Resources Berhad.
• Corporate Streamlining: The liquidation may be seen as part of TSH’s ongoing efforts to streamline its group structure and remove dormant entities, which is generally viewed positively from a corporate governance perspective.
• Transparency and Governance: The announcement demonstrates the company’s commitment to transparency and good governance by keeping shareholders informed of all significant developments, even those with minimal direct financial impact.

Potential Share Price Impact

Given that TSHPP has been dormant since 2022 and the winding up is not expected to impact group earnings or net assets, this development is unlikely to be price-sensitive or to significantly affect TSH’s share price. Investors may view the move as a routine corporate housekeeping exercise.

Conclusion

TSH Resources Berhad’s decision to voluntarily wind up TSH Palm Products Sdn. Bhd. is a standard measure for dealing with dormant subsidiaries and is not expected to have any material effect on the group’s financial position or market value. The group remains focused on its core plantation and resource-based activities.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors are advised to make their own independent evaluation and consult with professional advisors before making any investment decisions.

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