TSH Resources Berhad

TSH Resources Berhad is a Malaysian public company whose origins trace back to the cocoa trading business started by Chairman and Co-Founder Kelvin Tan in Bagan Datoh, Perak, in 1977. The company was incorporated as a private limited company in Malaysia on 7 August 1979 under the name Tan Soon Hong Enterprise Sdn. Bhd. It expanded its cocoa trading operations to Tawau, Sabah, in 1986 before diversifying into oil palm plantation. The company listed on the Second Board of the Kuala Lumpur Stock Exchange on 31 January 1994 and transferred to the Main Board (now the Main Market of Bursa Securities) on 12 June 2000. Today TSH Resources is predominantly an upstream player in the plantation business, with landbanks strategically located in Kalimantan, Sumatera, and East Malaysia. Its plantation footprint encompasses over 51,000 hectares of oil palm planted areas in Malaysia and Indonesia, including management of more than 12,000 hectares under its associate company, Innoprise Plantations Berhad. The group operates four palm oil mills in Indonesia and mills in Malaysia that process fresh fruit bunches (FFB) into crude palm oil and palm kernel. In 2006, TSH ventured downstream into palm oil refining, fractionation, and palm kernel crushing in Sabah through a joint venture with the Wilmar Group. In the early 2000s, the group also diversified into the renewable energy segment by setting up biomass and biogas power plants in Sabah, turning waste from the palm oil value chain into renewable energy. The company upholds high sustainability standards, with certifications under the Malaysian Sustainable Palm Oil (MSPO) and Indonesian Sustainable Palm Oil (ISPO) frameworks. Its "No Deforestation" pledge and Zero Burning Policy reflect its commitment to environmental stewardship, biodiversity promotion, and protection of local communities along its supply chain. TSH Resources is committed to transparency and accountability, fostering partnerships that support sustainable development and create shared value for stakeholders. The group has expanded its business into Indonesia in the 2000s, particularly Kalimantan and Sumatera, in partnership with business entrepreneur Garibaldi Thohir, CEO and significant shareholder of Adaro Group of Companies. TSH Resources Berhad remains active and continues to drive the transition toward a sustainable future for the palm oil industry.

TSH Resources Berhad began with a cocoa trading business started by Chairman and Co-Founder Kelvin Tan in Bagan Datoh, Perak, Malaysia, in 1977. On 7 August 1979, the company was incorporated as a private limited company in Malaysia under the name Tan Soon Hong Enterprise Sdn. Bhd. In 1986, the company expanded its cocoa trading business to Tawau, Sabah, before diversifying into oil palm plantation. The diversification into the oil palm industry started in the 1990s when the group ventured into oil palm cultivation and milling in Sabah. This was followed by expansion into Indonesia in the 2000s, particularly Kalimantan and Sumatera, in partnership with business entrepreneur Garibaldi Thohir, who is the CEO and a significant shareholder of Adaro Group of Companies. The group now has 36,000 hectares of oil palm and four palm oil mills in Indonesia. The company obtained a listing on the Second Board of the Kuala Lumpur Stock Exchange on 31 January 1994, before transferring to the Main Board of the Kuala Lumpur Stock Exchange (now known as the Main Market of Bursa Securities) on 12 June 2000. In 2006, the group ventured further downstream into palm oil refining and fractionation and palm kernel crushing in Sabah through a joint venture with the Wilmar Group. In the early 2000s, the group diversified into the renewable segment by setting up biomass and biogas power plants in Sabah, turning wastes from the palm oil value chain into renewable energy. Today, TSH Resources is predominantly an upstream player in the plantation business with landbanks strategically located in Kalimantan, Sumatera, and East Malaysia. Its plantation footprint encompasses over 51,000 hectares of oil palm planted areas in Malaysia and Indonesia, including management of more than 12,000 hectares under its associate company, Innoprise Plantations Berhad. The group operates four palm oil mills in Indonesia that process fresh fruit bunches (FFB) sourced from its own plantations as well as from scheme smallholders (Plasma), with all FFB fully traceable. In Malaysia, at least 85% of the FFB processed at TSH Palm Oil Mill is sourced from third-party suppliers, and all FFB sourced through TSH's second-tier collection centres is fully traceable. The company upholds high sustainability standards, with certifications under the Malaysian Sustainable Palm Oil (MSPO) and Indonesian Sustainable Palm Oil (ISPO) frameworks. Its "No Deforestation" pledge and Zero Burning Policy reflect its dedication to environmental stewardship, while its focus on promoting biodiversity and protecting local communities ensures positive impacts along its supply chain. TSH Resources remains committed to transparency and accountability, fostering partnerships that support sustainable development and create shared value for all stakeholders.

• 2006

  Ventured into palm oil refining, fractionation, and palm kernel crushing in Sabah through a joint venture with the Wilmar Group.

• 2000

  Transferred to the Main Board of the Kuala Lumpur Stock Exchange (now Main Market of Bursa Securities) on 12 June 2000.

• 1994

  Listed on the Second Board of the Kuala Lumpur Stock Exchange on 31 January 1994.

• 1986

  Expanded cocoa trading business to Tawau, Sabah, Malaysia before diversifying into oil palm plantation.

• 1979

  Company incorporated as a private limited company in Malaysia under Tan Soon Hong Enterprise Sdn. Bhd.

• 1977

  Chairman and Co-Founder Kelvin Tan started cocoa trading business in Bagan Datoh, Perak, Malaysia.

Predominantly an upstream plantation player committed to sustainable palm oil production with MSPO and ISPO certifications, a No Deforestation pledge, and a Zero Burning Policy.

• Crude palm oil (CPO)

  Produced from fresh fruit bunches at TSH palm oil mills.

• Palm kernel (PK)

  A co-product of palm oil milling, further processed into palm kernel oil.

• Refined palm oil and fractions

  Produced at the joint venture refinery with Wilmar International Ltd. in Sabah.

• Renewable energy (biomass and biogas)

  Generated from palm oil value chain waste at power plants in Sabah.

1. 1TSH Resources Berhad Official Websitetsh.com.my
2. 2Our History & Milestones | TSH Resources Berhadtsh.com.my
3. 3Palm Products | TSH Resources Berhadtsh.com.my
4. 4Tsh Resources Berhad - Wikidatawikidata.org