COMPANY SAYS OPERATIONS DID NOT CONTRIBUTE TO HAZE
According to its SGX profile page, TSH Resources has oil palm plantations and palm oil mill in Sabah, Malaysia, as well as Kalimantan and Sumatera in Indonesia.
Among SGX’s questions were whether the company’s operations had contributed to the haze and whether it had received any allegations or enquiries about the recent fires in Indonesia or the haze.
TSH Resources said it had not been named or issued any notices by environmental agencies in connection with the recent transboundary haze.
It also shared that it received an enquiry from its customer, Apical Group, on Sep 1 about hotspots in PT Farinda Bersaudara, one of its subsidiaries.
PT Farinda Bersaudara was acquired by TSH Resources in 2008, according to the latter’s website.
The company said it had clarified that the hotspots occurred within community enclaves outside its operational area.
“Apical was satisfied with our clarification,” it added.
TSH Resources did not receive any other official enquiries and there were no media highlights about the company as of Oct 15, it said.
MEASURES IN PLACE
TSH Resources said it enforces a zero-burning policy across its operations, including land preparation, new planting and replanting.
The policy also extends to its contractors and suppliers, it added.
The company said it has fire prevention and emergency response measures in place, including regular ground patrols, trained firefighting teams and satellite monitoring.
“TSH’s in-house LiTUP system integrates multiple satellite data sources to monitor hotspots within concession boundaries and a 2km-buffer zone, providing updates approximately every three hours to support early detection and timely response,” it added.
The company said it also maintains its firefighting infrastructure, equipment and trained squads in accordance with legal standards in Indonesia.
Its Indonesian estates are certified under the Indonesian Sustainable Palm Oil scheme, which is subject to regular third-party audits.
The company said it had put in place the necessary measures to prevent, monitor and respond to fires, and did not consider further disclosure necessary as there had been no incident with a material impact on the group.