Timah Resources Limited (“Timah”), incorporated in Australia in 2007, was listed on the National Stock Exchange (“NSX”) in 2008. Subsequently, it was listed on the Australian Securities Exchange (“ASX”) on 16th September 2015. The company focuses on generating energy to meet the needs of society in a sustainable manner.
Timah creates shareholder value through the generation of biogas renewable energy undertaken by its wholly owned Malaysian-based subsidiary, Mistral Engineering Sdn Bhd (“Mistral”).
Mistral is a green technology company that produces green power from Palm Oil Mill Effluent (“POME”).
Mistral owns and operates a Biogas Power Plant of approximately 4.0MW located in Sabah, Malaysia. The Biogas Plant processes the POME from the adjacent palm oil mill and converts it into bio-fuel to generate electricity.
Timah is a subsidiary of Cepatwawasan Group Berhad (“CEPAT”), a Plantation Group listed on the Malaysian Stock Exchange (KLSE: CEPAT). CEPAT has over 30 subsidiary companies incorporated in Malaysia involved in oil palm cultivation, milling, quarrying and power generation, and it owns 10,290 hectares of oil palm plantations in Sabah.
Timah aims to become a leading renewable energy producer in Malaysia, adopting high standards of occupational health and safety, environmental management and ethics.