Tongkah Harbour public company limited is out of the rehabilitation plan after full debt repayment and forward with Business expansion: Manager newspaper, Friday, June 16, 2560
The Company has filed an application for extension of eligibility period for delistingand SET has considered and approved the extension of the period.
On May 25-26, 2560, Mr.U Aye Lwin, the board of directors of MIC has come to bangkok in order to discuss a opportunities to do business in the Republic of the Union of Myanmar.
Tongkah harbour Public Company Limited and its affiliated co-hosted religious ceremonies of monks delivering special prayers dedicated to the late King Bhumibol Adulyadej to express gratitude towards the beloved monarch and perform good deeds in his honor. The management team and staffs present at the royal ceremonies at Dusit Maha Prasat Throne Hall in the Grand Palace on May 10, 2017.
Prof. Pitsanu Bunnual, Consultant and Project Management – Specialist traveled to the Republic of Myanmar to proceed with planning for mineral production and developing tin production line on April 18-20, 2017. Then, on May 4-5, 2017, the project management – specialist went to the mine site again to inspect the mine site and check the performance of the machines.
Quarry at Saraburi
On November 7, 2019, the Management team traveled to Cholsin Mine in order to check the installation of second production line. At present, the 2nd production line has already been used to manufacture in order to increase the volume of the products. As a result, the total capacity of the mines has increased by 40%
Investors visit gold mine,Tungkum Limited
On March 2 – 3, Tongkah Harbour PCL., had brought eighteen investors to visit the Tungkum Limited’s gold mine in Loei province. Mr. Wijit Jiemwijitkul, CEO of Tongkah Harbour PCL.,guided and explained on the manufacturing process as well as security measures for employees and nearby communities. Investors also have the opportunity to meet many villagers in order to confirm the good relationship between the mine’s people and the communities.
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The truth inside the mine witnessed by villagers
On March 3, 2016, Tongkah Harbour PCL., had arranged for nearby villagers to visit the gold mine to understand how the mining operation works. Nearly a hundred villagersfrom neighboring communities visited the Tungkum Limited’s gold mine at Loei Province to prove the fact that the mine has taken measures to take care of the environment and neighborhoods with the highest standard and we also give the villagers an opportunity to ask all the questions regarding their concern.
Progress of the rehabilitation plan
On March 22, 2017, the Central Bankruptcy Court ordered the Company to confirm the debt that we placed again and the court has schedules the date to listen to the court order about the rehabilitation plan on May 8, 2017.
The Company has entered into a tin production contract with NGWE KABAR MYANMAR CO., LTD (the counterparty) as of 21 June 2016, which the employer company has already obtain a production license so Tongkah Harbour can immediately enter the area in order to install machinery for the production line.
The mine covers an area of 812.14 acres, located in Myeik, Republic of the Union of Myanmar. The concession lifetime end on 2022 and The lifetime of the contract is effective until the tin in the area is exhausted or the concession expires.