Theme International Holdings Limited has announced its strategic plans to enhance its operations in the mining resources sector. The company intends to utilize proceeds from a recent subscription of new shares to fund various initiatives. Approximately 10-20% of the proceeds will be allocated towards expanding its business in Indonesia through acquisitions or joint ventures, with expected completion within nine months. Additionally, the company plans to use 10-20% of the funds for the construction of logistics transportation systems and fleets, aiming for full utilization within the same timeframe. The remaining balance will be directed towards general working capital. These strategic moves are part of the company's efforts to comprehensively expand its operations and business activities in the sector.
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