Tourism Holdings has received revised non-binding proposals from the BGH Capital-led consortium and Indie Campers after due diligence largely concluded. The board is not recommending either bid and has not disclosed prices. BGH offered $3.10 a share in May, valuing THL at about $686 million, while Indie Campers proposed $3.30 to $3.40 in June, up to $752 million. BGH already holds about 19.9% of THL. The company reported a statutory net profit of $39.9 million for FY26, compared with a $14.1 million loss a year earlier.
