|Bid||0.0550 x 0|
|Ask||0.0560 x 0|
|Day's range||0.0550 - 0.0570|
|52-week range||0.0300 - 0.1600|
|Beta (5Y Monthly)||0.74|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||0.24|
SINGAPORE (Sept 17): Shares in TEE International rose as much as 31.4% on Tuesday after former CEO Phua Chian Kin, who is currently under investigation, was reportedly seeking to sell a 23% stake in the company. After lifting its trading halt on Monday night, shares in TEE International opened at 4.5 cents on Tuesday, up from its Monday close of 3.5 cents. According to the company’s most recent annual report, Phua owned just over 57% of the company.
SINGAPORE (Sept 15): Phua Chian Kin, the controlling shareholder of Mainboard-listed TEE International, could be selling his shares in the company to certain third-party purchasers. In a bourse filing late on Friday night, TEE International announced that Phua has received offers for the company’s shares held by him. Phua on Sept 13 had informed the integrated engineering, real estate and infrastructure group that he is currently in negotiations for the sale of part of his shares in the company.
SINGAPORE (Sept 8): TEE International is appointing an external third party independent investigator to look into unauthorised payments totalling $6.55 million. The remittances, made by TEE International's wholly owned units PBT Engineering and Trans Equatorial between July 2018 and March 8, were allegedly approved by Phua Chian Kin, the group CEO and managing director. The board and executive committee were also reportedly unaware of these remittances, said TEE International in a Sunday night filing in response to queries by the Singapore Exchange.
SINGAPORE (May 30): TEE International is extending the completion date for the sale of a 28% stake in subsidiary TEE Land to Top Capital Securities by about two months. On May 10, TEE International had announced that it would sell 100.5 million shares in TEE Land -- or a 28% stake -- at 18.6 cents each in cash or totalling nearly $18.7 million. In an announcement before the market opened on Thursday however, the engineering group announced it is in discussions to extend the completion date to no later than July 14.