Tuesday, September 11, 2012

TEE Intl

TEE Intl: Co is issuing div of $0.0125 (ex-date 20th Nov) and a special div of $0.005 (ex-date 14th Dec). Besides that, a slew of investments were announced in late Aug till early Sep. Most recently, Co entered into a 45% owned JV with KSH and Heeton to develop freehold properties in Lorong 32 Geylang. Another 35% JV with Heeton, priv co Zap and Futuris was also undertaken to develop Sam Leong Mansion in Farrer Park. Co acquired Hillside Gardens for development as well.

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