TEE International

TEE International: Voyage notes that the $142m contract that TEE just clinched is their largest single project, after its $109m project at Marina Bay Sands Integrated Resorts and $124m project at Asia Square Tower One. House view the win as a good reflection of TEE’s ability to secure high value engineering projects and helps to restore the company’s engineering order book (excluding associates) to more than $240m. Voyage has an Increase Exposure with TP $0.45.