TEE Intl

TEE Intl: Co’s subsi TEE M&E Engineering Sdn Bhd, has been awarded MYR78.4m (approx $31.8m) to supply a power distribution system to Kelana Jaya LRT extension project. The project will cont from 10 October 2011 to 9 May 2014. Including this co has an outstanding order book of approx $312.9m for its engineering segment. Co currently trades at current P/E of 5.6x