What you need to know about new firm TEE Resources

It is a subsidiary of TEE International Limited.

The Board of Directors of TEE International Limited announced that the company has established a new wholly-owned subsidiary, TEE Resources Pte. Ltd.

TEER is incorporated in Singapore with the initial issued and paid-up capital of S$1. The principal activity of TEER is investment holding.

The investment was funded through internal resources and is not expected to have any material impact on TEE International’s net tangible assets or earnings per share for the financial year ending 31 May 2013.

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