Tee International

SGX reprimands Tee International and its former CEO over failure to disclose claims

ENGINEERING company Tee International and its former chief executive officer and managing director Phua Boon Kin have been reprimanded by the Listings Disciplinary Committee (LDC) of the Singapore Exc...

Trading in the mainboard-listed company’s shares has been suspended since Jun 18, 2021.

Tee International receives SGX delisting notice

MAINBOARD-LISTED Tee International has received a notification of delisting from the Singapore Exchange (SGX), the company said in a bourse filing on Friday (Jan 12).

Foo Kon Tan had previously expressed a disclaimer of opinion in its independent auditor’s report dated Jan 13, 2023, in respect of the group’s FY2022 financial statements.

Auditor issues disclaimer of opinion on Tee International’s FY2023 financial statements

TEE International’s independent auditor, Foo Kon Tan, has issued a disclaimer of opinion relating to the group’s financial statements for the financial year ended Sep 30, 2023.

Tee International says that the proposed acquisition is a strategic investment by the group as the manufacturer’s existing business is complementary to its previous core engineering and construction business segment.

Tee International to acquire signage manufacturer for S$14 million

ENGINEERING services company Tee International is proposing to acquire a sign and advertising display manufacturer for S$14 million, it announced on Thursday (Dec 14).

Tee International expects to require more time to be able to prepare a viable resumption proposal. .

Tee International seeks extension for revised trading resumption proposal

TEE International will apply for a further extension of time to submit its revised trading resumption proposal, after it extended the longstop date of its subscription agreement with Meta5.

OxPay Financial’s board notes that while Ng Kok Peng will be arrested, charges may not be filed.

Tee International’s former CFO Ng Kok Peng to be arrested by CAD

FORMER Tee International chief financial officer and current CFO of OxPay Financial Ng Kok Peng has been notified that he will be placed under arrest and released on bail.

Trading in Tee International’s shares has been suspended since June 2021.

Tee International enters agreement for loan of up to S$1.8m to fund restructuring

TEE International has entered an agreement for a term loan of up to S$1.8 million with Meta5, an entity that had previously subscribed to its shares, the mainboard-listed company announced in a Friday...

In February, Tee received an order on Feb 17 to assist the Commercial Affairs Department with an investigation regarding an offence under the Securities and Futures Act.

DBS enters agreement to sell property under Tee International

DBS has inked an agreement to sell 33 Changi North Crescent (33CNC), a property under embattled Tee International that the bank is conducting mortgagee sales for. (*see amendment note)

Chua was appointed as the group’s CFO on Oct 10, 2021 to chart the group’s business strategies and be responsible for the corporate finance of the company including listing compliance and investor relations. He was also overseeing its financial reporting and accounting.

Tee International’s CFO Chua Siong Kiat resigns

TEE International announced on Thursday (Nov 3) that its chief financial officer (CFO) Chua Siong Kiat is resigning to pursue other career opportunities and his role will be undertaken by the group’s ...

Tee International has entered into a conditional subscription agreement with Meta5 to issue new shares in the company worth S$7.5 million.

Tee International to issue new shares worth S$7.5 million, proposes debt restructuring 

TEE International has entered into a conditional subscription agreement with Meta5 to issue new shares in the company worth S$7.5 million.