| Latest Forum Topics / TEE Intl |
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TEE International
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TraderBen
Supreme |
16-Sep-2019 09:59
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4 cents to take pte won?t be approved by SGX.. need fair offer. Nav still 15 cents at least | ||||
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commando
Master |
16-Sep-2019 09:54
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Haha....0.04 nia..
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Sgvale
Supreme |
16-Sep-2019 09:51
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Tonight there will be announcement to buy up all shares & take private at 0.04. Haha......
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gravity8888
Supreme |
16-Sep-2019 09:43
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Halt is 3 days.. So tml the last day? | ||||
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TraderBen
Supreme |
16-Sep-2019 09:35
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If still no news need to call for suspension Liao.. I think prob will take awhile ba | ||||
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noobnub
Supreme |
16-Sep-2019 08:46
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dont worry i think even if buyin from sgx u maybe still can make abit money. 
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Starwar88
Supreme |
16-Sep-2019 08:44
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Maybe unhalt after lunch break?
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gravity8888
Supreme |
16-Sep-2019 08:43
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Ho Sei still no news?? | ||||
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Shifu8888
Supreme |
16-Sep-2019 08:21
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Ho sei Liao! | ||||
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ysh2006
Supreme |
16-Sep-2019 05:18
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That is why the board won't know but only Towkay know hor.who own the company !!..
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Maller
Elite |
15-Sep-2019 22:46
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Wow, focus on this sentence is news: Based on the  information provided to the board by Mr Phua, the board is not aware if the potential transaction, if completed, will lead to an offer for the shares of the company in due course. dyodd   |
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commando
Master |
15-Sep-2019 22:02
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Ok..
Noted
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shk363
Elite |
15-Sep-2019 21:49
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dunno when unhalt maybe can try to tikam at below $0.04 | ||||
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noobnub
Supreme |
15-Sep-2019 21:39
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guess u didnt read what i wrote properly.
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FrancisLim
Elite |
15-Sep-2019 21:06
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If there are offers to buy the controlling shareholder' s shares, there will be a pause in the banks' foced sale. The interested parties could have also scooped the shares from the market at the 3-4 cents price range. If the halt is lifted, the price will see much actions.   |
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commando
Master |
15-Sep-2019 21:03
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Wonder whos the other party....wat price was offered?....
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noobnub
Supreme |
15-Sep-2019 20:55
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now wait and see the price towkay receives for his shares and we can guess again.......premium then its somebody.......at a discount then its samebody.  now may have to sneakily control the company
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guards80
Supreme |
15-Sep-2019 20:24
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Tee International controlling shareholder Phua Chian Kin receives offers for his sharesMAINBOARD-LISTED engineering group Tee International announced late last Friday that its board has been informed by the company' s controlling shareholder, Phua Chian Kin, that he has received offers for the shares in the company held by him. Mr Phua, who has been in the spotlight for allegedly instructing unauthorised transactions totalling S$6.55 million made by Tee International subsidiaries to related parties, also updated the company on the same night of his shareholdings in the company, which stands at a direct interest of 39.24 per cent and deemed interest of 6.37 per cent. In a regulatory filing with Singapore Exchange, Tee International said: " Mr Phua has informed the board that he is currently in negotiations with certain third-party purchasers for the sale of part of his shares in the company. Based on the  information provided to the board by Mr Phua, the board is not aware if the potential transaction, if completed, will lead to an offer for the shares of the company in due course. " If and when there are any material developments which warrant disclosure, the company will, in compliance with applicable rules, make further disclosures (if required) as appropriate." The company stressed that shareholders  should note that there is no assurance that the potential transaction will materialise or that any definitive or binding agreement will be reached. If any definitive or binding agreement is entered into, such agreement may also be conditional and there is no assurance that any potential transaction will be completed. " Shareholders are advised to exercise caution in trading their shares," Tee International added. Mr Phua' s updated shareholdings data in Tee International takes into account forced sales of three tranches of shares under his direct interest - separately by three institutions to whom he had pledged parts of his shareholdings. RHB Securities force sold nearly 41.52 million shares, DB Nominees (Singapore) forced sold 21.88 million shares, and SBS Nominees force sold 18.81 million shares. Prior to the above forced sales, Mr Phua' s direct interest was 51.95 per cent and deemed interest, 6.37 per cent. The deemed interest, comprising nearly 41.24 million shares, has not been affected by the above forced sales. It consists of nearly 1.24 million shares held by Mr Phua' s spouse, Tay Kuek Lee, and 40 million shares held by OCBC Securities through a share financing arrangement. http://www.businesstimes.com.sg/companies-markets/tee-international-controlling-shareholder-phua-chian-kin-receives-offers-for-his |
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Shifu8888
Supreme |
14-Sep-2019 21:48
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Yeah. I am watching too.... | ||||
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Sgvale
Supreme |
14-Sep-2019 21:34
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Shortists & Longists argue according to their share positioning. Just wait for the announcement out & continue ba.......I am sidelining watching the show. | ||||
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