
INVESTIGATION BY THE COMMERCIAL AFFAIRS DEPARTMENT – MR BERTIE CHENG SHAO SHIONG, INDEPENDENT DIRECTOR OF THE COMPANY
 
The Board of Directors of the Company (the “Board”) wishes to announce that the Company has been informed by its Independent Director, Mr Bertie Cheng Shao Shiong (“Mr Bertie Cheng”), that he is being investigated by the Commercial Affairs Department of the Singapore Police Force (“CAD”) on possible contravention of market rigging provisions under the Securities and Futures Act (Chapter 289), in relation to the shares of TEE International Limited (“TEE”). Mr Bertie Cheng is the Independent and Non-Executive Chairman of TEE. Please refer to the announcements of TEE announced via the SGXNET on 1 April 2012 and 2 April 2012 (the “TEE Announcements”). TEE is unrelated to the Company and its subsidiaries (the “Group”) and has not had any commercial dealings with the Group. As far as the Board is aware, the aforesaid investigations do not relate to the Group. Mr Phua Chian Kin, TEE’s Group Chief Executive and Managing Director (who is also investigated by the CAD as mentioned in the TEE Announcements) is not an employee of, and does not hold any office or position in, the Group. The Board wishes to state that the business and operations of the Group are not affected by this matter. BY ORDER OF THE BOARD Tan San-Ju Company Secretary 5 April 2012
ho ho not bad! thanks a lot ,bro !

james87 ( Date: 04-Apr-2012 21:32) Posted:
|
is 1 cent. 1 lot = 1000 share = $10 
gary88 ( Date: 04-Apr-2012 21:27) Posted:
|
may i know $0.01 per share is  per share give $1 or $10  ?
rvd023 ( Date: 04-Apr-2012 16:35) Posted:
|
Don't care lah. Take dividend first. Heard that they are giving out $0.01 per share. Any concrete figures. 
august ( Date: 01-Apr-2012 18:56) Posted:
|
Any idea when will the result of the excess right's application be known ??
  Thanks,
This co has the pattern of Globval Voice, now Eunetworks. Rights issue after rights issue, see price of stock go down from 23 cents to 0.17 cents. Besides funding directors pay I am not sure what good came out of the funds obtained.
i hope its shareholders lose confidence of this stock n dump it heavily.
Den can buy in cheap.. wait for awhile den sell in 6 mth to 1 yr.. bec this crap cannot hold too long de 
sgnewbie ( Date: 16-Mar-2012 09:03) Posted:
|
Kim Eng on 16 Mar
http://sg-shares.blogspot.com/2012/03/pacific-andes-resources-development.html 
Hi Im new to the right issues idea, any sifus here can kindly explain what is it in layman terms?
how do i execute the right? (say i have 10,000 units of shares)
Thanks~ 
tankuku ( Date: 07-Mar-2012 13:39) Posted:
|
This company will have a rights offer every few years.. So if you are in for long term.. better take profit when its up.. then wait for their corporate actions..
Else you will get caught again again n again 
currently trading  1cent above post right...
Share will fall after post right... Too  diluted... (4.8billions after rights) 
Giving out right at 1 for 2 ordinary shares at  discount $0.14
With the divident  return of about 4% to 6% yearly, it is worth buying.
Do monitor and good luck
haha.. just wait for the rebound after correction over. :)
coocoobond3 ( Date: 01-Mar-2012 19:51) Posted:
|
Cheong ahhhhh
If the market go north this one still has room above. Following...maybe next week, I hope.
Well, if you buy anything 2 months ago you will be laffing all the way to the bank. This guy has low PE, now 7.43,  historical PE 7.9, still has some leg to go if no one " spike" it.
52 Week High [2011-04-06] (SGD) 0.355,
52 Week Low [2011-12-29] (SGD) 0.191
DJ MARKET TALK: Kim Eng Tips Basket Of 10 Singapore Small-Caps , It tips AusGroup (5GJ.SG), Broadway Industrial (B69.SG), China Minzhong (K2N.SG), Eratat Lifestyle (FO8.SG), Lian Beng (L03.SG), Li Heng Chemical Fibre (E9A.SG), Mercator Lines (EE6.SG), Midas Holdings (5EN.SG), Pacific Andes Resources (P11.SG) and Raffles Education (NR7.SG).
My guess is it may reach 30cents, still is good value. I am holding and add on weakness..
 
 
Anyone who bought in at 20c or less would have a great smile in place now.. missed it... *sighx*, bought in higher, but still satisfied overall. Still uptrending, but slowly... watching out for any bearish signs now.. and will lock in my profit. News from Europe this Wed will be quite important. During periods of relative economic stability, this coutner is always at or close to 30c, so thats my TP, but again, will let go at any sign I feel is bearish. )
thomas_low ( Date: 06-Jul-2011 22:00) Posted:
|
Perfect timing to go in, this one good bet. But must keep, stable and on the rise.