Tee Land

Results

TEE Land's 1Q earnings drop 96.3% to $22,000 on higher expenses

SINGAPORE (Oct 11): TEE Land reported earnings for the 1Q18 fell 96.3% to $22,000 compared to $597,000 a year ago.

TEE Land acquires land at Seraya Crescent for $26 mil to build apartments

SINGAPORE (Sept 18): TEE Land is developing a block of residential apartments at Seraya Crescent.

Results

TEE Land FY17 earnings fall 96% to $0.3 mil

SINGAPORE (July 27): TEE Land posted a 96.4% fall in FY17 earnings to $0.3 million from $8.1 million a year ago, after it sunk into the red in the last quarter.

Watch the bond deadlines of these four Singapore companies

SINGAPORE / HONG KONG (June 7): Singapore’s bond market has seen unprecedented defaults, and a slump in oil prices along with a weak property market are threatening to increase nonpayments this year.

CEO Phua offers to privatise TEE International at 21.5 cents per share

SINGAPORE (April 2): Phua Chian Kin, group CEO and controlling shareholder of TEE International, is offering to buy out other shareholders for 21.5 cents a share, valuing the company at $108 million, announced the company on April Fool’s Day.

TEE International joins list of SGX-listed companies to be taken private

SINGAPORE (March 29): Phua Chian Kin, controlling shareholder and group CEO of TEE International, plans to take the company private. Shares of the engineering and infrastructure company have been halted before the market opened on Monday. In an afte

Stocks To Watch

GLP, SPH REIT, Silverlake Axis, TEE Land, Keppel, Lian Beng, CMC Infocomm

SINGAPORE (Jan 12): Here are some stocks that could move the market this Thursday morning:

Results

TEE Land 2Q earnings falls 54% to $0.7 mil

SINGAPORE (Jan 11): TEE Land posted earnings of $690,000 in 2Q17, falling 54.1% from earnings of $1.5 million a year ago.

Broker's Calls

TEE Land’s 1Q marred by slower construction but all should be well by 3Q

SINGAPORE (Oct 20): TEE Land’s 1Q17 results may be disappointing but NRA Capital expects other projects to boost earnings by as soon as 3Q as progress at its Third Avenue project catches up by year end.

Broker's Calls

TEE Land still attractive after Pasir Panjang acquisition

SINGAPORE (Oct 4): NRA Capital is maintaining TEE Land’s “overweight” call with fair value of 33.5 cents after its acquisition of a Pasir Panjang property.
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