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M1Z - TEE International News Story

S$0.043 0.0  0.0%

Last Trade - 16/04/21

Sector
Industrials
Size
Micro Cap
Market Cap £15.1m
Enterprise Value £42.0m
Revenue £122.1m
Position in Universe 5477th / 6093

BRIEF-Tee International Says Unit Received A Letter Of Award For Mechanical & Engineering Works

Mon 20th April, 2020 1:04pm
April 20 (Reuters) - TEE International Ltd  TEEI.SI :
    * TEE INTERNATIONAL LTD-  UNIT RECEIVED A LETTER OF AWARD
FOR
MECHANICAL & ENGINEERING WORKS FOR PROPOSED DEVELOPMENT OF A
SPORTS AND RECREATION CENTRE
    * TEE INTERNATIONAL - BASED ON SUBCONTRACT AGREEMENT, LOA
WORTH
ABOUT S$72 MILLION
    * TEE INTERNATIONAL LTD - COVID-19 RESULTED IN SIGNIFICANT
DISRUPTIONS TO TEE GROUP'S BUSINESS & OPERATIONS; TO HAVE
ADVERSE IMPACT ON PROFITABILITY FOR FY
    * TEE INTERNATIONAL LTD- MOST OF GROUP'S CONSTRUCTION WORKS
FOR
ON-GOING PROJECTS SUSPENDED AND CONSTRUCTION SITES HAVE BEEN
CLOSED

Source text for Eikon:  ID:nSNZ2KT8Kw 
Further company coverage:  TEEI.SI 

 ((Reuters.Briefs@thomsonreuters.com;))
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