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M1Z - TEE International News Story

S$0.046 -0.0  -2.1%

Last Trade - 7:03am

Sector
Industrials
Size
Micro Cap
Market Cap £16.5m
Enterprise Value £43.3m
Revenue £122.0m
Position in Universe 5417th / 6085

BRIEF-Tee International Updates On Proposed Disposal Of Tee Infrastructure Private Ltd

Tue 30th June, 2020 4:29pm
June 30 (Reuters) - TEE International Ltd  TEEI.SI :
    * TEE INTERNATIONAL UPDATES ON PROPOSED DISPOSAL OF TEE
INFRASTRUCTURE PRIVATE LTD
    * TEE INTERNATIONAL-RECEIVED CORRESPONDENCE FROM PURCHASER
PURPORTING TO GIVE NOTICE OF TERMINATION OF CSPA
    * TEE INTERNATIONAL LTD - CO OF VIEW THAT PURCHASER HAS NO
LEGAL
BASIS TO TERMINATE CSPA
    * TEE INTERNATIONAL LTD - TEE INFRA REJECTED PURPORTED
TERMINATION
& INFORMED PURCHASER TO PROCEED WITH PROPOSED DISPOSAL
    * TEE INTERNATIONAL LTD - CO, TEE INFRA & PURCHASER HAVE
COMMENCED
WITHOUT PREJUDICE NEGOTIATIONS

Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ8gyfT1
Further company coverage:  TEEI.SI 

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