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Chairman Statement

Extracted from Annual Report 2016

Dear Shareholders,

On behalf of the Board of Directors ("Board") of TEHO International Inc Ltd. ("TEHO" or the "Group"), it is my pleasure to present to you the annual report for the financial year ended 30 June 2016 ("FY2016").

FY2016 continued to be a difficult year due to market uncertainty, volatility in crude oil prices and fears over Brexit. Coupled with tough market conditions prevailing in the Singapore and Cambodian property sector, the Group also experienced downward pressure on its sales and profitability.

Lim See Hoe
Executive Chairman and CEO

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