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Increase In Issued And Paid-Up Share Capital Of Wholly-Owned Subsidiary
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Jun 28, 2013
The Board of Directors of Teho International Inc Ltd. (the "Company" or together with its subsidiaries the "Group") is pleased to announce that the Company's wholly-owned subsidiary, Teho Water & Envirotec Pte. Ltd. (formerly known as Seanly Technical Singapore Pte. Ltd.) has increased its issued and paid-up share capital from $50,000 to $550,000, satisfied by cash of $500,000 ("Transaction"). The Transaction was funded by internal resources.
The Transaction is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Group for the current financial year ending 30 June 2013.
None of the Directors of the Company and none of the Company's Controlling Shareholders (as defined in the Catalist Rules) has any interest, direct or indirect, in the Transaction, save for their interest by way of their shareholdings and/or directorships, as the case may be, in the Company.
BY ORDER OF THE BOARD
Lim See Hoe
Executive Chairman and Chief Executive Officer
28 June 2013
_______________________________________________________________________
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Canaccord Genuity Singapore Pte. Ltd. for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). Canaccord Genuity Singapore Pte. Ltd. has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.
The contact person for the Sponsor is Mr. Alex Tan, Chief Executive Officer, Canaccord Genuity Singapore Pte. Ltd., at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854-6160.
The Transaction is not expected to have any material impact on the consolidated net tangible assets and earnings per share of the Group for the current financial year ending 30 June 2013.
None of the Directors of the Company and none of the Company's Controlling Shareholders (as defined in the Catalist Rules) has any interest, direct or indirect, in the Transaction, save for their interest by way of their shareholdings and/or directorships, as the case may be, in the Company.
BY ORDER OF THE BOARD
Lim See Hoe
Executive Chairman and Chief Executive Officer
28 June 2013
_______________________________________________________________________
This announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, Canaccord Genuity Singapore Pte. Ltd. for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited ("SGX-ST"). Canaccord Genuity Singapore Pte. Ltd. has not independently verified the contents of this announcement. This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.
The contact person for the Sponsor is Mr. Alex Tan, Chief Executive Officer, Canaccord Genuity Singapore Pte. Ltd., at 77 Robinson Road #21-02 Singapore 068896, telephone (65) 6854-6160.
