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Oct 13, 2013
The Board of Directors of Teho International Inc Ltd. (the "Company") refers to the recent increase in the Company's share price and wishes to announce that the management of the Company is currently considering and has entered into several discussions with a potential target exploring an acquisition opportunity which may involve its diversification into the property sector. However, the discussions are only at a preliminary and exploratory stage, and the Company has not reached any definite or firm decision in regard to the aforesaid matters, and there is no certainty that the Company will proceed with any of the aforesaid matters at this juncture.
Shareholders and potential investors should exercise caution when trading in the shares as the aforesaid matters are only at a preliminary and exploratory stage, and there is no certainty that the Company will proceed with any of the aforesaid matters. Persons who are in doubt as to the action they should take should consult their legal, financial, tax or other professional advisers. Further announcements will be made by the Company as and when appropriate.
BY ORDER OF THE BOARD
Lim See Hoe
Executive Chairman and Chief Executive Officer
13 October 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.
Shareholders and potential investors should exercise caution when trading in the shares as the aforesaid matters are only at a preliminary and exploratory stage, and there is no certainty that the Company will proceed with any of the aforesaid matters. Persons who are in doubt as to the action they should take should consult their legal, financial, tax or other professional advisers. Further announcements will be made by the Company as and when appropriate.
BY ORDER OF THE BOARD
Lim See Hoe
Executive Chairman and Chief Executive Officer
13 October 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.
