TEE International ups investment in TEE Vietnam
Total investment in the subsidiary is now at approximately US$70,000.
The Board of Directors of TEE International Limited announced that it has increased the investment in the charter capital of its wholly-owned subsidiary TEE Vietnam Company Limited to 1,495,880,833 Vietnamese Dong.
The investment was funded through internal resources and is not expected to have any material impact on the net tangible assets or earnings per share of TEE International for the financial year ending 31 May 2013.