Teho International eyeing property acquisition

Currently in "preliminary and exploratory" stage.

In a disclosure to the Singapore Exchange, the Board of Directors of Teho International Inc Ltd. (Teho International) announced 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," said Teho International.

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.