I added Tee International to both my Yield and Growth portfolios in July 2011 when the shares were S$0.265.   The shares then collapsed to the S$0.20 level when the Company announced that its Chairman and CEO were under investigation by the CAD earlier this year.   The spectre of this investigation still overhangs the Company until the CAD announces that its not pursuing the matter any further.

Notwithstanding the investigation, I remained positive on the counter as it was backed by strong fundamentals in terms of earnings growth from its healthy M&E order book, its successful foray into property and also its attractive dividend yield.  The ...