Posted by Kevin Scully
Tee International one of my Stock Picks for both growth and yield has made three announcements over the last six days. What should we make of them ?
Announcements:
9 November 2012 - Tee International announces that its signed an MOU to go into cement production in Myanmar
12 November 2012 - Tee International announces incorporation of new associate company Unique Wellness Pte Ltd
14 November 2012 - Tee International announces corporate development to restructure its property and M&E business
Commentary
Of these the one that took me by surprise is its venture into the Myanmar cement industry with Ayeyarwaddy Cement. The announcement states that there will be a technical study led by Tee which should end by June 2013. On completion of ...
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