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Tee International conducts strategic review for Tee Land

Tee International Ltd. is conducting a strategic review of its Tee Land Ltd. subsidiary.

The Singapore-listed investment holding company said in a news release that the process involving an evaluation of opportunities and the positioning of the boutique property developer is targeted toward maximizing potential value for stakeholders.

Tee International added that there is no guarantee that any transaction or binding agreement will result from the ongoing strategic review.