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INDEPENDENT AUDITORS? REPORT TO THE MEMBERS OF TEE LAND LIMITED
Opinion
In our opinion, the consolidated financial statements of the group and the statement of financial position and statement of changes in equity of the company are properly drawn up in accordance with the provisions of the Act and Singapore Financial Reporting Standards so as to give a true and fair view of the state of affairs of the group and of the company as at May 31, 2013 and of the results, changes in equity and cash flows of the group for the financial year ended on that date and changes in equity of the company for the financial year from December 18, 2012 (date of incorporation) to May 31, 2013.
Emphasis of Matter
We draw attention to Note 38 to the financial state ments which indicates that two directors of the ultimate holding company are the subject of investigation by the Commercial Affairs Department on possible contravention of market rigging provisions in the Securities and Futures Act (Chapter 289). Our opinion is not modified in respect of this matter.
Report on Other Legal and Regulatory Requirements
In our opinion, the accounting and other records required by the Act to be kept by the company and by those subsidiaries incorporated in Singapore of which we are the auditors have been properly kept in accordance with the provisions of the Act.
Deloitte & Touche LLP
Public Accountants and
Chartered Accountants
Singapore
September 5, 2013
This coming week play
Some
volatility,
but be cautious on property play.
Tee Land: Daily chart shows that is has moved above the MA10 and successfully held on for 4days. Weekly chart shows a bullish engulfing pattern this week. Target price is 0.455,0.48 and 0.505.
0.415.
Tee Land Last:0.38 Vol:881k 
-0.01
Last Done -
0.42 Vol changed hands -
6,599,000 -0.02c
on short term. No win or loss one (think so up n down have)
Thinking? Who will emerge as winner.
