News

Increase In Issued And Paid-Up Capital: TeleChoice (Indonesia) Pte Ltd

TeleChoice International Limited ("TeleChoice") wishes to advise that its wholly-owned subsidiary TeleChoice (Indonesia) Pte Ltd ("TIPL"), increased its issued and paid-up capital from S$1,900,000 to S$2,400,000 on 26 Jan 2007, through an issue of additional 500,000 TIPL shares, for a total consideration of S$500,000, to TeleChoice.

The increase is in consonance with TIPL's operating and capital requirements, and is not material in the context of TeleChoice's overall operations.