Oei previously purchased two million shares for $284,594 from the market on September 8.
Singapore tycoon Oei Hong Leong has bought another 3.7 million ordinary shares from the market for $739,815, pricing each share in Raffles Education at 20.0 cents.
The transaction, which took place on September 10, increased Oei’s stake in the company to 13.4% from 13.14% previously.
