According to bourse filings, Chew, on June 27, purchased 155,000 shares in Raffles Education for a total sum of $9,300, or 6 cents apiece. The purchase had increased Chew’s share in the company by 0.01% to 33.59%.
Chew Hua Seng, Raffles Education’s chairman, CEO and controlling shareholder, now owns 476.6 million shares, equivalent to 34.57% of the company.
From June 27 to 30, Chew made several share acquisitions in the company via market transactions.
