Oriental University is 75% owned by Raffles Education (SGX:NR7
) and is a subsidiary.
Raffles Education announced it is disposing it’s entire 75.39% of the issued share capital of 4 Vallees to Oriental University City Holdings (HK) for CHF11.48 million ($17.3 million).
Oriental University is a Hong-Kong-listed investment holding company whose business is principally engaged in the leasing of education facilities, comprising primarily teaching buildings and dormitories to education institutions.
