Oei Hong Leong

SINGAPORE (Mar 2): Asset trader Oei Hong Leong is withdrawing his acceptance of an offer by Asia-Pacific Strategic Investments (APSI) for his stake in IPC Corp.

SINGAPORE (Feb 1): Asia-Pacific Strategic Investments is making a move to acquire IPC Corporation to enlarge its property development business.

SINGAPORE (Dec 8): Asia-Pacific Strategic Investments’ (APSIL) proposed new business of property development has taken a step closer to reality.

SINGAPORE (Nov 27): The big splash that Oei Hong Leong made in the market two months ago lifted shares in IPC Corp and Raffles Education Corp sharply. But investors who attempted to ride the wave might now be underwater.

SINGAPORE (Nov 20): Hotel owner and property developer IPC Corporation’s proposed deal to acquire a majority stake in a Chinese company in artificial intelligence has fallen through following the lapse of a heads of agreement, the company says on Monday

SINGAPORE (Nov 16): Oei Hong Leong and Oei Hong Leong Art Museum have withdrawn their requisition notice for Raffles Education Corporation to convene an extraordinary general meeting (EGM) on Nov 29.

SINGAPORE (Nov 2): Raffles Education is convening an EGM on Nov 29 to consider the proposed resolutions from shareholders Oei Hong Leong and Oei Hong Leong Art Museum.

SINGAPORE (Oct 13): Notable asset trader Oei Hong Leong, the second largest shareholder of Raffles Education, is calling for an EGM to oust chairman Chew Hua Seng.

SINGAPORE (Oct 11): Raffles Education says Oei Hong Leong’s stake in the group has fallen to 12.88% from 14.04%.

SINGAPORE (Sept 28): Raffles Education Corporation is proposing to sell 95 million new shares at 30 cents each to raise $28.5 million.