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Company in the news
Is mm2 Asia's turnaround in sight as Oei and Goi step up?
Minority shareholders might sit out this rights issue as investor fatigue could have already set in
October 05, 2023
Equity raising
Tycoons Oei and Goi back mm2 Asia's 1-for-2 rights issue
mmLive, mm2's subsidiary, separately announced plans to raise $18 million by issue convertible debt securities
September 30, 2023
Company in the news
Oei Hong Leong-controlled APS in $219.3 mil RTO deal with MoneySmart
MoneySmart's shareholders will end up holding 80% of the enlarged entity
March 20, 2022
Equity raising
Oei and Goi to invest $19.5 million in mm2 Asia via placement of shares at 5 cents each
Upon completion of the placement, Goi and Oei will each hold 7.18% of the company.
February 23, 2022
Company in the news
Raffles Education refutes 'unsubstantiated allegations' made by Oei's second letter since Oct 16
Raffles Education has asked Oei to "allow the board to focus on managing the company’s business in these difficult times".
October 25, 2021
Company in the news
Raffles Education directors investigated by MAS and CAD on loan from Affin Bank; issues response to letter from Oei
Shares in Raffles Education closed at 6.1 cents on Oct 18. Trading in its shares were halted since the morning of Oct 19.
October 21, 2021
Company in the news
Raffles Education lead ID Lim How Teck doubles stake in company
Lim now holds two million Raffles Education shares
October 12, 2021
Independent directors of Oceanus take up stakes; UMS tightens hold on associate JEP
Three independent directors including newly appointed Yaacob Bin Ibrahim, the former minister, take up stakes in Oceanus Group.
November 27, 2020