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Raffles Education Corp
Raffles Education unit disposes 51% stake in China university operator for $85 mil
SINGAPORE (Apr 29): Raffles Education Corp is selling its entire 51% stake in China-based university operator Langfang Development Zone Oriental University City Sino-Singapore Education Investment Co for 420 million yuan ($84.6 million).
April 29, 2019
Update
Raffles Education scraps $27.4 mil rights issue in view of recent market conditions, share price falls
SINGAPORE (Mar 6): Raffles Education Corp is cancelling its proposed 2-for-10 rights issue, which would have allowed the group to raise up to about $27.4 million in net proceeds after raising 275.9 million new shares at the issue price of 10 cents per sha
March 06, 2019
In print this week
Disappointment descends on IPC, Raffles Education
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.
November 28, 2017
Hot Stock
Oei Hong Leong scoops up more shares in Raffles Education
SINGAPORE (Sept 25): Oei Hong Leong has increased his stake in Raffles Education Corp to 14.04% from 12.77%.
September 25, 2017