Raffles Infrastructure Holdings

The company had taken steps to terminate Ma’s services based on international investigations conducted and documentary evidence.

Shares in Raffles Infrastructure closed 1 cent higher or 4% up at 26 cents on June 30.

SINGAPORE (July 19): Despite its best efforts, Raffles Infrastructure Holding, the company formerly known as China Fibretech, has found it hard to shake off its stigma of being an S-chip once plagued by corporate governance issues.

Infrastructure projects Of the net placement proceeds of $29.9 million, Raffles Infrastructure plans to invest $22 million in a build-operate-transfer rural road project awarded by the Yibin Municipal People’s Government. The company will co-inv

SINGAPORE (May 14): Raffles Infrastructure Holdings reported 5Q19 earnings ended March of RMB 33.1 million ($6.6 million), reversing from a loss of RMB 1.9 million in 5Q18.

SINGAPORE (Feb 14): Raffles Infrastructure, formerly known as China Fibretech, reported 2Q earnings of RMB24.5 million ($5 million) compared to a net loss of RMB974,000 a year ago.

SINGAPORE (Oct 22): Raffles Infrastructure Holdings, the company formerly known as China Fibretech, is building a 70km tourist railway with a contract value of RMB6 billion ($1.2 billion).