(Oct 2): Well-known investor Oei Hong Leong has boosted his stake in college operator Raffles Education Corp and now owns 135.6 million shares or 14% of the company. Raffles Education runs 25 colleges around the world, including the Raffles Design Institute in Singapore. Its Hong Kong-listed subsidiary, Oriental University City Holdings (HK), runs a campus covering one million sq m in Langfang city, in China’s Hebei province.

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