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Raffles Education CEO acquires 13.7 mil shares, upping stake to 34.57%

Felicia Tan
Felicia Tan7/2/2022 11:51 AM GMT+08  • 2 min read
Raffles Education CEO acquires 13.7 mil shares, upping stake to 34.57%
Raffles Education's chairman and CEO Chew Hua Seng. Photo: The Edge Singapore
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Chew Hua Seng, Raffles Education’s chairman, CEO and controlling shareholder, now owns 476.6 million shares, equivalent to 34.57% of the company.

From June 27 to 30, Chew made several share acquisitions in the company via market transactions.

According to bourse filings, Chew, on June 27, purchased 155,000 shares in Raffles Education for a total sum of $9,300, or 6 cents apiece. The purchase had increased Chew’s share in the company by 0.01% to 33.59%.

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