Raffles Education

Company in the news

Raffles Education receives legal letter from Oei Hong Leong

Raffles Education says it has received an originating summons from tycoon and substantial shareholder Oei Hong Leong and Oei Hong Leong Art Museum on Sept 29.

Company in the news

Oei Hong Leong buys a further 3.7 mil shares in Raffles Education, increases stake to 13.4%

Singapore tycoon Oei Hong Leong has bought another 3.7 million ordinary shares from the market for $739,815, pricing each share in Raffles Education at 20.0 cents.

Company in the news

Oei Hong Leong increases stake in Raffles Education, causes share price to rise by over 20%

Oei Hong Leong, a substantial shareholder in Raffles Education, has increased his stake in the company to 13.05% from 12.9% previously.

SGX query

Raffles Education draws SGX query on share price surge

Singapore Exchange Regulation (SGX RegCo) has issued a query to Raffles Education after its shares spiked up to as high as 15.1 cents on September 8, at 2.33pm, representing a 32.5% jump from its l

Company in the news

Raffles Education CEO Chew Hua Seng refutes CAD claims by Oei Hong Leong

Raffles Education chairman and CEO Chew Hua Seng has issued a statement to refute the claims that the Singapore Commercial Affairs Department (CAD) has a pending complaint against himself, his wife

Company in the news

Oei Hong Leong wants to oust Chew Hua Seng again

Oei Hong Leong, a substantial shareholder of Raffles Education, is making yet another attempt to oust chairman and CEO Chew Hua Seng (picture) from the company.

Results

Raffles Education posts 3Q losses narrowed by 84% to $0.6 mil

SINGAPORE (May 8): Raffles Education, the private education provider, reported 3Q19 losses narrowed to $0.6 million from losses of $4.0 million in 3Q18.

Raffles Education to sell 318.6 mil new shares to raise $44.6 mil to pare debt and strengthen working capital

SINGAPORE (Apr 3): Raffles Education is planning to raise $44.6 million in a rights issue to to strengthen its capital base, repay debts and for general corporate and working capital purposes.

Oei Hong Leong calls for EGM at Raffles Education to oust chairman Chew Hua Seng

SINGAPORE (Oct 13): Notable asset trader Oei Hong Leong, the second largest shareholder of Raffles Education, is calling for an EGM to oust chairman Chew Hua Seng.

Oei’s stake in Raffles Education drops to 12.88% on placement despite acquisition of shares

SINGAPORE (Oct 11): Raffles Education says Oei Hong Leong’s stake in the group has fallen to 12.88% from 14.04%.

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