Raffles Education Corporation

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

M&A

Raffles Education to sell New South Wales property for $74.7 mil

SINGAPORE (Sept 27): Raffles Education Corporation says wholly-owned subsidiary Raffles Assets Australia has entered into a sale and purchase agreement with an independent third party for the dispo

Raffles Education mulling resubmission of application for Oriental University City's listing to be transferred to the Mainboard

SINGAPORE (July 8): Raffles Education Corporation is considering whether to re-submit a new application for the proposed transfer of listing Oriental University City Holdings (HK) (OUCHK) to the Ma

Raffles Education to acquire 6 units in Suzhou commercial building for $1.4 mil

SINGAPORE (June 12): Raffles Education Corporation announced Tuesday that indirect wholly-owned subsidiary Hefei Lanjing Science & Trade Co.

Results

Raffles Education reports 1H loss of $7.3 mil

SINGAPORE (Feb 14): Raffles Education Corporation reported 1H18 losses widened to $7.3 million from $5.6 million a year ago on lower operating income, higher finance costs, and currency translation

Oei withdraws requisition notice for Raffles Education to convene EGM

SINGAPORE (Nov 16): Oei Hong Leong and Oei Hong Leong Art Museum have withdrawn their requisition notice for Raffles Education Corporation to convene an extraordinary general meeting (EGM) on Nov 2

Results

Raffles Education sinks deeper to 1Q net loss of $5.9 mil

SINGAPORE (Nov 9): Raffles Education Corporation saw 1Q18 net loss widen to $5.9 million from a net loss of $1.7 million a year ago.

Raffles Education convenes Nov 29 EGM to vote on Oei’s resolutions

SINGAPORE (Nov 2): Raffles Education is convening an EGM on Nov 29 to consider the proposed resolutions from shareholders Oei Hong Leong and Oei Hong Leong Art Museum.

Raffles Education placing out 95 million new shares to raise $28.5 mil to pare loans

SINGAPORE (Sept 28): Raffles Education Corporation is proposing to sell 95 million new shares at 30 cents each to raise $28.5 million.

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