Oei Hong Leong Art Museum

Raffles Education said that it has consented to the discontinuance, which has been accepted and approved by the High Court.

Raffles Education says it intends to defend the originating summons “vigorously”.

Oei Hong Leong has increased his stake in Raffles Education to 13.05% after buying two million shares from the market yesterday.

“I wish to clarify, for avoidance of all doubt, that there is no such investigation by the CAD against me or my wife or son, to my knowledge,” Chew said in a press release on September 1.

SINGAPORE (Nov 16): Oei Hong Leong and Oei Hong Leong Art Museum have withdrawn their requisition notice for Raffles Education Corporation to convene an extraordinary general meeting (EGM) on Nov 29.