Oei Hong Leong

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

SINGAPORE (Sept 25): Oei Hong Leong has increased his stake in Raffles Education Corp to 14.04% from 12.77%.

SINGAPORE (Sept 25): Raffles Education gained as high 31 cents on Monday after The Edge Singapore reported this week (Issue 798) that billionaire businessman Oei Hong Leong had recently increased his stake in the private education provider.

SINGAPORE (Sept 19): Shares in IPC Corporation surged as much as 41% on Tuesday on news that Oei Hong Leong, the billionaire businessman who owns a 32.55% stake in the company, is planning a US$5 billion ($6.7 billion) data centre business called One Belt

SINGAPORE (Sept 18): Billionaire businessman Oei Hong Leong is upping the ante with plans of a US$5 billion ($6.7 billion) data centre business to propel Singapore forward as a new information technology and investment centre.

SINGAPORE (Sept 13): Asia-Pacific Strategic Investments (APSI) is undertaking a rights cum warrants issue to raise net proceeds of up to $43.6 million to fund the company’s new expansion into real estate development.