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Raffles Education Corporation
SGX query
Raffles Education draws SGX query on share price surge
SGX RegCohas issued a query to Raffles Education after its shares spiked up to as high as 15.1 cents on September 8.
September 08, 2020
Company in the news
Raffles Education CEO Chew Hua Seng refutes CAD claims by Oei Hong Leong
“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.
September 01, 2020
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 disposal of a property in New South Wales, Australia for A$80.0
September 27, 2019
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 Mainboard of the Stock Exchange of Hong Kong (SEHK).
July 08, 2018
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. has agreed to acquire six individual units within a commercial building in Suzhou, China for a total sum of RMB 6.
June 12, 2018
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 differences.
February 14, 2018
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SINGAPORE (Nov 16): Oei Hong Leong and Oei Hong Leong Art Museum have withdrawn their requisition notice for Raffles Education Corporation to convene an extraordinary general meeting (EGM) on Nov 29.
November 16, 2017
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.
November 09, 2017
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.
November 02, 2017
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.
September 28, 2017