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Raffles Education unit to sell stake in China university operator for 420m yuan

Vivienne Tay
Published Mon, Apr 29, 2019 · 09:50 PM
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Singapore

RAFFLES Education Corp is selling its 51 per cent stake in China university operator Langfang Development Zone Oriental University City Sino-Singapore Education Investment Co for 420 million yuan (S$84.6 million) to an individual, Liu Yanwen.

The sale will be made throu…

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