The Business Times
business-time-50

Tycoon Oei Hong Leong further sells stake in Raffles Education; now owns less than 1%

google-preferred-sourceAdd BT as a preferred source
Tay Peck Gek
Benjamin Cher

Tay Peck Gek &

Benjamin Cher

Published Tue, Oct 26, 2021 · 09:50 PM

Singapore

BILLIONAIRE Oei Hong Leong cut his stake in Raffles Education to 0.78 per cent amid an ongoing spat with the mainboard-listed private education service provider.

This followed his selling down from a stake of 10.16 per cent in Raffles Education on Oct 18 to 7.34 per cent. That sank the shares to a then 52-week low to S$0.061.

raffles education

TRENDING NOW

Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

(From left) Dushan county’s ambitious Shuisi Building project and an unfinished, full-scale replica of the Titanic in Daying county.

Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind

In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More