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