The Business Times
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raffles education

Companies & Markets

Raffles Education unit’s land in China to be acquired by government for urban planning

Acma and Sitra Holdings International are two of the best performers on the SGX in the year to date.
Opinion & Features
HOCK LOCK SIEW

A couple of micro-cap SGX companies are surging – but investors should think twice before biting

Raffles Education, led by chairman Chew Hua Seng, will still have operations and schools In China, should the proposed sale take place.
Companies & Markets

Raffles Education seeks shareholder nod for dual sale of China asset, Merchant Road property

Raffles Education sold its Merchant Road property earlier this month for S$121.8 million, booking a gain of S$53 million.
Companies & Markets
HOT STOCK

Raffles Education leads most active pack on SGX with 60.8 million shares traded; closes 23.4% higher

Proceeds from the sale of Raffles Education Square (above) will be redeployed to improve working capital and fund higher-yielding initiatives, says the company.
Property

Raffles Education sells 51 Merchant Rd to LaSalle JV for S$121.8 million; reaps S$53 million gain

To reward shareholders and “partially offset the dilutive impact” of the conversion, the company plans to issue a special dividend of S$0.004 per share.
Companies & Markets

Raffles Education jumps 19% on debt conversion, special dividend plan

The letter of demand is from Oriental University City Development Co, a Chinese company.
Companies & Markets

Raffles Education receives letter of demand for 33.7 million yuan from Chinese company

Lim How Teck, 73, resigned as chairman of Temasek-backed Heliconia Capital, months after his February 2022 arrest over the alleged disclosure breaches. 
Consumer & Healthcare

Lim How Teck and four other Raffles Education directors charged with disclosure breaches

Raffles Assets, a wholly owned subsidiary of Raffles Education, has received an originating application from NPS International School related to the proposed leasing of a property on Merchant Road.
Companies & Markets

Raffles Education faces S$500,000 claim; EduTrust cert suspended on admin error

Raffles Education Square consists of a four-storey building connected to two rows of conserved buildings and two levels of basement carpark.
Property

Raffles Education puts corporate building on the market again for S$200 million

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