Raffles Education's Subsidiaries to Dispose of Stake in Hefei Yuren Education Management

MT Newswires
11/20

Raffles Education's (SGX:NR7) subsidiaries, Foodbev (Shanghai), Raffles LaSalle Education Consultancy and Shanghai Shengxin Commercial Consulting, agreed to dispose of their stake in Hefei Yuren Education Management from Hefi Heyi Education Consulting Management for 320 million yuan, according to a Wednesday filing with the Singapore Exchange.

Shares of the company were down nearly 2% in Thursday trading.

Hefei Yuren Education Management is the promoter of a China-based privately run college, Wanbo Science and Technology Vocational College.

The disposal allows the company to realize its investment and is part of the ongoing portfolio review to enhance shareholder returns.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10