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Raffles Education Corporation Ltd Announces Completion Of Proposed Acquisition


Monday, 7 Oct 2013 06:51am EDT 

Raffles Education Corporation Ltd announced that with reference to the announcement dated September 2, 2013 and the Circular dated September 19, 2013 in relation to the proposed acquisition of 10% of the shareholding interest in OUC by the Company from Rawa Investments (Cayman Islands) Ltd (the Proposed Acquisition) and the subsequent shareholders' approval in relation to the Proposed Acquisition obtained on October 4, 2013. The Board announced that the Proposed Acquisition has been completed on October 7, 2013. OUC is now a wholly-owned subsidiary of the Company. 

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