Raffles Education (SG:NR7) has released an update.
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Raffles Education’s subsidiary, Oriental University City Holdings, has announced a potential sale of a lifestyle commercial building in Langfang Development Zone, China, for approximately HK$20.53 million. This move is part of a Letter of Intent with a prospective purchaser, highlighting a strategic shift in the company’s asset management. Investors should remain cautious and consider consulting professional advisers regarding their shares.
For further insights into SG:NR7 stock, check out TipRanks’ Stock Analysis page.
