Raffles Education Corp

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#51
Rainbow 
eAGM 30 Oct 2020@11am
https://links.sgx.com/1.0.0/corporate-an...5e395b94e7

Stay home and stay healthy, everyone.
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#52
Rainbow 
The Board wishes to announce that the Plaintiffs had on 12 October 2020, filed a notice of discontinuance to wholly discontinue the Originating Summons against the Company with no order as to costs. The Company has consented to the discontinuance and the notice of discontinuance has been accepted and approved by the High Court of Singapore. Accordingly, the legal proceedings between the Plaintiffs and the Company in the Originating Summons, including the Plaintiffs’ application for an injunction against the Company from proceeding with any further acts in relation to the Proposed Acquisition, have concluded.
https://links.sgx.com/FileOpen/REC%20-%2...eID=635195

Stay home and stay healthy, everyone.
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#53
Rainbow 
Raffles Education - 13 pages of QnA
the Oriental Univeristy City, an education township, owned and operated by the Group is strategically located in Langfang city, a fast developing city, located between the metropolis cities of Beijing and Tianjin, well poised to cater to the demands for higher education institutions specialising in the area of vocational and technical training. 

The business assessment, in the context of the education sector in the PRC, is arrived at by the Company drawing on its current knowledge, past experiences and judicious use of current best available evidence from multiple sources and certain public information which are axiomatic.
https://links.sgx.com/FileOpen/REC%20-%2...eID=636420



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#54
(06-10-2020, 05:05 PM)dreamybear Wrote: There is a website highlighting the issues : https://save-raffles-education.com/

"About Save Raffles Education
This website aims to educate investors in Raffles Education about issues surrounding the company which are likely to see the company’s financial performance, share price and dividends continue to deteriorate...."

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https://governanceforstakeholders.com/20...-meetings/

I personally feel it is better to sell and move on (most VBs would prefer as well) but there are those who are willing to fight on, and we have to appreciate them for that.

MESSAGE TO SHAREHOLDERS OF RAFFLES EDUCATION CORPORATION

A Group of REC shareholders are now coming together to consider taking legal action against the directors.
If you are a REC shareholder and are interested in joining this action, you can email to the following email address: contact@save-raffles-education.com
Please indicate when you bought the shares if possible, and the number of shares you own.

https://governanceforstakeholders.com/20...rporation/
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