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Raffles Edu

knightrider
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05-Apr-2011 12:39

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knightrider ( Date: 23-Mar-2011 09:29) Posted:

1. Date of change of Shareholding 21-03-2011

2. Name of Registered Holder Chew Hua Seng

3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

# Please specify details

4. Information relating to shares held in the name of the Registered Holder

No. of Shares held before the change	818,314,651
As a percentage of issued share capital	31.92 %

No. of Shares which are subject of this notice	5,000,000
As a percentage of issued share capital	0.20 %

Amount of consideration (excluding brokerage and stamp duties) per share paid or received 0.255

No. of Shares held after the change	823,314,651
As a percentage of issued share capital	32.12 %

> > PART III

1. Date of change of [Select Option]

2. The change in the percentage level From % To %

3. Circumstance(s) giving rise to the interest or change in interest [Select Option]

# Please specify details

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

> > PART IV

1.	Holdings of Director , including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	818,314,651	65,467,618
As a percentage of issued share capital	31.92 %	2.55 %
No. of shares held after the change	823,314,651	65,467,618
As a percentage of issued share capital	32.12 %	2.55 %

Footnotes

Shareholding figures shown under Direct includes 544,864,933 shares which are held jointly by Mr Chew Hua Seng and his spouse.

The above percentages of interests were calculated based on the issued share capital of 2,563,423,702 shares (excluding 59,796,000 Treasury Shares).

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pharoah88
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05-Apr-2011 12:39

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http://www.inmycommunity.com.au/news-and-views/local-news/100m-university-scrapped/7585902/

Emeritus Professor

14/03/2011

We don't need another university in Australia/Western Australia because the ones we have now are struggling to find enough intelligent students to fill their courses now. The standards have dropped significantly since Kim Beasley created a plethora of universities in 1987.

Australians have not become smarter - it is the universities lowering the standard whereby some students pass with performances so low that they would not gain admission to TAFE 30 years ago.
As for Dr Goh and AIUS, this concept was a failure from the start as it relied on overseas students who could not obtain admission to any university, to be fast-tracked into university places. The only way this could be achieved was also to lower the standards.

Some students passed their units at AIUS by paying lecturers to write the student's assignments. I worked there and knew the stories in the staff room.

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knightrider
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05-Apr-2011 12:39

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knightrider ( Date: 23-Mar-2011 09:30) Posted:

1. Date of notice to issuer * 21-03-2011

2. Name of Substantial Shareholder * Doris Chung Gim Lian

3.	Please tick one or more appropriate box(es): *
	Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest. [Please complete Part III and IV]

> > PART II

1. Date of change of [Select Option]

2. Name of Registered Holder

3. Circumstance(s) giving rise to the interest or change in interest [Select Option]

# Please specify details

4. Information relating to shares held in the name of the Registered Holder

No. of [Select Option] held before the change
As a percentage of issued share capital	%

No. of N.A. which are subject of this notice
As a percentage of issued share capital	%

Amount of consideration (excluding brokerage and stamp duties) per share paid or received

No. of N.A. held after the change
As a percentage of issued share capital	%

> > PART III

1. Date of change of Shareholding 21-03-2011

2. The change in the percentage level From 10.67 % To 10.86 %

3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

# Please specify details

Open market purchases by spouse

A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:

The change in the percentage level is the result of a series of tansactions.

> > PART IV

1.	Holdings of Substantial Shareholder , including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	610,332,551	273,449,718
As a percentage of issued share capital	23.81 %	10.67 %
No. of shares held after the change	610,332,551	278,449,718
As a percentage of issued share capital	23.81 %	10.86 %

Footnotes

Shareholding figures shown under Direct includes 544,864,933 shares which are held jointly by Ms Doris Chung and her spouse.

The above percentages of interests were calculated based on the issued share capital of 2,563,423,702 shares (excluding 59,796,000 Treasury Shares).

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Total size = 0
(2048K size limit recommended)

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pharoah88
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05-Apr-2011 12:36

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What everyone else is thinking

Tinkle

15/03/2011

Is the HEAC report public? It would make interesting reading in light of the discussion regarding the provision of university status to private education providers here http://www.theaustralian.com.au/higher-education/opinion-analysis/research-the-name-of-the-game/story-e6frgcko-1226014453221

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pharoah88
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05-Apr-2011 12:34

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Alert Admin Exclusive: PLANS for a university in Midland have stalled after Singapore-based Raffles Education Corporation confirmed it had withdrawn its application to establish a $100 million college at the railway workshops.Neither Raffles representatives nor WA Education Minister Liz Constable would discuss the reasons for withdrawing the plans that Raffles submitted last April.

Dr Constable said Raffles wrote to her on February 21 advising of its decision to withdraw.

The Reporter believes Premier Colin Barnett had also received the letter.

Dr Constable said Raffles’ decision to withdraw came after the Government amended the Higher Education Act 2004 in 2009 so that Raffles could apply to establish a self-accrediting university college in Midland.

A Higher Education Advisory Committee (HEAC) chaired by Professor Richard Larkins, the former Vice Chancellor of Monash University, formed last year to consider the application.

HEAC concluded its report in August and provided a copy to Raffles, which then provided comment on it.

“Following consideration of Raffles’ comments on the report and after seeking appropriate advice, it was proposed to Raffles that the HEAC be convened to reconsider their comments,” Dr Constable said.

Raffles advised of its withdrawal after that, she said. But she added the Government would welcome any further applications for a Midland university.

“The Government would not want to discourage Raffles – or any other potential applicant – from reapplying at a later date.”

Midland MLA Michelle Roberts and East Metropolitan MLC Alyssa Hayden expressed their disappointment at news of the withdrawal.

“In my view the Government should get on with lobbying existing universities in WA for one of their schools to be on a Midland campus,” Mrs Roberts said.

She said the site near the future health campus provided an excellent opportunity for nursing or medical-related disciplines to have a Midland base.

Tourism and hospitality or agriculture were two other options.

Ms Hayden said she would continue to push for a university campus in Midland.

“I and the Barnett Government would like to see more opportunities for tertiary study in Midland and we are working hard to deliver on this,” she said.

“The Premier has a good knowledge of the situation ... and I will be working with the Premier, the Minister for Education and the local community to try and get a good outcome.”

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pharoah88
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05-Apr-2011 12:31

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$100m university scrapped

14/Mar/2011

By Nicole Harrison, Midland-Kalamunda Reporter

Comments: 4 readers have left a comment

http://www.inmycommunity.com.au/news-and-views/local-news/100m-university-scrapped/7585902/

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iVick88
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05-Apr-2011 12:10

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Alert Admin they are not delisted -_-. Just a share consolidation 3 to 1.
Trading at counter NR7

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pharoah88
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05-Apr-2011 12:08

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BEWARE of HELL NOTES

in S G X

they are B L O O D Y

niuyear ( Date: 30-Mar-2011 11:29) Posted:

Betting in casino is 50/50 (big and small), whereas buying S-chips is like buying Loads of lousy quality china made papers that is recycled from hell notes as in, buying hell notes for oneselves

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pharoah88
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05-Apr-2011 11:58

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Alert Admin D E L I S T E D ? ? ? ?

at WHAT PRICE

? ? ? ?

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knightrider
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04-Apr-2011 18:53

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Thks !

GuavaXF30 ( Date: 04-Apr-2011 10:01) Posted:

Congrats but trend does not look good. Day before consol it was 0.81. To be 0.785 now is not good sign... CHOW AH !

knightrider ( Date: 04-Apr-2011 09:47) Posted:

My price buy is S$0.255, so now should be S$0.765 ! And now trading at S$0.785, gain liao ! Still holding. Good Luck.

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knightrider
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04-Apr-2011 15:23

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Probably like one of my high-roller friend, within 3 year moved house 3 times, he is not running for Ah-long but keep speculating on properties. So until now, I think cdp also cannot sent him the circulars to the rightful address !!! LOL.

stykish ( Date: 04-Apr-2011 14:15) Posted:

you sure you have this counter ? so many letters been sent . damn jokes

yoyoing ( Date: 01-Apr-2011 11:57) Posted:

I have not received any news regarding this at all...the last time I saw it, a few days ago, the counter is BI. Today it became DL...

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stykish
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04-Apr-2011 14:15

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you sure you have this counter ? so many letters been sent . damn jokes

yoyoing ( Date: 01-Apr-2011 11:57) Posted:

I have not received any news regarding this at all...the last time I saw it, a few days ago, the counter is BI. Today it became DL...

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seanpent
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04-Apr-2011 11:01

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Alert Admin any shortists waiting to be grilled ?

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GuavaXF30
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04-Apr-2011 10:01

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Congrats but trend does not look good. Day before consol it was 0.81. To be 0.785 now is not good sign... CHOW AH !

knightrider ( Date: 04-Apr-2011 09:47) Posted:

My price buy is S$0.255, so now should be S$0.765 ! And now trading at S$0.785, gain liao ! Still holding. Good Luck.

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knightrider
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04-Apr-2011 09:47

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Alert Admin My price buy is S$0.255, so now should be S$0.765 ! And now trading at S$0.785, gain liao ! Still holding. Good Luck.

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seanpent
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01-Apr-2011 16:35

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Alert Admin after it's base-forming ... hopefully will see a rally very soon

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knightrider
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01-Apr-2011 12:54

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Hey Wake up, wake up ! I refer to your comment as well as the stock. Not delisted la ! So you must park your $$$ for good in this counter and let it growth or die on its own. You must have true confident or lost hope, either way. I think it is going up, hopefully I am correct. Good Luck.

yoyoing ( Date: 01-Apr-2011 11:29) Posted:

I have this stock Raffles E6D since last year and this morning I saw that is has delisted ! What is going to happen to my shares ?

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yoyoing
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01-Apr-2011 12:44

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Alert Admin Thanks a lot man, was shocked when saw DL today. Feel better now. Thanks for the information guys, much appreciated :)

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xingge
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01-Apr-2011 12:39

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The shares consolidated 3 to 1 and has acquired a new code: NR7. Your shares should be still there, but reduced by one third. Price is up by 3 accordingly. So your holdings should still be the same value roughly. Right now, you should either sell off your odd lots or buy more to make up a nice round lot in NR7. Check with your broker for details. And see SGX website for the Raffles Edu announcements about this since a month ago.

yoyoing ( Date: 01-Apr-2011 11:57) Posted:

I have not received any news regarding this at all...the last time I saw it, a few days ago, the counter is BI. Today it became DL...

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yoyoing
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01-Apr-2011 12:37

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Alert Admin I tried to log in but lost my password so I was quite anxious about what is happening, decide to ask around rather than to wait for my log in afew days later...

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