Raffles Edu    Last:0.124    -0.005

A Few Good Men

Friday normally will go red....

 

This news no gap up? Maybe later more seller?

 

Very good observation Sir. If same parameters applied as in 2020 - may net a gain of over S$150 mill over book value. (back of the envelope calculation) DYOD

Huatzaibi      ( Date: 30-Jan-2026 04:46) Posted: Go check raffles education 12 Jun 2020 announcement. Have got related previous land acquisition news before in hefei city.

 

This also comes in great timing while the company trying be be asset light. Really a good news. Spend some time to think about it. What possibilities could come shortly.

 

Will the Chinese low ball? They are known for low balling.

Scary

 

More good news coming. That?s why must keep and don?t contra. Maybe need few weeks to get good results.

 

Should test the 0.18 again later

Huatzaibi      ( Date: 30-Jan-2026 04:10) Posted: Today sure gap up. More liquid cash coming. No need find buyer for land. Get cash from China govt. Huat

 

If this is true then good . Anyway if really drop I can add more

Cheers

Huatzaibi      ( Date: 30-Jan-2026 04:10) Posted: Today sure gap up. More liquid cash coming. No need find buyer for land. Get cash from China govt. Huat

 

https://links.sgx.com/FileOpen/REC%20Announcement%20-%20Compulsory%20Land%20Acquisition%20-%2012%20June%202020.ashx?App=Announcement&FileID=617750

 

Go check raffles education 12 Jun 2020 announcement. Have got related previous land acquisition news before in hefei city.

 

Today sure gap up. More liquid cash coming. No need find buyer for land. Get cash from China govt. Huat

 

Compensation will be made by the china govt to land owners. Do not mislead the people.

 

Please don't make negative post on the news Go Google and you will know china do land compensation payout for acciquistion china urban land acquisition policy compensation China?s urban land acquisition policy mandates compensation for acquiring rural collective land for development, based on Area-Related Compensation Local Standards (RCLP) and agricultural output value. Compensation includes land value, resettlement subsidies, and ground attachments, often capped at 30 times the average annual output value of the previous three years. Key Aspects of Land Acquisition Compensation: Compensation Components: Payments typically include compensation for the land itself, a resettlement allowance for displaced persons, and compensation for crops or attachments. Valuation Method: Historically based on a 6?10 times multiplier of average annual production value (AAPV). Since 2019, the new Land Management Law officially adopted Regional Comprehensive Land Prices (RCLP) for more standardized, localized compensation.

 

Back to 133?

TraderBen      ( Date: 30-Jan-2026 00:33) Posted: Wah huge piece of land kena repossessed in China. Worth sgd 113m, means the govt won?t pay a single cent? GG liao Tmr sure drop 30% min

 

GOVERNMENT ACQUISITION OF THE GROUP' S LAND IN THE PEOPLE&rsquo S REPUBLIC OF CHINA

The board of directors (the &ldquo Board&rdquo or the &ldquo Directors&rdquo ) of Raffles Education Limited (the &ldquo Company&rdquo , and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that the Company&rsquo s subsidiary, Langfang Hezhong Education Consulting Co., Ltd. (formerly known as Langfang Hezhong Real Estate Development Co., Ltd.) (&ldquo Hezhong&rdquo ) has received a notice (the &ldquo Notice&ldquo ) from the Langfang Economic and Technological Development Zone Natural Resources and Planning Bureau (&ldquo Langfang Planning Bureau&rdquo ) that in accordance with Article 58(1) of the Land Administration Law of the People&rsquo s Republic of China and in order to implement the urban planning needs of Langfang Development Zone and to promote urban development and construction, the government shall implement the re-possession of its land located on both sides of Li Siguang Road, Gu' an County, Langfang City, Hebei Province with an area of approximately 499 mu (the &ldquo Land&rdquo ) (the &ldquo Proposed Government Acquisition&rdquo ).

The Board has been informed by Hezhong that Hezhong had, on 27 January 2026, responded to the Notice stating that they would cooperate earnestly in accordance with Chinese laws and regulations and that they stand ready to engage with the Langfang Planning Bureau regarding the specific details of the Proposed Government Acquisition. The Notice does not set out the terms, conditions or other material details of the Proposed Government Acquisition, and Hezhong has indicated that it will engage with the Langfang Planning Bureau.

As at the date of this announcement, the Group has not received any further details from the Langfang Planning Bureau and is therefore unable at this time to assess and disclose the impact of the Proposed Government Acquisition on the Group. Based on the latest audited financial statements of the Group for the financial year ended 30 June 2025, the book value of the Land as at 30 June 2025 was RMB 639,225,229 (equivalent to S$ 113,783,369).

Shareholders and potential investors are advised to exercise caution in trading their shares and are advised to read this announcement, and any further announcements by the Company carefully. Shareholders should consult their stockbrokers, solicitors or other professional advisors if they have any doubts about the action they should take.

The Company will continue to keep shareholders updated and make further announcement(s) as and when there are material developments in relation to the foregoing. 

 

Wah huge piece of land kena repossessed in China. Worth sgd 113m, means the govt won?t pay a single cent? GG liao Tmr sure drop 30% min

 

Closing strong?

QueenMaya      ( Date: 29-Jan-2026 13:13) Posted: Definitely will happen with more dividends to be announced i am sure. Buy now at this attractive price. melody88      ( Date: 29-Jan-2026 10:02) Posted: finally  raffles coming ...... break 0.17 finally.... hope to see 0.18 series soon tmr or next week

 

Definitely will happen with more dividends to be announced i am sure. Buy now at this attractive price.

melody88      ( Date: 29-Jan-2026 10:02) Posted: finally  raffles coming ...... break 0.17 finally.... hope to see 0.18 series soon tmr or next week

 

finally  raffles coming ...... break 0.17 finally.... hope to see 0.18 series soon tmr or next week

 

Hope will break 0.20 nearer to Feb 3 ....

Barcalo      ( Date: 20-Jan-2026 11:24) Posted: Raffles Edu Cash Rich. Joelton      ( Date: 20-Jan-2026 11:17) Posted: Raffles Education seeks shareholder nod for dual sale of China asset, Merchant Road property Two extraordinary general meetings will be held on Feb 3 share price jumps    [SINGAPORE] Raffles Education is seeking shareholder approval for the disposals of its college asset in China for 426.4 million yuan (S$75.9 million) and a Merchant Road property for S$121.8 million.    Following the news, the company&rsquo s shares jumped S$0.032 or 21.3 per cent to S$0.182 on Monday (Jan 19).   The mainboard-listed company noted that the sales constitute &ldquo major transactions&rdquo and are conditional upon shareholder approval.    Hence, it will convene an extraordinary general meeting (EGM) on Feb 3 at 10 am for the sale of the Merchant Road building, and a separate EGM on the same day at 11 am for the sale of the China asset.    In October 2025, the company announced plans to convert some S$15.53 million in outstanding debt due to its chairman and chief executive officer Chew Hua Seng into new ordinary shares. It also proposed a special interim dividend of S$0.004 per share for all shareholders.    Anhui province college sale The proposed sale of Hefei Yuren Education Management, a China-incorporated company that owns a private vocational college in the Anhui province, was announced in November.    Hefei Yuren Education Management&rsquo s business operations involve the promotion of the college, Wanbo Science and Technology Vocational College.    Three of Raffles Education&rsquo s wholly owned indirect subsidiaries in China had entered a sale and purchase agreement to sell their entire stakes in Hefei Yuren Education Management to Hefei Heyi Education Consulting Management, an independent third party.    The three subsidiaries, Foodbev (Shanghai), Raffles Lasalle Education Consultancy (Shanghai) and Shanghai Shangxin Commercial Consulting, own 90 per cent, 9 per cent and 1 per cent of Hefei Yuren Education Management, respectively.     Raffles Education jumps 19% on debt conversion, special dividend plan The company said on Monday that the proposed disposal will significantly enhance its long-term financial position.    The deal will strengthen the group&rsquo s balance sheet by eliminating 314.4 million yuan of intra-group liabilities and significantly reduce its leverage.   Net cash inflow from the disposal will provide funds to repay external borrowings and to support working capital for the group&rsquo s other core education operations, the company said.     Should the proposed sale take place, Raffles Education noted that it will still have operations and schools in China, specifically in cities such as Guangzhou, Shanghai and Suzhou.    The 426.4 million yuan consideration for the proposed sale comprises an immediate cash component of 112 million yuan and the assumption of liabilities, which together were deemed to offer &ldquo optimal value and risk allocation&rdquo , said Raffles Education.    The consideration was based on several factors, including the assumption that sellers&rsquo liabilities stood at 314.4 million yuan.    This price also reflects the outcome of arms length negotiations, accounting for the future cash flow prospects of the college alongside the structure of deferred payments and prevailing market conditions for private vocational education colleges in Anhui province.    Assuming the disposal was completed on Jun 30, 2025, Raffles Education&rsquo s net tangible asset per share would be S$0.3687 after the deal, down from S$0.3915 before the deal.    Assuming the transaction was completed on Jul 1, 2024, the group would record a loss per share of S$0.0183 post-sale, compared to an earnings per share of S$0.0055 pre-sale.    Merchant Road property sale The proposed sale of the 51 Merchant Road property, known as Raffles Education Square, to a joint venture between Elevate Capital and LaSalle Investment Management was announced on Dec 1, 2025.    It is expected to yield a S$53 million gain on disposal alongside net proceeds of around S$121.3 million.    The company said in December that the deal would optimise its balance sheet and capital structure as well as facilitate clearance of the property&rsquo s associated loan, to eliminate a &ldquo significant liability and its related interest burden&rdquo .     Proceeds from the sale will be used to improve working capital and fund higher-yielding initiatives, the company added then.