Last Price Today's Change   Day's Range   Trading Volume
0.079   0.00 (0.00%)  0.079 - 0.079  0


Avg Volume (4 weeks):0
Average Price Target: 0.65
Price Target Upside/Downside: +0.571


Date Subject
13-Nov-2019 Phillip Capital Morning Note - 13 Nov 2019

Business Background

Raffles Education Corporation Limited, an investment holding company, provides education and related services in ASEAN, North Asia, South Asia, Australasia, and Europe. It operates through Education, Education Facilities Rental Service, and Real Estate Investment & Development segments. The company provides degree, diploma, and certificate programs in various disciplines, including design, business, technology, applied psychology, K-12 education, tertiary education, foundation studies, and English language program. In addition, it operates Raffles University Iskandar; Tianjin University of Commerce Boustead College; Raffles American School that offers American K-12 education; Raffles Milano Istituto Moda e Design, which provides degree and masters programs in various disciplines of design; and Oriental University City campus. Further, it engages in education facilities leasing and commercial leasing activities for supporting facilities; and real estate investment and development activities. Additionally, the company offers education supporting and utilities management, and business and management consultancy services. It operates through 25 colleges/universities in 23 cities across 13 countries. Raffles Education Corporation Limited was founded in 1990 and is based in Singapore.

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