Wednesday, September 22, 2010

Raffled Edu

Raffled Edu: Co. announced that it has incorporated a subsidiary, ‘Raffles Design Institute’ in the Philipines with an initial investment of $0.5m, which will engage in activities relating to provision of private higher education, notably in Fashion Design, Fashion Marketing & Management, Visual communication and Interior Design….

News not expected to have any material impact on group’s Eps or Nta for FY11. Technically, stocks near term resistance at $0.31 followed by $0.34, with support at $0.29

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