Friday, July 20, 2012
Raffles Edu
Raffles Edu: Subsi Hebei Oriental has agreed to sell approx 118 mu of land for $31.8m to Langfang Tianying. The land is located at the periphery of Di Kou Village of Langfang Oriental University.
The value of the land was priced at approx $10.2m and co will record a $21.6m gain. Raffles Edu now trades at 0.6x P/B
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