Raffles Education Corp plans to buy Hefei Wanbo Education Management Co, which runs a college in China's Anhui province for RMB208.5million (S$41.1m).
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_93A79D433247A6CD48257419005EE779/$file/WanboAcquisition.pdf?openelement
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