Raffles Education Says Internal Audit Function Is Independent and Effective

Bitget2026/10/26 10:33

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Raffles Education backed Lim How Teck's continued board service despite securities-law charges in its Oct. 26, 2026, response to SGX queries.
Independent and nominating committees expect no significant operational impact from the charges, deeming existing safeguards sufficient.
Dataran Delapan was acquired from Chew Hua Seng's spouse and son for RM 16.81 million; the acquisition was disclosed among interested-person transactions.
Treasury-share sale proceeds funded a subsidiary's debt for an investment made on June 6, 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Raffles Education Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: XGT6M9OXF70DKU6J) on October 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Raffles Education Says Internal Audit Function Is Independent and Effective

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