RAFFLES EDUCATION LIMITED

Raffles Education Limited is an education company, which is engaged in education and education-related services through its network of institutions across Asia-Pacific and Europe. Its segments include Education, Education Facilities Rental Service, Real Estate Investment & Development, and Corporate & Others. Education segment offers students a range of degrees, diploma and full-time certification programs in design and business-oriented disciplines at post-secondary level. Education Facilities Rental Service segment is engaged in education facilities leasing and commercial leasing for supporting facilities. It owns and leases out certain investment properties to colleges in Oriental University City. Real Estate Investment & Development segment participates in real estate investments and development. The Company, through its subsidiary, Oriental University City Holdings (H.K.) Ltd., leases educational facilities to 15 educational institutions, offering vocational and technical courses. Employees 2,500 Sector School, College & University