Chinese investors acquired 30% stake in Tsingda eEDU Corporation from RRJ Capital, Capvent and Oversea-Chinese Banking Corporation Limited (SGX:O39) for approximately $210 million on January 12, 2016. Jay Tai of Proskauer Rose LLP acted as legal advisor for Oversea-Chinese Banking Corporation Limited.

Chinese investors completed the acquisition of 30% stake in Tsingda eEDU Corporation from RRJ Capital, Capvent and Oversea-Chinese Banking Corporation Limited (SGX:O39) on January 12, 2016.