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Raffles Education Completes S$20 Million Bond Issuance

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An update from Raffles Education ( (SG:NR7) ) is now available.

Raffles Education Limited has successfully completed the issuance of unlisted, non-convertible bonds totaling S$20,000,000. The final tranche of S$1,750,000 was issued to Chew Hua Seng, marking the completion of the proposed bond issue. This development is part of the company’s strategy to strengthen its financial position, and shareholders are advised to remain cautious in their dealings.

More about Raffles Education

Raffles Education Limited, incorporated in Singapore, operates in the education sector, providing educational services and programs through its subsidiaries.

YTD Price Performance: -12.50%

Technical Sentiment Signal: Sell

Current Market Cap: $42.2M

See more data about NR7 stock on TipRanks’ Stock Analysis page.

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