Raffles Education (SG:NR7) has released an update.
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Raffles Education Limited has entered into subscription agreements with six investors for the issuance of unlisted, non-convertible bonds worth S$3 million. These bonds, part of a larger S$20 million offering, are being subscribed for investment purposes without the intention of influencing the company’s management. The issuance relies on safe harbor exemptions under Singapore’s financial regulations.
For further insights into SG:NR7 stock, check out TipRanks’ Stock Analysis page.
