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The latest announcement is out from Raffles Education ( (SG:NR7) ).
Raffles Education Limited announced the conversion and cancellation of a portion of its Convertible Bonds, resulting in the issuance of 155,384 new ordinary shares at a conversion price of S$0.065 per share. This increases the company’s issued share capital while reducing its outstanding Convertible Bonds, with the new shares set to be listed and traded on the Mainboard of the Singapore Exchange starting December 18, 2025. The move reflects Raffles Education’s efforts to maintain financial flexibility and adjust its capital structure, which may influence its market positioning and stakeholder relations.
The most recent analyst rating on (SG:NR7) stock is a Hold with a S$0.12 price target. To see the full list of analyst forecasts on Raffles Education stock, see the SG:NR7 Stock Forecast page.
More about Raffles Education
Raffles Education Limited is a Singapore-based company operating in the education sector. The company provides education services through its institutions across Asia-Pacific and focuses on shaping human capital through innovative and professional education.
Average Trading Volume: 9,175,919
Technical Sentiment Signal: Buy
Current Market Cap: S$205.5M
See more insights into NR7 stock on TipRanks’ Stock Analysis page.