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Raffles Education Announces Third Tranche Bond Subscription

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Raffles Education Announces Third Tranche Bond Subscription

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Raffles Education ( (SG:NR7) ) has issued an update.

Raffles Education Limited has announced the issuance of unlisted, non-convertible bonds totaling up to S$10,000,000, with a recent agreement for a third tranche of S$1,000,000 with subscriber Ng San Tiong. The subscriber has confirmed the investment is for personal benefit without intentions to influence company management, adhering to regulations under the SFA.

More about Raffles Education

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

YTD Price Performance: 61.11%

Average Trading Volume: 995,838

Technical Sentiment Signal: Hold

Current Market Cap: S$80.26M

For an in-depth examination of NR7 stock, go to TipRanks’ Overview page.

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