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Raffles Education Completes Debt Settlement with Affin Bank

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Raffles Education Completes Debt Settlement with Affin Bank

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

Raffles Education Limited has announced the full settlement of outstanding debts owed by its subsidiaries, Raffles K12 and Raffles Iskandar, to Affin Bank Berhad. The final payment was made on 22 April 2025, marking the completion of the repayment process, thereby satisfying the company’s obligations to the bank. Shareholders are advised to exercise caution when dealing with the company’s shares and seek professional advice if necessary.

More about Raffles Education

Raffles Education Limited is a company incorporated in the Republic of Singapore, primarily engaged in the education sector. It operates through its wholly-owned subsidiaries, Raffles K12 Sdn Bhd and Raffles Iskandar Sdn Bhd, focusing on providing educational services.

YTD Price Performance: -75.00%

Average Trading Volume: 1,005

Technical Sentiment Signal: Buy

Current Market Cap: $44.5M

See more insights into NR7 stock on TipRanks’ Stock Analysis page.

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