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Raffles Education Completes Sixth Tranche Bond Issuance

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Raffles Education Completes Sixth Tranche Bond Issuance

Elevate Your Investing Strategy:

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

Raffles Education Limited has completed the issuance of S$1,000,000 in non-convertible bonds to Sixth Tranche Subscribers, bringing the total issued bonds to S$18,250,000. This bond issuance is part of the company’s strategy to raise funds, potentially impacting its financial stability and market positioning, while shareholders are advised to exercise caution in dealing with company shares.

More about Raffles Education

Raffles Education Limited, incorporated in Singapore, operates in the education sector, providing educational services and programs through its subsidiaries. The company focuses on delivering quality education and training across various disciplines, catering to a diverse student population.

YTD Price Performance: -12.50%

Technical Sentiment Signal: Sell

Current Market Cap: $41.32M

Learn more about NR7 stock on TipRanks’ Stock Analysis page.

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