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Raffles Education ( (SG:NR7) ) has provided an announcement.
Raffles Education Limited has announced the conversion and cancellation of some of its convertible bonds, resulting in the issuance of 12,449,230 new shares at a conversion price of S$0.065 per share. This move increases the company’s share capital and reduces its outstanding convertible bonds, potentially impacting its financial structure and market positioning. The newly issued shares will be listed on the SGX-ST Mainboard, with trading commencing on December 4, 2025.
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 company based in Singapore, operating in the education sector. It focuses on providing educational services and has a market presence through its various subsidiaries.
Average Trading Volume: 6,599,440
Technical Sentiment Signal: Buy
Current Market Cap: S$164.6M
Learn more about NR7 stock on TipRanks’ Stock Analysis page.