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Raffles Education ( (SG:NR7) ) has issued an update.
Raffles Education has converted a portion of its outstanding convertible bonds into equity, issuing 11,526,105 new ordinary shares at S$0.065 per share following bondholder conversions totalling S$749,197 in principal. This transaction increases the company’s issued share capital from 1,516,732,363 to 1,528,258,468 shares and reduces its outstanding convertible bonds from S$40.31 million to S$39.56 million, with the new shares ranking pari passu with existing stock and scheduled to begin trading on the SGX-ST Mainboard on 26 December 2025, slightly shifting the group’s capital structure toward equity and marginally diluting existing shareholders.
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-incorporated education services group that operates through various subsidiaries, focusing on providing educational programmes and related services, with its shares listed on the Mainboard of the Singapore Exchange (SGX-ST).
Average Trading Volume: 10,720,477
Technical Sentiment Signal: Buy
Current Market Cap: S$196.9M
See more insights into NR7 stock on TipRanks’ Stock Analysis page.