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The latest announcement is out from Raffles Education ( (SG:NR7) ).
Raffles Education has converted a portion of its outstanding convertible bonds into equity, issuing 3,948,876 new ordinary shares at S$0.065 per share on 28 January 2026. This conversion increases the company’s issued share capital from 1,530,727,865 to 1,534,676,741 shares and reduces the principal amount of its outstanding convertible bonds from S$39,396,204 to S$39,139,527, marginally deleveraging the balance sheet while diluting existing shareholders; the new shares will begin trading on the SGX Mainboard on 2 February 2026, reflecting ongoing use of convertible financing in the company’s capital structure.
The most recent analyst rating on (SG:NR7) stock is a Hold with a S$0.19 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 group that operates through subsidiaries to provide education services, with its shares listed on the Mainboard of the Singapore Exchange.
Average Trading Volume: 21,268,171
Technical Sentiment Signal: Buy
Current Market Cap: S$242.3M
For an in-depth examination of NR7 stock, go to TipRanks’ Overview page.