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Raffles Education ( (SG:NR7) ) has provided an update.
Raffles Education has converted a portion of its outstanding convertible bonds into equity, issuing 876,923 new shares at S$0.065 each to bondholders on 16 February 2026. This move slightly increases its share capital and marginally reduces its bond liabilities, reflecting ongoing use of equity financing and incremental balance sheet adjustment.
Following the conversion, the company’s issued share base rose to 1,539,506,798 shares, while the principal amount of its outstanding convertible bonds declined to S$38.83 million. The new shares will begin trading on the SGX Mainboard on 23 February 2026, modestly diluting existing shareholders but enhancing the company’s equity base and market float.
The most recent analyst rating on (SG:NR7) stock is a Hold with a S$0.14 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. The company is listed on the Mainboard of the Singapore Exchange, giving it access to capital markets to support its growth and financing activities.
Average Trading Volume: 20,648,786
Technical Sentiment Signal: Buy
Current Market Cap: S$204.2M
Learn more about NR7 stock on TipRanks’ Stock Analysis page.