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Raffles Education ( (SG:NR7) ) has shared an update.
Raffles Education Limited has fully utilised the S$1,326,521 in net proceeds raised from the sale of 10 million treasury shares announced in December 2025, applying the funds toward general working capital needs. The bulk of the proceeds went to personnel expenses and interest costs, with the remainder allocated to other payables and operating expenses, and the company confirmed that this deployment is consistent with its previously stated plans, underscoring the role of the share sale in supporting day-to-day liquidity and financial obligations.
The most recent analyst rating on (SG:NR7) stock is a Hold with a S$0.18 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 in the private education sector. The company focuses on providing educational services and related operations, employing staff and incurring operating and financing costs typical of institutions in this industry.
Average Trading Volume: 21,113,390
Technical Sentiment Signal: Buy
Current Market Cap: S$242.3M
For detailed information about NR7 stock, go to TipRanks’ Stock Analysis page.