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Raffles Education ( (SG:NR7) ) has shared an announcement.
Raffles Education Limited has announced the issuance of unlisted, non-convertible bonds amounting to S$10,000,000, with the first tranche of S$1,000,000 being subscribed by Triplestar Holdings Pte. Ltd. This move is part of a strategic financial initiative to bolster the company’s capital structure, with the subscriber confirming the investment is solely for personal benefit without intentions to influence the company’s management or control.
More about Raffles Education
Raffles Education Limited, incorporated in Singapore, operates in the education sector, providing educational services and programs through its subsidiaries.
Average Trading Volume: 120,591
Technical Sentiment Signal: Sell
Current Market Cap: S$58.12M
Find detailed analytics on NR7 stock on TipRanks’ Stock Analysis page.