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An update from Raffles Education ( (SG:NR7) ) is now available.
Raffles Education has converted S$39,000 worth of its outstanding convertible bonds into equity, issuing 600,000 new ordinary shares at a conversion price of S$0.065 per share. This move increases the company’s issued share capital from 1,528,258,468 to 1,528,858,468 shares and marginally reduces its remaining convertible bonds from S$39,556,715 to S$39,517,715, with the new shares set to begin trading on the SGX Mainboard on 2 January 2026, slightly diluting existing shareholders while incrementally strengthening the equity base.
The most recent analyst rating on (SG:NR7) stock is a Buy with a S$0.34 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 various subsidiaries, focusing on providing education services and related offerings across its markets. The company is listed on the Mainboard of the Singapore Exchange (SGX-ST), where its ordinary shares are publicly traded.
Average Trading Volume: 11,944,301
Technical Sentiment Signal: Buy
Current Market Cap: S$204.2M
See more data about NR7 stock on TipRanks’ Stock Analysis page.