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Raffles Education ( (SG:NR7) ) has shared an update.
Raffles Education Limited has issued 584,615 new ordinary shares at S$0.065 per share following the conversion of S$38,000 in principal amount of its convertible bonds, in line with the terms of its 30 August 2022 Convertible Bonds Trust Deed. This conversion increases the company’s issued share capital from 1,528,858,468 to 1,529,443,038 shares, reduces outstanding convertible bonds from S$39,517,715 to S$39,479,715, and the new shares—ranking pari passu with existing stock—will begin trading on the SGX Mainboard on 9 January 2026, slightly diluting existing shareholders while marginally decreasing the firm’s debt obligations.
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, operating through subsidiaries to provide education services and related offerings. The company is listed on the Mainboard of the Singapore Exchange and focuses on delivering educational programmes and solutions in its key markets.
Average Trading Volume: 14,133,506
Technical Sentiment Signal: Buy
Current Market Cap: S$200M
See more data about NR7 stock on TipRanks’ Stock Analysis page.