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An update from Raffles Education ( (SG:NR7) ) is now available.
Raffles Education Limited has further reduced its outstanding convertible bond obligations through a new round of bond conversions, continuing to use equity issuance as a capital management tool. On 6 January 2026, the company allotted and issued 946,321 new ordinary shares at S$0.065 per share following the conversion of S$61,511 in principal amount of convertible bonds, increasing its issued share capital to 1,530,389,404 shares and reducing the remaining convertible bonds to S$39,418,204. The new shares, which rank pari passu with existing stock, will begin trading on the SGX Mainboard on 16 January 2026, slightly diluting existing shareholders while modestly strengthening the company’s equity base and lowering its debt-like 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 listed on the SGX Mainboard, operating through subsidiaries to provide education-related services and programmes in its key markets.
Average Trading Volume: 15,382,398
Technical Sentiment Signal: Buy
Current Market Cap: S$201.5M
Find detailed analytics on NR7 stock on TipRanks’ Stock Analysis page.