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Raffles Education ( (SG:NR7) ) has provided an update.
Raffles Education Limited has entered into a Subscription Agreement with Miao, Lijie for the issuance of unlisted, non-convertible bonds worth S$500,000 as part of its ongoing bond issue. This move is part of the company’s strategy to raise up to S$20,000,000 through bond issuance, which could impact its financial positioning and provide additional capital for its operations.
More about Raffles Education
Raffles Education Limited, incorporated in Singapore, operates in the education sector, providing educational services and managing educational institutions across various regions.
YTD Price Performance: -12.50%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $45.51M
See more insights into NR7 stock on TipRanks’ Stock Analysis page.