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Raffles Education Secures S$1 Million in Bond Subscription

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Raffles Education Secures S$1 Million in Bond Subscription

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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$1,000,000 as part of a subscription agreement with investor Miao, Lijie. This move is part of a larger bond issue strategy aimed at raising up to S$10,000,000. The subscriber has committed to investing for personal benefit without seeking control over the company, adhering to regulatory exemptions and restrictions.

More about Raffles Education

Raffles Education Limited is a company incorporated in Singapore, operating in the education sector. It focuses on providing educational services and has a network of institutions offering a range of courses and programs.

Average Trading Volume: 813,613

Technical Sentiment Signal: Buy

Current Market Cap: S$67.81M

For an in-depth examination of NR7 stock, go to TipRanks’ Overview page.

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