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Raffles Education ( (SG:NR7) ) has shared an update.
Raffles Education Limited has sold 44,660,300 treasury shares on 16 January 2026 via a placement handled by Maybank Securities to a group of third-party investors that includes several prominent institutional funds and ultra high net worth individuals with no connections to the company’s directors or substantial shareholders. The sale, valued at approximately S$5.67 million, reduces the company’s treasury share balance from 47,185,300 to 2,525,000 shares, trimming treasury shares from 3.18% to 0.17% of issued shares, and is intended to strengthen the company’s financial position through repayment of borrowings and to support general working capital needs, signalling a move to bolster liquidity and balance sheet flexibility for stakeholders.
The most recent analyst rating on (SG:NR7) stock is a Hold with a S$0.14 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 private education provider that operates schools and related educational services, focusing on higher education and professional training across regional markets.
Average Trading Volume: 15,665,824
Technical Sentiment Signal: Buy
Current Market Cap: S$201.5M
See more data about NR7 stock on TipRanks’ Stock Analysis page.