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Raffles Education ( (SG:NR7) ) just unveiled an announcement.
Raffles Education Limited has announced a favorable final arbitral award from the Singapore International Arbitration Centre concerning a dispute involving misrepresentation and breach of warranties. The award grants the company and its subsidiary, Path Education Corporation, damages and costs totaling over S$6 million, including interest, while dismissing the counterclaims of the respondents. This decision is expected to positively impact the company’s financial position and reinforce its market credibility.
More about Raffles Education
Raffles Education Limited, incorporated in Singapore, operates in the education industry, focusing on providing educational services and managing educational institutions. The company is involved in various educational ventures and partnerships, aiming to enhance learning experiences and expand its market presence.
Average Trading Volume: 337,465
Technical Sentiment Signal: Sell
Current Market Cap: S$60.89M
For an in-depth examination of NR7 stock, go to TipRanks’ Overview page.