Raffles Education Completes SG$750,000 Bond Issuance

MT Newswires

2024/12/02

Raffles Education (SGX:NR7) has completed the issuance of SG$750,000 in non-convertible bonds to third-tranche subscribers, bringing the total raised under its proposed bond issue to SG$16.3 million, according to a Friday filing on the Singapore Exchange.

The bonds were issued to subscribers Chew Han Wei (S$500,000) and Chew Hua Mong (S$250,000). The company had previously completed bond issuances of SG$15.5 million to first and second-tranche subscribers.

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