Raffles Education Completes Issuance SG$500,000 Bonds to Chairman-CEO's Family Member

MT Newswires

2025/03/20

Raffles Education (SGX:NR7) completed the issuance of SG$500,000 worth of bonds to Chew Han Wei, a filing with the Singapore Exchange said on Monday.

To date, an aggregate of S$17,250,000 in principal amount of bonds have been issued by the company under its proposed bond issue.

Proceeds raised will be used to refinance existing borrowings.

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