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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.