Raffles Education Fully Deploys Treasury Share Sale Proceeds for Working Capital
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Raffles Education Limited has fully utilized S$1,326,521 from the sale of 10 million treasury shares for working capital. The funds primarily covered personnel expenses and interest costs, aligning with the company's plans to support day-to-day liquidity. The latest analyst rating for Raffles Education (SG:NR7) is a Hold, with a price target of S$0.18. Raffles Education operates in the private education sector in Singapore, focusing on educational services and related operations.
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