Raffles Education Limited announced that it has fully utilised the 1.63 million Singapore dollars net proceeds from the sale of 16 million treasury shares completed on Nov, 13 2025.
The company said the funds were applied to general working capital: 0.40 million Singapore dollars for personnel expenses, 0.50 million for professional fees, 0.29 million for interest expenses, 0.21 million for other payables and 0.23 million for other operating expenses.
The deployment matches the allocation plan disclosed at the time of the transaction, Raffles Education added in a filing dated Jan, 28 2026.