Raffles Education announced on Jan, 28 2026 that it has fully utilised the 1.33 million Singapore dollars in net proceeds generated from the sale of 10,000,000 treasury shares disclosed on Dec, 16 2025.

The money was applied to general working capital: 0.661 million Singapore dollars for personnel expenses, 0.453 million Singapore dollars for interest payments, 0.048 million Singapore dollars for other payables and 0.165 million Singapore dollars for other operating costs.

The company said the allocations are in line with the plan outlined in the earlier disclosure.