Raffles Education Limited announced the allotment and issuance of 31.83 million new shares on Apr, 24 2026 under its scrip dividend scheme applied to a special interim dividend. The shares were priced at 0.12 Singapore dollars each, representing a total value of roughly 3.8 million Singapore dollars.
Following the issuance, the company’s share base has risen to 1,817,275,767 from 1,785,442,633. The new shares were credited to shareholders’ Central Depository accounts on Apr, 24 2026 and are expected to begin trading on the Singapore Exchange’s Mainboard on or about Apr, 28 2026, subject to final listing approval.
Shareholders who did not opt for the scrip option will receive their special interim dividend in cash around Apr, 28 2026.