Raffles Education details full deployment of treasury-share sale proceeds
SGX Filings
Jan 29
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.
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.