Raffles Education Limited Announces Full Utilisation of Treasury Share Sale Proceeds
Raffles Education Limited Announces Full Utilisation of Treasury Share Sale Proceeds
Singapore, 28 January 2026 – Raffles Education Limited (“the Company”) has released an important update regarding the use of proceeds from the recent sale of treasury shares. This disclosure is especially relevant to shareholders and investors, as it details the allocation of funds and provides transparency on the Company’s financial management.
Key Highlights from the Report
- Completion of Treasury Share Sale: The Company previously announced on 16 December 2025 that it sold 10,000,000 treasury shares.
- Net Proceeds Raised: After deducting sale-related expenses of S\$3,479, the Company raised a total of S\$1,326,521 from the sale of these shares.
- Full Utilisation of Proceeds: As of the latest update, all net proceeds have been fully utilised for general working capital purposes.
Detailed Breakdown of Fund Utilisation
The net proceeds were allocated as follows:
| Use of Proceeds |
Amount (S\$) |
| Personnel expenses |
661,000 |
| Interest expenses |
452,635 |
| Other payables |
47,667 |
| Other operating expenses |
165,219 |
| Total |
1,326,521 |
Important Considerations for Shareholders
- Alignment with Previous Guidance: The utilisation of the proceeds is consistent with the intended use and allocation as previously communicated by the Company. This transparency is a positive indicator of management’s adherence to its stated plans and proper governance.
- Potential Impact on Share Value: The full allocation of treasury share sale proceeds towards operational needs, especially for personnel and interest expenses, may prompt investors to monitor the Company’s ongoing cash flow and funding requirements. While the allocation itself follows standard practices, investors may wish to consider the implications of using equity-related financing for recurring expenses rather than for growth initiatives or debt reduction.
- Liquidity Position: The fact that proceeds were used for working capital, including significant personnel and interest expenses, might indicate ongoing liquidity management efforts. Investors should continue to assess the Company’s broader financial position and future capital requirements.
Conclusion
Raffles Education Limited has fully utilised the S\$1.33 million raised from its treasury share sale in line with its prior announcements, primarily supporting operational and financial obligations. This update provides clarity on the Company’s use of equity financing and reinforces management’s commitment to transparent reporting. However, investors should remain attentive to the Company’s future funding strategies and their potential impact on shareholder value.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. All investors should conduct their own due diligence and consult with their financial advisors before making investment decisions.
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