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For my personal opinion. It is a good news. Mr Chew put it his own money to save the company and now he deserves to own more shares, he took the risks and surely need deserved the rewards. This company will just be more profitable and successful in education industry instead of buying so many properties and trying to become a real estate player.
good ..??
Joelton ( Date: 11-May-2026 10:13) Posted:
Raffles Education Limited: Proposed Refinancing & Special Dividend
Key Transaction Highlights
The company is proposing a Refinancing Exercise to replace existing debt with new long-term securities:
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Bond Buyback: The company will purchase and cancel S$35.03 million of existing listed Convertible Bonds held by Mr. Chew and Ms. Doris.
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New Issue: As payment, the company will issue S$35.03 million in new 5-year unlisted, non-convertible unsecured bonds with a 5.5% coupon rate (down from the previous 6%).
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Warrants: The package includes 538.9 million detachable warrants, each allowing the holder to buy one new share at S$0.065.
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Maturity Extension: This move extends the company' s debt maturity by 5 years, providing greater financial flexibility.
Special Interim Dividend
To share the benefits of the cash preservation with all investors, the Board intends to declare a Special Interim Dividend:
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Amount: S$0.003 per ordinary share.
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Condition: This dividend is strictly conditional upon shareholders approving the Proposed Refinancing at an upcoming Extraordinary General Meeting (EGM).
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Raffles Education Limited: Proposed Refinancing & Special Dividend
Key Transaction Highlights
The company is proposing a Refinancing Exercise to replace existing debt with new long-term securities:
-
Bond Buyback: The company will purchase and cancel S$35.03 million of existing listed Convertible Bonds held by Mr. Chew and Ms. Doris.
-
New Issue: As payment, the company will issue S$35.03 million in new 5-year unlisted, non-convertible unsecured bonds with a 5.5% coupon rate (down from the previous 6%).
-
Warrants: The package includes 538.9 million detachable warrants, each allowing the holder to buy one new share at S$0.065.
-
Maturity Extension: This move extends the company' s debt maturity by 5 years, providing greater financial flexibility.
Special Interim Dividend
To share the benefits of the cash preservation with all investors, the Board intends to declare a Special Interim Dividend:
-
Amount: S$0.003 per ordinary share.
-
Condition: This dividend is strictly conditional upon shareholders approving the Proposed Refinancing at an upcoming Extraordinary General Meeting (EGM).
what is the news about today? cancellation of bonds?
A disappointed run today. Short live gap up and got shot down.
TraderBen ( Date: 08-May-2026 09:49) Posted:
why wanna go against the flow? this type of results and comments from company.. very hard to go down one
easywin ( Date: 08-May-2026 09:11) Posted:
| Shorted at opening and hopefully can get some return form yesterday ASTI losses |
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Same business model as raffles Edu?
piscesmonkey ( Date: 08-May-2026 11:51) Posted:
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See asti chiong up
Im not going against the good announment but im trade in diffrent way as usually sell on news in sgx market except yesterday ASTI going other direction that why sometime can made a wrong decision, anyway I had covered partial at 149. bros happy trading
TraderBen ( Date: 08-May-2026 09:49) Posted:
why wanna go against the flow? this type of results and comments from company.. very hard to go down one
easywin ( Date: 08-May-2026 09:11) Posted:
| Shorted at opening and hopefully can get some return form yesterday ASTI losses |
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Very sure NAV is calculated on book value rather than the current
market value of the assets. Iskandar and China very big ownership.
Even at book value its tradingbmore than 50 percent discount.
Developing education business in Indonesia as a season operator
very good.
Joelton ( Date: 08-May-2026 10:01) Posted:
Raffles Education Delivers Resilient Business Performance with Strengthened Balance Sheet in 9M2026
&bull Highlighting the resiliency of its private education business model in ASEAN built over 36 years, the Group&rsquo s revenue remained relatively stable with core earnings of S$22.71 million in 9M2026, despite the disposal of Raffles Hefei (which owns Wanbo Science and Technology Vocational College) that was completed in the 1st Half of FY2026 and the impact of a stronger Singapore dollar.
&bull Net cash generated from operating activities improved to S$16.25 million during 9M2026, supported by advance course fee collections.
&bull Liquidity position improved with increased cash and bank balances of S$46.18 million as at 31 March 2026 (as compared to S$16.86 million as at 30 June 2025), alongside deleveraging and strategic asset monetisation initiatives.
&bull Total Group borrowings reduced substantially to S$84.99 million as at 31 March 2026, compared to S$206.78 million as at 31 March 2025, of which S$40.99 million was attributable to its Hong Kong Stock Exchange-listed subsidiary, Oriental University City Holdings (H.K.) Ltd and net value of S$35.19 million convertible bonds (gross value $38.83m), of which net value of S$31.75 million (gross value $35.03m) is held by the Company&rsquo s Chairman and CEO, Mr Chew Hua Seng.
&bull The Company&rsquo s standalone bank borrowings have been reduced to zero.
&bull Finance costs decreased to S$10.67 million in 9M2026, reflecting lower borrowings and reduced interest rates as part of the Group&rsquo s ongoing deleveraging efforts and strategic asset monetisation initiatives.
&bull Net assets increased to S$713.17 million that are mainly anchored by substantial freehold property assets with net asset value per ordinary share of 35.13 SG cents as at 31 March 2026.
&bull Underpinning its resilient private education business model in ASEAN, Raffles Education benefits from a highly scalable platform with low incremental capital expenditure as a substantial portion of its land and buildings, classified as property, plant and equipment and developed for its core education operations, are fully paid up and unencumbered.
&bull The Group is focusing on the expansion of its premium K&ndash 12 education segment across ASEAN, including plans to establish a new K&ndash 12 campus in Jakarta, Indonesia, in the second half of 2026.
&bull Alongside a significant reduction in borrowings, the Group aims to further strengthen its financial performance through disciplined cost management across its operations, driving margin expansion and supporting the delivery of long-term sustainable value as a premier education group in Asia.
Commenting on the results for 9M2026 and business outlook, Chairman and CEO of RafflesEducation, Mr. Chew Hua Seng （ 周 华 盛 ） said, &ldquo For 36 years, we have built up
Raffles Education&rsquo s business model into a resilient and scalable private education platform in Asia, supported by a strong underlying asset base.
This foundation enables us to expand efficiently with low incremental capital expenditure while continuing to grow our core education offerings with high academic standards
across key markets in ASEAN.
Combined with our deleveraging efforts over the past few years, including strategic asset monetisation initiatives undertaken during the period, the Group is advancing toward a
net cash position, with greater flexibility to pursue strategic growth opportunities with our premium K&ndash 12 curriculum in Southeast Asia.
By balancing financial discipline, operational efficiency and strategic expansion, we remain committed to creating long-term value for our stakeholders and further reinforcing our leadership in Asia&rsquo s education sector.&rdquo
See link: https://links.sgx.com/FileOpen/RafflesEdu_PR_3Q2026_7May2026.ashx?App=Announcement& FileID=887987
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Raffles Education Delivers Resilient Business Performance with Strengthened Balance Sheet in 9M2026
&bull Highlighting the resiliency of its private education business model in ASEAN built over 36 years, the Group&rsquo s revenue remained relatively stable with core earnings of S$22.71 million in 9M2026, despite the disposal of Raffles Hefei (which owns Wanbo Science and Technology Vocational College) that was completed in the 1st Half of FY2026 and the impact of a stronger Singapore dollar.
&bull Net cash generated from operating activities improved to S$16.25 million during 9M2026, supported by advance course fee collections.
&bull Liquidity position improved with increased cash and bank balances of S$46.18 million as at 31 March 2026 (as compared to S$16.86 million as at 30 June 2025), alongside deleveraging and strategic asset monetisation initiatives.
&bull Total Group borrowings reduced substantially to S$84.99 million as at 31 March 2026, compared to S$206.78 million as at 31 March 2025, of which S$40.99 million was attributable to its Hong Kong Stock Exchange-listed subsidiary, Oriental University City Holdings (H.K.) Ltd and net value of S$35.19 million convertible bonds (gross value $38.83m), of which net value of S$31.75 million (gross value $35.03m) is held by the Company&rsquo s Chairman and CEO, Mr Chew Hua Seng.
&bull The Company&rsquo s standalone bank borrowings have been reduced to zero.
&bull Finance costs decreased to S$10.67 million in 9M2026, reflecting lower borrowings and reduced interest rates as part of the Group&rsquo s ongoing deleveraging efforts and strategic asset monetisation initiatives.
&bull Net assets increased to S$713.17 million that are mainly anchored by substantial freehold property assets with net asset value per ordinary share of 35.13 SG cents as at 31 March 2026.
&bull Underpinning its resilient private education business model in ASEAN, Raffles Education benefits from a highly scalable platform with low incremental capital expenditure as a substantial portion of its land and buildings, classified as property, plant and equipment and developed for its core education operations, are fully paid up and unencumbered.
&bull The Group is focusing on the expansion of its premium K&ndash 12 education segment across ASEAN, including plans to establish a new K&ndash 12 campus in Jakarta, Indonesia, in the second half of 2026.
&bull Alongside a significant reduction in borrowings, the Group aims to further strengthen its financial performance through disciplined cost management across its operations, driving margin expansion and supporting the delivery of long-term sustainable value as a premier education group in Asia.
Commenting on the results for 9M2026 and business outlook, Chairman and CEO of RafflesEducation, Mr. Chew Hua Seng （ 周 华 盛 ） said, &ldquo For 36 years, we have built up
Raffles Education&rsquo s business model into a resilient and scalable private education platform in Asia, supported by a strong underlying asset base.
This foundation enables us to expand efficiently with low incremental capital expenditure while continuing to grow our core education offerings with high academic standards
across key markets in ASEAN.
Combined with our deleveraging efforts over the past few years, including strategic asset monetisation initiatives undertaken during the period, the Group is advancing toward a
net cash position, with greater flexibility to pursue strategic growth opportunities with our premium K&ndash 12 curriculum in Southeast Asia.
By balancing financial discipline, operational efficiency and strategic expansion, we remain committed to creating long-term value for our stakeholders and further reinforcing our leadership in Asia&rsquo s education sector.&rdquo
See link: https://links.sgx.com/FileOpen/RafflesEdu_PR_3Q2026_7May2026.ashx?App=Announcement& FileID=887987
Ben. Don?t need to teach him. He knows what he is doing. So excited to see so much sell volumes. Cheers, great weekend ahead.
TraderBen ( Date: 08-May-2026 09:49) Posted:
why wanna go against the flow? this type of results and comments from company.. very hard to go down one
easywin ( Date: 08-May-2026 09:11) Posted:
| Shorted at opening and hopefully can get some return form yesterday ASTI losses |
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why wanna go against the flow? this type of results and comments from company.. very hard to go down one
easywin ( Date: 08-May-2026 09:11) Posted:
| Shorted at opening and hopefully can get some return form yesterday ASTI losses |
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Let go up 20cents 1days? 🤣
piscesmonkey ( Date: 08-May-2026 09:07) Posted:
| Bought 500lots at 151 this type of result can go up 20cents very fast |
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Shorted at opening and hopefully can get some return form yesterday ASTI losses
Hopefully China land acquisitions price will be out this month.
Bought 500lots at 151 this type of result can go up 20cents very fast
BBs didn?t push until high high the last few days . They are very nice . Letting more get on board. Anyway I was saying don?t chiong also cannot .just that the auto correct I didn?t notice .
Huats! Open 160?
Neutral_Guy ( Date: 07-May-2026 23:51) Posted:
I think he means Big Boys load it up with big volume(like at 1.49 to 1.51). Then presses the price down a bit with some and collect more at lower prices(at 1.47 to 1.49 range). Not sure if I interpreted correctly. Anyway, prices will be up tomorrow morning. Likely 0.18 to 0.2 range.
Barcalo ( Date: 07-May-2026 22:33) Posted:
| What you talking? Don't understand. |
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I think he means Big Boys load it up with big volume(like at 1.49 to 1.51). Then presses the price down a bit with some and collect more at lower prices(at 1.47 to 1.49 range). Not sure if I interpreted correctly. Anyway, prices will be up tomorrow morning. Likely 0.18 to 0.2 range.
Barcalo ( Date: 07-May-2026 22:33) Posted:
What you talking? Don't understand.
TraderBen ( Date: 07-May-2026 22:20) Posted:
Very nice BBs want more to board 1st..
Look at the news just released. don?t just also cannot liao..
https://links.sgx.com/1.0.0/corporate-announcements/OG1PJWY3ULN3DUKI/446582fe9a5b0d0127119c46890adc7b22397a57bc3ce2eac1946d03d67977cb |
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Oh... Very nice. 👍 👌
Sunraku ( Date: 07-May-2026 22:33) Posted:
Raffles Education Delivers Resilient Business Performance with Strengthened Balance Sheet in 9M2026.
&bull Highlighting the resiliency of its private education business model in ASEAN built over 36 years, the Group&rsquo s revenue remained relatively stable with core earnings of S$22.71 million in 9M2026, despite the disposal of Raffles Hefei (which owns Wanbo Science and Technology Vocational College) that was completed in the 1st Half of FY2026 and the impact of a stronger Singapore dollar.
&bull Net cash generated from operating activities improved to S$16.25 million during 9M2026, supported by advance course fee collections.
&bull Liquidity position improved with increased cash and bank balances of S$46.18 million as at 31 March 2026 (as compared to S$16.86 million as at 30 June 2025), alongside deleveraging and strategic asset monetisation initiatives.
&bull Total Group borrowings reduced substantially to S$84.99 million as at 31 March 2026, compared to S$206.78 million as at 31 March 2025, of which S$40.99 million was attributable to its Hong Kong Stock Exchange-listed subsidiary, Oriental University City Holdings (H.K.) Ltd and net value of S$35.19 million convertible bonds (gross value $38.83m), of which net value of S$31.75 million (gross value $35.03m) is held by the Company&rsquo s Chairman and CEO, Mr Chew Hua Seng.
&bull The Company&rsquo s standalone bank borrowings have been reduced to zero.
&bull Finance costs decreased to S$10.67 million in 9M2026, reflecting lower borrowings and reduced interest rates as part of the Group&rsquo s ongoing deleveraging efforts and strategic asset monetisation initiatives.
&bull Net assets increased to S$713.17 million that are mainly anchored by substantial freehold property assets with net asset value per ordinary share of 35.13 SG cents as at 31 March 2026.
&bull Underpinning its resilient private education business model in ASEAN, Raffles Education benefits from a highly scalable platform with low incremental capital expenditure as a substantial portion of its land and buildings, classified as property, plant and equipment and developed for its core education operations, are fully paid up and unencumbered.
&bull The Group is focusing on the expansion of its premium K&ndash 12 education segment across ASEAN, including plans to establish a new K&ndash 12 campus in Jakarta, Indonesia, in the second half of 2026.
&bull Alongside a significant reduction in borrowings, the Group aims to further strengthen its financial performance through disciplined cost management across its operations, driving margin expansion and supporting the delivery of long-term sustainable value as a premier education group in Asia.
RafflesEdu_PR_3Q2026_7May2026.pdf |
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What you talking? Don't understand.
TraderBen ( Date: 07-May-2026 22:20) Posted:
Very nice BBs want more to board 1st..
Look at the news just released. don?t just also cannot liao..
https://links.sgx.com/1.0.0/corporate-announcements/OG1PJWY3ULN3DUKI/446582fe9a5b0d0127119c46890adc7b22397a57bc3ce2eac1946d03d67977cb |
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