Raffles Education Limited
SSGX:NR70.08
SGD
+0.00
(+2.44%)
ISIN
SG2C97968151
Return %
Stock
S&P 500
1Y
20.00
13.14
3Y
52.73
80.78
5Y
18.31
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
SGD
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Hua Seng Chew
- Full Time Employees
- 2,500
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- No 15-22 Singapore CE Singapore 238164
- IPO Date
- Jan 24, 2002
- Website
- raffles.education
- Similar Companies
- Business
- Raffles Education Limited, an investment holding company listed on the Singapore Exchange (SGX:NR7), provides education and related services through its network of institutions across Asia Pacific and Europe. The company operates primarily in the Education segment, offering diploma, undergraduate, and postgraduate programs in design disciplines including animation, digital media, fashion, graphic, interior, jewellery, product, video games, visual communication design, photography, and fashion marketing and management; business disciplines comprising accountancy, business administration, commerce, entrepreneurship and small business operation, marketing, supply chain and logistic operations, and tourism and hospitality management; technology disciplines such as applied electronics and instrumentation, computer science, electronics and communication, electrical engineering, cloud computing and IT security, and information technology; as well as applied psychology, foundation studies, English language, pre-tertiary education, American K12 curriculum, and Chinese national public school programs; it also engages in the Education Facilities Rental Service segment through leasing education and commercial facilities, particularly via its subsidiary Oriental University City Holdings (H.K.) Ltd., and the Real Estate Investment & Development segment involving property investments and developments supporting educational operations, alongside education consulting, business and management consultancy, and vocational training services. Raffles Education conducts operations in countries including Cambodia, China, India, Indonesia, Italy, Malaysia, Saudi Arabia, Singapore, Thailand, and others across ASEAN, North Asia, South Asia, Australasia, and Europe, serving more than 24,000 students with hands-on, industry-relevant programs from its 16 educational institutions in 9 countries. Founded in 1990 and headquartered at 111 Somerset Road in Singapore, the company changed its name from Raffles Education Corporation Limited in October 2022; recent developments include the announced sale of Raffles Education Square at 51 Merchant Road in Singapore's Clarke Quay for S$121.8 million to a joint venture of LaSalle Investment Management and Elevate Capital Group, expected to complete by end-January 2026, yielding net proceeds of S$121.3 million to optimize its balance sheet, extinguish associated debt, and redeploy capital into working capital and higher-yielding initiatives, as well as the divestment of its stake in Hefei Yuren Management Co Ltd for approximately S$76 million, generating a net cash inflow to streamline operations.