The company was founded by CEO Chew Hua Seng and listed in January 2002. Chew astutely played up the company’s niche as a private school operator, in line with the government’s economic thrust then to make Singapore an education hub.
Raffles Education’s (SGX:NR7
) share price made a significant comeback in the past year, gaining more than 280% from a mere 4 cents to around 15 cents. However, this is still far from the peak of more than $3.50 achieved in 2007.
Meanwhile, its market capitalisation right now stands at $230 million, compared to its net assets worth some $640 million as at June 30, 2025, which are backed by substantial freehold properties across Asia.
