---
title: "Raffles Education Faces Tax Dispute with Chinese Entity"
description: "Raffles Education Limited is facing a tax dispute with Oriental University City Development Co., Ltd, which claims the company owes approximately S$6.2 million in enterprise income tax and penalties. "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/254198911.md"
published_at: "2025-08-22T14:12:13.000Z"
---

# Raffles Education Faces Tax Dispute with Chinese Entity

> Raffles Education Limited is facing a tax dispute with Oriental University City Development Co., Ltd, which claims the company owes approximately S$6.2 million in enterprise income tax and penalties. Raffles Education, after consulting legal advisors, believes the claim is unfounded and intends to contest it. Shareholders are advised to exercise caution and seek professional investment advice. The company operates in the education sector in Singapore and has a current market cap of S$67.81 million.

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Raffles Education ( (SG:NR7) ) has provided an announcement.

Raffles Education Limited has received a Letter of Demand from Oriental University City Development Co., Ltd, alleging liability for enterprise income tax and penalties amounting to approximately S$6.2 million. The company, after consulting with legal advisors, believes the claim is unfounded and plans to contest it vigorously. Shareholders are advised to exercise caution and seek professional advice regarding their investments.

**More about Raffles Education**

Raffles Education Limited is a company incorporated in Singapore, operating in the education sector. It focuses on providing educational services and managing educational institutions across various regions.

**Average Trading Volume:** 813,613

**Technical Sentiment Signal:** Buy

**Current Market Cap:** S$67.81M

See more data about NR7 stock on TipRanks’ Stock Analysis page.

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.