SINGAPORE (Mar 22): MindChamps PreSchool’s Singapore subsidiary is fully acquiring MindChamps PreSchool @ Punggol Northshore from the centre’s owner, known as Chen Han, for a total consideration of $3.79 million.
In a filing on Friday, MindChamps PreSchool says the latest acquisition comes in line with its plans to expand its business.
The transaction will be funded with a combination of cash from its initial public offering (IPO) proceeds as well as an acquisition loan.
