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MindChamps to enter Indonesian market via JVC with Indonesia's Mayapada group

Felicia Tan
Felicia Tan11/1/2021 08:47 AM GMT+08  • 1 min read
MindChamps to enter Indonesian market via JVC with Indonesia's Mayapada group
The first of the MindChamps PreSchool centres are slated to open in Bali in the first quarter of 2022.
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MindChamps PreSchool Limited has established a joint venture company (JVC) with Indonesia’s Mayapada Group to bring MindChamps’ schools in Indonesia.

The Mayapada Group was founded over 25 years ago, and has business beginnings with Bank Mayapada and Duty Free Shopper (Indonesia). The group is owned by the Tahir family.

The first of the MindChamps PreSchool centres are slated to open in Bali in the first quarter of 2022. The centre will be located near the intersection marked by the iconic Dewa Ruci statue.

The 10,000 sq ft centre provides children between the ages of 18 months and 6 years old MindChamps’ research-based curriculum, the 3-Mind approach.

“I look forward to the day that every child in Indonesia will have access to an excellent education. We are honoured to partner MindChamps in taking the first step towards this vision,” says Victoria Tahir.

David Chiem, founder CEO and executive chairman of MindChamps, says, “We are honoured to be partnering the Tahir family who shares our vision and passion of nurturing the young minds of Indonesia for a better tomorrow.”

See also: Thomson Medical Group in ‘preliminary confidential discussions’ to explore potential transaction

Shares in MindChamps closed flat at 22 cents on Oct 29.

Photo: MindChamps

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