MindChamps

MindChamps to open 20 international preschools in Malaysia by 2024

SINGAPORE (Oct 10): MindChamps plans to launch 20 international preschools in Malaysia by 2024, the company announced on Wednesday.

MindChamps says the 20 Malaysian preschools will be "styled as a learning village, where classrooms are clustered in community groupings around common collaborative spaces, allowing children from different ages to interact and learn in a social setting".

Main image: From left: Jeffrey Lai Jiun Jye, CEO, Victoria Education; David Chiem, founder and CEO, MindChamps PreSchool; Edwin Tan Pei Seng, MD, Victoria Education

MindChamps inks master franchise with Evergrande to open in Vietnam

SINGAPORE (Dec 19): MindChamps PreSchool has signed a master franchise agreement with Vietnam’s Evergrande Group to open 20 of its preschool and reading centres in the country.

The signing was announced today and took place between MindChamps CEO & executive chairman, David Chiem, and Evergrande’s CEO & executive chairman, Pham Tuan Son.

This comes a month after MindChamps announced its intention to launch 10 preschool centres and five reading centres in Myanmar under the MindChamps brand.

MindChamps franchisee to launch 10 preschools, 5 reading centres in Myanmar

SINGAPORE (Dec 11): Myanmar will see the opening of 10 MindChamps preschool centres and five MindChamps reading centres.

The centres will be operated by MindChamps PreSchool Passion Capital Venture, which has signed a master franchise agreement with MindChamps PreSchool.

The first MindChamps PreSchool centre is targeted to open in Yangon next August.

SPH's declining pagecount portends grim FY18 outlook, says UOB

SINGAPORE (Dec 5): UOB Kay Hian is maintaining its “sell” call on Singapore Press Holdings (SPH) while raising its target price on the stock to $2.42 from $2.38 previously to incorporate MindChamps into its valuations.

See: SPH raises stake in MindChamps Preschool

See: MindChamps lodges IPO prospectus; to sell 30.4 mil shares at 83 cents

MindChamps lodges IPO prospectus; to sell 30.4 mil shares at 83 cents

SINGAPORE (Nov 17): MindChamps PreSchool, the operator and franchisor of premium-range preschool centres in Singapore, has registered its initial public offering (IPO) prospectus with the Monetary Authority of Singapore (MAS) to list on the Mainboard of the Singapore Exchange (SGX).

The IPO will offer a total of 30.4 million shares at 83 cents each, comprising an international placement of 28.4 million shares to investors and another 2 million by way of a public offer.

It will open in Singapore at 9am tomorrow and close at 12 noon on Nov 22.

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