Alpha DX Group, formerly known as Alpha Energy Holdings, will be resuming trading on the SGX-ST on June 8.
The announcement was made via SGX on June 7 after the group announced on May 25, that it had successfully disposed of its oil and gas operations in the US.
The group had, in January, made the transformation through fund raising and restructuring initiatives under the leadership of veterans in the learning and education industry, Yoshiyasu Naruse, Alpha DX’s chairman and Daiji Yamada, its CEO.
Now, Alpha DX aims to transform learning and education to a “fully personalised and ubiquitous learning experience” for all learners globally.
As part of its transformation, the group acquired Singapore-based learning solutions company, Zionext in January, and Singapore-based education institute ERC Institution in April.
“The resumption of trading of Alpha DX is a testament to our efforts and commitment in the rejuvenation of the Group's business. Aligned with the strong fundamentals and long-term trends of the global learning and education industry, we look forward to utilise technology innovations to develop an ubiquitous learning platform that serve the future needs of all learners,” says Naruse.
“With our omni-channel approach that integrate traditional learning platform and innovative digital learning platform, we have made great strides in positioning the Group to participate in the future growth in Asia’s learning and education industry,” says Yamada.
“Focusing on the synergistic integration of our three main verticals being Education, Consultancy and Digital, we aim to pursue organic and inorganic initiatives to accelerate our growth plans ahead,” he adds.
Shares in Alpha DX last traded at $1.28.