Floating Button
Home News Company in the news

Chip Eng Seng flags possible impairment of China education investments

The Edge Singapore
The Edge Singapore • 2 min read
Chip Eng Seng flags possible impairment of China education investments
Chip Eng Seng’s carrying value of its 34.97% stake in Yuanda is $11.7 million
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Construction firm Chip Eng Seng Corporation, which in recent years has diversified into education, has warned it might have to make an impairment on its investments in China.

Over the past week, the Chinese government has introduced new regulatory measures targeting the tuition industry, which has been a lucrative one attracting overseas capital.

Among others, the tuition providers are to be made non-profit organisations.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.