MindChamps Preschool Limited

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

SINGAPORE (Aug 21): RHB is maintaining its “buy” call on MindChamps Preschool with a lowered target price of 94 cents, mainly due to a lower sector valuation.

SINGAPORE (Aug 10): The trade war has become a reality as the US and China have imposed 25% tariffs on each other’s products worth US$34 billion ($46.4 billion) each.

SINGAPORE (Aug 6): MindChamps Preschool saw a near doubling of 2Q earnings to $1.3 million from $0.7 million in 2Q17 on higher revenue.

SINGAPORE (July 26): Keppel Capital Ventures has signed a non-binding memorandum of understanding (MOU) with MindChamps PreSchool to establish a new private fund with an initial target fund size of $200 million.

SINGAPORE (July 26): Keppel Capital Ventures has signed a non-binding memorandum of understanding (MOU) with MindChamps PreSchool to establish a new private fund with an initial target fund size of $200 million.

SINGAPORE (July 11): MindChamps PreSchool, the largest operator of premium range preschool centres in Singapore, has a market share of 38.5%, based on number of private childcare centres.

SINGAPORE (May 9): RHB Securities is maintaining its “buy” on MindChamps Preschool despite 1Q18 results coming in below estimates on seasonal effects and higher operating costs from expansion.

SINGAPORE (May 7): MindChamps Preschool reported 1Q18 earnings ended March fell by 51% to $0.34 million from $0.69 million a year ago on higher cost of sales from expansion.

SINGAPORE (Apr 26): MindChamps PreSchool has inked agreements to acquire four more early learning centres in Sydney, Australia, for a total of A$13 million ($13.1 million).