MindChamps Preschool Limited announced that its overall IPO was 21.4x subscribed and the public tranche was 83x subscribed. Other than the Cornerstone Investors, Institutional investors who has been allotted 5% of more of the Offering Shares include:

  • ICH Capital Pte Ltd
  • Island Asset Management Pte Ltd
  • JF Asset Management Limited
  • SUTL Holdings Pte Ltd

Mr. David Chiem Phu An, Founder CEO and Executive Chairman of MindChamps PreSchool
Limited said: “The positive demand from both institutional and retail investors is a strong testament to MindChamps PreSchool’s unique investment proposition and cutting-edge 3-Mind education model. Building on our leading position as the largest operator and franchisor of premium preschools centres in Singapore, we plan to strengthen and expand our presence overseas to take the MindChamps movement from Singapore to the world and capture the growth of the early childhood education industry globally.”

“The successful listing is an important milestone in …