Dear readers, you would have agreed with me that MindChamps stock which recently made its debut on the SGX amidst a much oversubscription has performed well. Yesterday, MindChamps stock closed at $0.96 per share which is $0.13 (or 15.66%) above its IPO per share of $0.83 per share. I believe investors who are invested into MindChamps did so for a couple of reasons like the MindChamps brand name, the growth prospects of private early childhood education in Singapore and the fact that SPH, a Temasek-linked company has a stake in MindChamps. MindChamps owns, operates and franchises infant care centres, pre-schools, enrichment centres as part of its business.

Yesterday, it was announced that children attending MOE kindergartens will be given priority to enter the primary school that shares a compound with their kindergarten. When I read this news, I could not help but think of …