MindChamps explained

MindChamps
Type:Public company
Industry:Education
Location:Singapore, Australia
Key People:David Chiem (Founder CEO)
Website:Official website

MindChamps is an early childhood educator headquartered in Singapore. It is the first early childhood educator to list on the Singapore Exchange (SGX).[1] [2]

Its pedagogy is based on the research of neuroscientist Allan Snyder from the University of Sydney, which included Snyder's study of the Champion Mindset.[3] [4]

Based in Singapore and Leichhardt, an Inner West suburb of Sydney, in New South Wales, Australia,[5] [6] it primarily offers infant care and bilingual academic programs, nursery, and kindergarten services.

History

MindChamps was founded in Australia in 1998 as an educational research centre in Sydney, by Australian David Chiem.[7] [8] In 2008, it opened its first preschool in Singapore.[9] It subsequently expanded its number of schools through a mix of company-owned, company operated centres, and as well as franchising.

In 2015, MindChamps opened a franchise in the Philippines.[10] [11]

In 2016, it launched its first Chinese preschool in Singapore.[12]

In 2017, MindChamps acquired a 50 percent stake in Actors Centre Australia.[13] The company was publicly listed on the Singapore Exchange (SGX) in November 2017,[14] [15] [16] making it the only childhood education provider to be listed on SGX. In 2018, it expanded into Malaysia through a master franchise agreement signed with Victoria Education.[17]

In 2019, it opened its first preschool in Myanmar.[18]

In 2021, MindChamps established a joint venture company with Indonesia's Mayapada Group to bring MindChamps’ schools to Indonesia.[19]

Notes and References

  1. Web site: Teng. Angela. 17 November 2017. MindChamps becomes first pre-school operator here to launch IPO. 2021-07-26. TODAYonline.
  2. Web site: Bloomberg Market Info - MindChamps Preschool Ltd. 2021-07-25. www.bloomberg.com.
  3. Web site: 2020-05-14. Can MindChamps Preschool Ltd be The Next Growth Champion?. 2021-07-12. TheFinance.sg. en-US.
  4. Web site: 2015-09-15. 90 percent of a child's brain development happens before age 5. 2021-07-12. Inquirer Lifestyle. en-US.
  5. Web site: 2019-11-06. Solidifying Australian presence with the opening of flagship Sydney centre. 2021-07-26. Sector. en-AU.
  6. Web site: 2018-10-11. MindChamps expands Australian presence. 2021-07-09. Sector. en-AU.
  7. Web site: 2019-02-18. Incredible rags-to-riches story behind education guru's success. 2021-07-26. NewsComAu. en.
  8. Web site: How MindChamps aims to build a brand while educating the next generation. 2021-07-12. The Drum. en.
  9. Web site: MindChamps Inspiring Stories Enterprise Singapore. 2021-07-27. www.enterprisesg.gov.sg. en.
  10. Web site: kathnicken. 2019-02-19. MindChamps International preschool. 2021-07-27. Being Super Mom. en.
  11. Web site: Annual Report 2020.
  12. Web site: Ong. Alexis. 2016-02-15. MindChamps launches its first Chinese pre-school in Tampines The Straits Times. 2022-01-27. www.straitstimes.com. en.
  13. News: 29 May 2017. MindChamps Holdings owns a 50 per cent stake in ACA. The Straits Times. 9 July 2021.
  14. Web site: 2017-11-23. This pre-school firm is listing in Singapore and hopes to go global. 2021-07-09. CNBC. en.
  15. Web site: 2019-08-06. The Organisational Culture Needed for a Successful Business Today. 2021-07-26. MONEY FM 89.3.
  16. Web site: MindChamps ends first day of trading in Singapore. 2021-07-02. Nikkei Asia. en-GB.
  17. News: 19 October 2018. MindChamps Expands Into the Malaysian Market. The Sector.
  18. Web site: 2019-06-27. The World's leading preschool: MindChamps is ready to shape the future of Myanmar's children. 2021-07-27. The Myanmar Times.
  19. Web site: Felicia . Tan. 2021-11-02. MindChamps to enter Indonesian market via JVC with Indonesia's Mayapada group. 2021-12-21. The Edge Markets.

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