SINGAPORE (THE BUSINESS TIMES) - MindChamps PreSchool has entered into a joint venture (JV) with global investment firm Foundation Corporation to establish a fund which will acquire pre-schools in the Gulf Cooperation Council (GCC) countries and operate them under the MindChamps brand.. Read more at straitstimes.com.
SINGAPORE - MindChamps PreSchool has entered into a joint venture with global investment firm Foundation Corporation to establish a fund which will acquire pre-schools in the Gulf Cooperation Council countries and operate them under the MindChamps brand.
It is also intended to have an initial term of six years, the pre-school operator said in a regulatory filing on Monday . The fund will also be established as an exempted limited partnership in the Cayman Islands. It will be managed by a general partner to be jointly incorporated by MindChamps and Foundation.
MindChamps and Foundation will also incorporate a new company which will be appointed as a master franchisee of MindChamps in the GCC.
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MindChamps to set up JV fund which will acquire preschools in the GCCMINDCHAMPS PreSchool has entered into a joint venture (JV) with global investment firm Foundation Corporation to establish a fund which will acquire preschools in the Gulf Cooperation Council (GCC) countries and operate them under the MindChamps brand. Read more at The Business Times.
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