(From left) Tan, Lai, Lee and Kok at the signing ceremony.
KUALA LUMPUR: Property developer Sunsuria Bhd and Victoria Education Sdn Bhd have entered into a joint-venture (JV) agreement to establish and operate preschools under the award-winning MindChamps PreSchool Ltd (MindChamps) brand name.
Victoria Education will hold a 70% stake while Sunsuria’s wholly-owned subsidiary Sunsuria Arena Sdn Bhd will have the remaining 30% shareholding.
Victoria Education is a wholly-owned subsidiary of Paragon Education Group, the master franchisee of Singapore-based MindChamps in Malaysia.
The JV partnership is expected to bring synergistic value to Sunsuria’s flagship Sunsuria City township by offering premium quality preschool education to the residents and surrounding community.
The preschool, which will take up 7,861 sq ft, will be located at Giverny Walk, the commercial centre situated close to the Monet Residences development.
Since 2019, Victoria Education has established two MindChamps PreSchool centres in Johor Bahru, with a plan to launch 18 more preschool centres and 10 enrichment centres across Malaysia by 2024.
Based on a cutting-edge, scientifically researched curriculum, MindChamps has esteemed international experts on its World Research, Advisory and Education Team, chaired by world-renowned Neuroscientist Emeritus Prof Allan Snyder.
The MindChamps approach to learning draws inspiration from research in education, psychology, neuroscience and theatre.
“We were instinctively drawn towards MindChamps’ breakthrough preschool curriculum. It is Singaporean parents’ number one choice in the competitive Singapore market. Hence, we are determined to bring the excellent education system into Malaysia,” said Victoria Education managing director Datuk Jeffrey Lai.
Education is the hallmark of a civilised and sustainable society, added Sunsuria executive chairman Tan Sri Ter Leong Yap.
“We are proud to offer one of the region’s most recognised preschool brands in Sunsuria City, as we believe MindChamps equips young children with the right mindset and tools to stay curious and open-minded in this rapidly changing world,” he said.
“MindChamps is the perfect fit to complete our education ecosystem at Sunsuria City, which comprises primary and secondary level schools, Year 7 to Year 13 schooling under Concord College Malaysia, as well as tertiary education via Xiamen University Malaysia.
“The partnership aligns well with Sunsuria City’s Smart Liveable and Sustainable value proposition, as we strive to provide customers with products and services of quality and excellence,” said Ter.
Present at the signing ceremony were Paragon Education Group managing director Datuk Seri Edwin Tan and Sunsuria chief financial officer Lee Swee Kheng, and IT and digital development director Kenny Kok.
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