MindChamps PreSchool to open 40th pre-school in Singapore by year-end

MAINBOARD-LISTED education provider MindChamps PreSchool expects to open its 40th pre-school in Singapore by year-end, the company announced on Monday.

MindChamps, which also offers infant care and enrichment services, already had nine company-owned and company-operated centres and 41 franchised centres in Singapore as at mid-2020.

The latest pre-school is a franchisee operation, a MindChamps spokesperson told The Business Times.

It did not say in its bourse filing whether the latest pre-school is a franchisee or not.

The 13,000 square foot facility will be located at the Hard Rock Hotel at Resorts World Sentosa. As part of an opening promotion, complimentary resort membership, with free parking at Resorts World Sentosa, as well as a Sentosa Islander Pass will be included in new enrolments. (see amendment note)

Singapore Press Holdings, which publishes BT, has a 20 per cent stake in MindChamps, which closed flat at S$0.29 on Monday before the announcement.

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Amendment note: An earlier version of this story stated that the new facility will be next to the Hard Rock Hotel. MindChamps has clarified that it will be at the Hard Rock Hotel.