TMC Education announces new management, board following sale of TMC Academy
Singapore
CATALIST-listed TMC Education Corporation has new management and board of directors following the completion of the sale of its education subsidiary, TMC Academy, to the company's former controlling shareholders.
TMC Academy was sold for S$6.32 million to Advanced Investment Holdings, a special purpose vehicle controlled by TMC Education's executive chairman Chin Kon Yuen and his wife Yeow Cheng Khim, the firm's director and chief executive.