MLES Acquired the Largest For-Profit School in Singapore
The Maple Leaf Educational Systems (MLES) announced its 680 million Singapore dollar (US480m) completion of the Canadian International School (CIS) in Singapore.
CIS is the largest for-profit school in Singapore. According to SCI Research, with 0.9% of the population in S.E Asia, Singapore hosts 9% of the international schools. CIS’s contribution of its 4,100 students will make the Maple Education Group have a total of 70,000+ students enrolled. MLES established in 1995 in Dalian, listed on Hong Kong Stock Exchange in 2014.The Founder REN Shuliang, a Chinese Canadian, studied at the Beijing Foreign Language University and Walsh University, USA, with an honorary PhD from Queens University, Canada. As of the end of 2019, the company operates 103 schools including high schools, middle schools, elementary schools, preschools, and 3 foreign national schools. Other overseas education M&A activities in the recent year include: Achieve Education Chase Grammar School (Staffordshire, UK), CBanner (QianBaiDu) purchased 45% of Eton Pre-school Education Group, 51talk purchased the American International School of Utah (AISU), and BrightScholar (Boshile) acquired Bournemouth School in the UK.