Founder and Chief Executive Officer Ms Michelle Hiong said the proposed listing marks a significant milestone in Glorious Education’s next phase of growth as the company seeks to broaden its capital markets footprint and tap into the deep liquidity and international investor base of the Singapore markets.
“This is more than just a listing. It is a transformative step forward in our mission to build Southeast Asia’s most trusted early childhood education ecosystem, nurturing young minds from their earliest developmental stages,” she added.
Glorious Education has also partnered with MCI Capital Sdn Bhd as its financial advisor for the initial public offering (IPO).
MCI Capital noted that their engagement as advisors will include overall capital markets strategy, listing readiness, liaison with and coordination of professionals, and assistance with capital structure optimisation for the Singapore Exchange listing.
MCI Capital’s Chairman and Partner, Dato’ Cannis Chan, said Glorious Education represents the kind of purposeful, high-growth company that resonates with international investors, especially those focused on the education sector.
“We are excited to work closely with Michelle and her team to help unlock greater access to capital, enhance regional branding opportunities, and establish a long-term roadmap for international expansion across Southeast Asia,” said Dato’ Chan of the Malaysian-based private equity and investment advisory firm.
The decision to list on the Singapore Exchange (SGX) marks a significant milestone for Glorious Education as it gains access to a wider pool of sophisticated institutional investors. These investors, with their in-depth understanding of the regional early childhood education sector, will recognize the immense strategic value and growth potential inherent in the industry. This move positions Glorious Education to further solidify its presence and capitalize on the expanding opportunities in early childhood education, particularly in Asia where demand for quality education is rapidly increasing.
In a noteworthy development during the IPO financial advisor appointment ceremony, Pink Tower Childcare Centre has taken a major step towards enhancing its educational offerings by signing a Memorandum of Understanding (MoU) with EduPlay. Through this strategic partnership, EduPlay is set to become Pink Tower’s official Artificial Intelligence (AI) partner. The collaboration will see the integration of cutting-edge AI technologies into Pink Tower’s educational framework. These innovations will enable the creation of adaptive learning experiences tailored to the individual needs of children. By personalizing educational pathways, this partnership aims to enhance learning outcomes and foster a more engaging and effective educational environment. The incorporation of AI represents a forward-thinking approach to transforming the early childhood education landscape, making learning more efficient and suited to the diverse needs of young learners.
About Pink Tower Childcare Centre
Pink Tower Childcare Centre has established itself as a trusted name in early childhood education across Malaysia, known for its holistic approach to child development and innovative educational methodologies. Under the leadership of founder Ms Michelle Hiong, Pink Tower has built a reputation for providing premium childcare services that combine nurturing care with comprehensive early learning programs.
About MCI Capital Sdn Bhd
MCI Capital Sdn Bhd is a Malaysian-based private equity and corporate finance advisory firm specialising in IPO and pre-IPO advisory services. The firm has extensive experience in cross-border transactions and capital markets advisory, with particular expertise in Southeast Asian markets.
Tags: Michelle Hiong, Glorious Education Sdn Bhd, Dato’ Cannis Chan, MCI Capital, childhood education, Malaysia
