MindChamps
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Company type | Public company |
---|---|
Traded as | SGX: CNE |
Industry | Education |
Founded | 1998; 26 years ago (1998) |
Headquarters | Singapore, Australia |
Key people | David Chiem (Founder CEO) |
Website | Official website |
MindChamps is an early childhood educator headquartered in Singapore. It is the first early childhood educator to list on the Singapore Exchange (SGX).[1][2][3]
Its pedagogy is based on the research of neuroscientist Allan Snyder from the University of Sydney, which included Snyder's study of the Champion Mindset.[4][5]
Based in Singapore and Leichhardt, an Inner West suburb of Sydney, in New South Wales, Australia,[6][7] it primarily offers infant care and bilingual academic programs, nursery, and kindergarten services.[3]
History
MindChamps was founded in Australia in 1998 as an educational research centre in Sydney, by Australian David Chiem.[8][9] In 2008, it opened its first preschool in Singapore.[8][10] It subsequently expanded its number of schools through a mix of company-owned, company operated centres, and as well as franchising.[10]
In 2015, MindChamps opened a franchise in the Philippines.[11][12]
In 2016, it launched its first Chinese preschool in Singapore.[13]
In 2017, MindChamps acquired a 50 percent stake in Actors Centre Australia.[14] The company was publicly listed on the Singapore Exchange (SGX) in November 2017,[2][15][16] making it the only childhood education provider to be listed on SGX.[10] In 2018, it expanded into Malaysia through a master franchise agreement signed with Victoria Education.[17]
In 2019, it opened its first preschool in Myanmar.[18]
In 2021, MindChamps established a joint venture company with Indonesia's Mayapada Group to bring MindChamps’ schools to Indonesia.[19]
In 2022, MindChamps launched MindSpace – ‘the Ultimate School After School and Enrichment Academy. The first MindSpace centre opened in Bishan in January 2022. As of 2024, there are now 28 MindSpace centres across Singapore. [20]
In July 2023, MindChamps won a trademark infringement case in China over a “copycat” school in Xi’an, the capital city of Shaanxi province. [21]
Also in July 2023, MindChamps Allied Care Group committed to donating 20% of its yearly net profits to CaringSG for 5 years. [22]
In 2024, the MindChamps Foundation, the charitable arm of MindChamps, supported the ForwardSG with a total of $400,000 in Scholarships for underprivileged children, including $200,000 for Marine Parade residents in January [23] and a further $200,000 for underprivileged students in the Pasir Ris-Punggol GRC district.
In August 2024, MindChamps made history as the first to attain Patent Status for its breakthrough education methodology in 3 major territories - the US, UK and Australia. [24]
References
- ^ Teng, Angela (17 November 2017). "MindChamps becomes first pre-school operator here to launch IPO". TODAYonline. Retrieved 2021-07-26.
- ^ a b "This pre-school firm is listing in Singapore and hopes to go global". CNBC. 2017-11-23. Retrieved 2021-07-09.
- ^ a b "Bloomberg Market Info - MindChamps Preschool Ltd". www.bloomberg.com. Retrieved 2021-07-25.
- ^ "Can MindChamps Preschool Ltd be The Next Growth Champion?". TheFinance.sg. 2020-05-14. Retrieved 2021-07-12.
- ^ "90 percent of a child's brain development happens before age 5". Inquirer Lifestyle. 2015-09-15. Retrieved 2021-07-12.
- ^ "Solidifying Australian presence with the opening of flagship Sydney centre". Sector. 2019-11-06. Retrieved 2021-07-26.
- ^ "MindChamps expands Australian presence". Sector. 2018-10-11. Retrieved 2021-07-09.
- ^ a b "Incredible rags-to-riches story behind education guru's success". NewsComAu. 2019-02-18. Retrieved 2021-07-26.
- ^ "How MindChamps aims to build a brand while educating the next generation". The Drum. Retrieved 2021-07-12.
- ^ a b c "MindChamps | Inspiring Stories | Enterprise Singapore". www.enterprisesg.gov.sg. Retrieved 2021-07-27.
- ^ kathnicken (2019-02-19). "MindChamps International preschool". Being Super Mom. Retrieved 2021-07-27.
- ^ "Annual Report 2020".
- ^ Ong, Alexis (2016-02-15). "MindChamps launches its first Chinese pre-school in Tampines | The Straits Times". www.straitstimes.com. Retrieved 2022-01-27.
- ^ "MindChamps Holdings owns a 50 per cent stake in ACA". The Straits Times. 29 May 2017. Retrieved 9 July 2021.
- ^ "The Organisational Culture Needed for a Successful Business Today". MONEY FM 89.3. 2019-08-06. Retrieved 2021-07-26.
- ^ "MindChamps ends first day of trading in Singapore". Nikkei Asia. Retrieved 2021-07-02.
- ^ "MindChamps Expands Into the Malaysian Market". The Sector. 19 October 2018.
- ^ "The World's leading preschool: MindChamps is ready to shape the future of Myanmar's children". The Myanmar Times. 2019-06-27. Retrieved 2021-07-27.
- ^ Tan, Felicia (2021-11-02). "MindChamps to enter Indonesian market via JVC with Indonesia's Mayapada group". The Edge Markets. Retrieved 2021-12-21.
- ^ https://www.straitstimes.com/singapore/mindchamps-after-school-care-scholarships-for-some-children-free-parents-to-work-full-time
- ^ https://www.straitstimes.com/singapore/courts-crime/mindchamps-wins-trademark-infringement-case-in-china-against-copycat-pre-school
- ^ https://mindchamps-prod-wp.s3.ap-southeast-1.amazonaws.com/wp-content/uploads/2023/08/17172214/MCAC-CaringSG-Press-Release-20-July-2023.pdf
- ^ https://www.straitstimes.com/singapore/mindchamps-after-school-care-scholarships-for-some-children-free-parents-to-work-full-time
- ^ https://mindchamps-prod-wp.s3.ap-southeast-1.amazonaws.com/wp-content/uploads/2024/08/30183120/20240820_SGX.pdf