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MindChamps

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MindChamps
Company typePublic company
SGX: CNE
IndustryEducation
Founded1998; 26 years ago (1998)
HeadquartersSingapore, Australia
Key people
David Chiem (Founder CEO)
WebsiteOfficial 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

[edit]

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

[edit]
  1. ^ Teng, Angela (17 November 2017). "MindChamps becomes first pre-school operator here to launch IPO". TODAYonline. Retrieved 2021-07-26.
  2. ^ a b "This pre-school firm is listing in Singapore and hopes to go global". CNBC. 2017-11-23. Retrieved 2021-07-09.
  3. ^ a b "Bloomberg Market Info - MindChamps Preschool Ltd". www.bloomberg.com. Retrieved 2021-07-25.
  4. ^ "Can MindChamps Preschool Ltd be The Next Growth Champion?". TheFinance.sg. 2020-05-14. Retrieved 2021-07-12.
  5. ^ "90 percent of a child's brain development happens before age 5". Inquirer Lifestyle. 2015-09-15. Retrieved 2021-07-12.
  6. ^ "Solidifying Australian presence with the opening of flagship Sydney centre". Sector. 2019-11-06. Retrieved 2021-07-26.
  7. ^ "MindChamps expands Australian presence". Sector. 2018-10-11. Retrieved 2021-07-09.
  8. ^ a b "Incredible rags-to-riches story behind education guru's success". NewsComAu. 2019-02-18. Retrieved 2021-07-26.
  9. ^ "How MindChamps aims to build a brand while educating the next generation". The Drum. Retrieved 2021-07-12.
  10. ^ a b c "MindChamps | Inspiring Stories | Enterprise Singapore". www.enterprisesg.gov.sg. Retrieved 2021-07-27.
  11. ^ kathnicken (2019-02-19). "MindChamps International preschool". Being Super Mom. Retrieved 2021-07-27.
  12. ^ "Annual Report 2020".
  13. ^ Ong, Alexis (2016-02-15). "MindChamps launches its first Chinese pre-school in Tampines | The Straits Times". www.straitstimes.com. Retrieved 2022-01-27.
  14. ^ "MindChamps Holdings owns a 50 per cent stake in ACA". The Straits Times. 29 May 2017. Retrieved 9 July 2021.
  15. ^ "The Organisational Culture Needed for a Successful Business Today". MONEY FM 89.3. 2019-08-06. Retrieved 2021-07-26.
  16. ^ "MindChamps ends first day of trading in Singapore". Nikkei Asia. Retrieved 2021-07-02.
  17. ^ "MindChamps Expands Into the Malaysian Market". The Sector. 19 October 2018.
  18. ^ "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.
  19. ^ Tan, Felicia (2021-11-02). "MindChamps to enter Indonesian market via JVC with Indonesia's Mayapada group". The Edge Markets. Retrieved 2021-12-21.
  20. ^ https://www.straitstimes.com/singapore/mindchamps-after-school-care-scholarships-for-some-children-free-parents-to-work-full-time
  21. ^ https://www.straitstimes.com/singapore/courts-crime/mindchamps-wins-trademark-infringement-case-in-china-against-copycat-pre-school
  22. ^ https://mindchamps-prod-wp.s3.ap-southeast-1.amazonaws.com/wp-content/uploads/2023/08/17172214/MCAC-CaringSG-Press-Release-20-July-2023.pdf
  23. ^ https://www.straitstimes.com/singapore/mindchamps-after-school-care-scholarships-for-some-children-free-parents-to-work-full-time
  24. ^ https://mindchamps-prod-wp.s3.ap-southeast-1.amazonaws.com/wp-content/uploads/2024/08/30183120/20240820_SGX.pdf
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