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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Malvern International Plc | LSE:MLVN | London | Ordinary Share | GB00BNBVJZ07 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 20.00 | 19.00 | 21.00 | 20.00 | 19.25 | 20.00 | 0.00 | 08:00:07 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Schools & Education Svcs,nec | 6.6M | -1.08M | -0.0443 | -4.51 | 4.89M |
TIDMMLVN
RNS Number : 8108L
Malvern International PLC
24 July 2017
24 July 2017
MALVERN INTERNATIONAL PLC
("Malvern" or the "Company")
EduTrust Accreditation for Singapore Operations
As part of the implementation of its strategic plan announced in November 2016, and following the improvements made in its Singapore operations, Malvern applied to have its EduTrust Certification in Singapore re-instated. Malvern International is pleased to announce that this application has been approved by the Committee for Private Education (CPE) in Singapore and the certification has been re-instated with immediate effect.
The EduTrust Certification Scheme is a voluntary scheme for private education institutions in Singapore to allow them to benchmark themselves against high standards of management and delivery of educational services. It is a prerequisite for any educational institute seeking to enrol international students. Malvern's certification was ceased in 2013 when some of the EduTrust requirements were not met.
The re-established accreditation of the EduTrust Certification will enable Malvern International Academy in Singapore to attract and enrol international students to its campus and adopt a similar strategy to that of its sister school in London, Malvern House London. The offering will start with English language delivery followed by a few diploma courses. Malvern International Academy is also applying for the registration of a few other new courses that are in demand by the industry and expected to be well received by international students.
Dr Sam Malafeh stated that, "The team in Singapore has worked very hard for the last nine months to turn the situation around. The operation has been through two extensive internal reviews followed by major improvements in setting a systemic and robust approach to operations, meeting the regulatory requirements and providing the best service and quality delivery. The leadership team in Singapore proved that they are capable of delivering the results. This accreditation is a key step in establishing the Singapore school as a centre of excellence in the country and the region."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
ENDS
Contacts: Malvern International plc www.malverninternational.com Haider Sithawalla - CEO +65 64120733 Dr Sam Malafeh - Deputy CEO +65 83860155 WH Ireland Limited Nominated Adviser & Broker Mike Coe, Ed Allsopp +44 (0) 117 945 3470
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
July 24, 2017 02:00 ET (06:00 GMT)
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