中国香港，2020年6月22日

根据集团发展战略，中国枫叶教育集团有限公司（“枫叶教育”或“公司”）今天宣布拟收购加拿大国际学校私人有限公司（“CIS”）。此校是新加坡领先的高端国际学校，作價6.8亿新加坡元。

交易亮点

收购新加坡最大的高端營利性国际学校

CIS在新加坡有30年的运营历史，在两个校区招收约3500名学生

此次收购将枫叶教育的业务范围扩展到了新加坡具有吸引力的国际学校领域，及全球领先的教育中心

在枫叶教育的学校网络中引入顶级世界品牌

将枫叶教育和CIS的最佳实践经验共享到全集团学校里

交易

枫叶教育将以总代價6.8亿新加坡元收购CIS的全部股权，其中包括银行债务和股份，分兩批支付：（i）在完成收购CIS90％的股权時；及（ii）根据协议中的定价公式，在截至2022年7月的学年结束后收购剩余10％的股权。预计将在2020年第三季度完成，但需要获得枫叶教育股东和监管部门的批准。

并购完成后，CIS的4,115名在校生容量将增加到枫叶教育現有的约67,200名在校生容量中（包括皇笠国际学校），使扩大后的整个集团达到约71,300名在校生容量，增长6％。在校学生总人数将增加约3,500，达到约47,000，增长8％（包括皇笠国际学校）。

枫叶教育董事长任书良博士说：

“收购CIS非常符合我们的国际发展战略，并为枫叶教育奠定了在新加坡具有吸引力的国际学校领域發展的基础。根据拟议的收购，海外学校将为枫叶教育贡献总收入的约30％。枫叶教育和CIS的結合将增强集团在东盟地区的竞争地位，并支持枫叶教育的长期增长和业务前景。此外，枫叶教育正在新加坡Hillside发展其第三个校区，可容纳800名学生。我们非常欢迎CIS加入到我们不断壮大的学校家庭。”

关于加拿大国际学校

CIS成立于1990年，是新加坡的高端品牌国际学校，为外籍和本地学生提供优质的教育服务。该校以加拿大国际学校品牌办学，为幼儿园到12年级学生提供IB国际文凭课程，共有约3,500名在校学生。两个校区均配备世界一流的设施和宽敞的户外空间， 而且还在扩建中。

CIS的学生持續在IB国际文凭课程考取优异的成绩，IB考试通过率和平均分数均远高于全球平均水平。此学校是獲受IB世界学校、Edutrust和西方高等学校协会完全认证的教育机构。CIS以其多元化社区而闻名,学生和教职员工來自74個国家及地区。其广受赞誉的中英文双语课程，由英語为母語且受过IB培训的合格老師教授，使学生完全沉浸於文化之中。

关于中国枫叶教育集团有限公司

枫叶教育于1995年在中国大连成立，拥有中国最大的私立国际学校网络。截至2020年3月31日，枫叶教育在中国，澳大利亚和加拿大运营100所学校，包括高中、初中、小学、幼儿园和外籍人员子女学校，共有超過43,500多名学生就读。

如有查询，请联系

中国枫叶教育集团有限公司

电话：香港(+852) 3955-1013

Email:ir@mapleleaf.net.cn

公司官网：http://www.mapleleaf.net.cn/

HONG KONG, 22 June, 2020

In line with its strategy, China Maple Leaf Educational Systems Ltd. (“MLES” or the “Company”), today announced the proposed acquisition of Canadian International School Pte. Ltd. (“CIS”), a leading premium international school in Singapore, for SGD680 million.

Deal highlights

Acquisition of one of the largest for-profit premium international schools in Singapore

CIS has a 30-year operating history in Singapore with approximately 3,500 students enrolled across its 2 campuses 

The acquisition extends the footprint of MLES into the attractive international school sector in Singapore, a leading global education hub

Brings a top-tier brand name into MLES’s portfolio of schools

Opportunities to share best practices from MLES and CIS across the whole group

Transaction

MLES will acquire 100% of CIS for a total purchase consideration of SGD680 million, including the settlement of the existing bank debt and theshare consideration, payable in two tranches: (i) upon completionof the acquisition of a 90% shareholding in CIS; and (ii) upon acquisition of the remaining 10% shareholding after the close of the academic year ending in July 2022, based on an agreed pricing formula. Expected completion is in Q3 2020, subject to MLES’ shareholders and regulatory approval.

Upon completion of the transaction, CIS will add a capacity of 4,100students to MLES’s current total capacity of approximately67,200 students (inclusive of Kingsley Edugroup), bringing the enlarged group total student capacity to over 71,300, an increase of 6%. The total student enrolment will increase by approximately 3,500 to 47,000, an increase of 8% (inclusive of Kingsley Edugroup). 

[Chairman of MLES, Dr Sherman Jen], said “The acquisition of CIS is an excellent fit with our strategy to grow internationally and gives MLES a base in the attractive international school sector in Singapore. Following the acquisition, overseas schools will generate approximately 30% of MLES’s total revenue. The combination of CIS and MLESwill enhance the competitive position of the Group in the ASEAN region, and support MLES’s long-term growth and business prospects. In addition, MLES is developing its third campus at Hillside, with a capacity for 800 students. We are excited to welcome CIS to our growing family of schools.” 

About CIS

Founded in 1990, CIS is a for profit premium international school in Singapore providing high quality education to expatriate and local students. Operating under the Canadian International School brand, CIS delivers the International Baccalaureate (“IB”) curriculum to Nursery/Pre-Kindergarten up to grade 12 students, with approximately 3,500 students across two campuses with best-in-class facilities and large outdoor spaces, which are undergoing expansion. 

CIS’ students consistently achieve strong IB Diploma Programme results with pass rates and average scores that are significantly above the global average. It is a fully accredited education institution by IB World School, Edutrust and Western Association of Schools and Colleges. CIS is well known for its culturally diverse community represented by over 74 nations across its students and faculty staff, and its highly acclaimed bilingual English/ Chinese program where students are fully immersed culturally and taught by qualified native speakers who are also IB trained.

About China Maple Leaf Educational Systems Limited

MLES was established in 1995 in Dalian, China. It operates the largest network of private international schools in the PRC. As at31 March2020, MLES operates over 100 schools including high schools, middle schools, elementary schools, preschools and foreign national schools located in China, Australia, Canada and Malaysia with more than 43,500 students enrolled in total. 

For further enquiries, please contact 

China Maple Leaf Educational Systems Ltd.

Telephone:(+852) 3955-1013

Email:ir@mapleleaf.net.cn

Company Website:www.mapleleafschools.com