Wall Street Journal: British asset manager plans to sell PSB Academy

[Chase]

(Reuters) - British asset manager Intermediate Capital Group plans to sell PSB Academy, one of Singapore's largest independent tertiary education institutions, the Wall Street Journal reported on Wednesday, citing people familiar with the situation.

The institution could be valued at as much as 700 million Singapore dollars (about $525 million), the report said.

https://www.msn.com/en-gb/news/worl...-academy-in-singapore-wsj-reports/ar-AA1Bdyll

 

[rocket]

Psb academy worth so much?

 

[Boonsiong]

Psb academy worth so much?

Many international students come here to study because they want to find jobs here after getting psb pangsaichua

 

[syed putra]

Psb academy worth so much?

Fees are astronomical. And yet..... Maybe for expats the corporate pay the fees.

 

[rocket]

Fees are astronomical. And yet..... Maybe for expats the corporate pay the fees.

Seems like for foreigners students to get students pass.

 

[Boonsiong]

Seems like for foreigners students to get students pass.

Some China female students never attend to classes after receiving pass

 

[rocket]

Some China female students never attend to classes after receiving pass

They go work elsewhere

 

[congo9]

Fees are astronomical. And yet..... Maybe for expats the corporate pay the fees.

Is it for money laundering?

 

[laksaboy]

Sell to BlackRock lah. Most of this island has been sold to BlackRock already.

 

[mojito]

What they teach? Can use skew future? Be friend class mate do join adventure? May be can start biz nest together.