48060
EDVANTAGE GROUP HOLDINGS LIMITED
Jan 31, 2024
China
East Asia and the Pacific
Nov 30, 2023
B - Limited
Active
Jul 25, 2024
Regional Industry - MAS Asia & Pac
Health, Education and Life Sciences
Approved : Dec 19, 2023
Signed : Jan 29, 2024
Invested : Jul 5, 2024
Colleges, Universities, and Professional Schools
Edvantage Group Holdings Limited (“Edvantage” or the “Company”) is a leading private sector higher and vocational education group in the People’s Republic of China (the “PRC” or “China”) with key presence in Sichuan province, a frontier province in Western China, and Guangdong province. Edvantage provides private higher educational services including technical and vocational education, and other services to approximately 86,100 students, as of August 31, 2023, across nine colleges and educational institutions in China, Australia and Singapore. Shares of Edvantage are listed on the Hong Kong Stock Exchange.
IFC is proposing to invest up to US$100 million equivalent in the form of a senior loan to Guangzhou Zhiheng Education Consulting Co., Ltd. (an indirect subsidiary of the Company) as the borrower, which will primarily be used to support the Company’s capital expenditure plan to build new buildings and facilities in its flagship colleges in Sichuan and Guangdong provinces.
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Local Access of Project Documentation
9/F, Admin Building, Guangzhou Huashang College, No.1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, PRC