Fairview operates two private independent schools in Malaysia that offer the International Baccalaureate programme. One of these schools is located in Kuala Lumpur, the capital of Malaysia, and the other is located in the southern state of Johor close to the border with Singapore. These schools trade under the Fairview brand which was founded in 1978. There are three other schools in Malaysia and one in the United Kingdom that also trade under the Fairview brand, which are outside of the Company’s group but to which the Company provides administrative services.
The Company plans to develop a wider network of schools which can offer international education including the International Baccalaureate programmes both in Asia and the UK. With a rise in popularity of the IB programme around the world, the Directors believe that the Company’s schools will appeal particularly to the ASEAN, China and Hong Kong markets.
The Admission price was 10p per ordinary share, resulting in a market capitalisation of £55.6 million. A fundraising in the gross amount of £2.65 million was completed on Admission.
The DMH Stallard Corporate team was led by Nick Williams and included Emma Lopez and Amber Monaghan.