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IN BRIEF: Asia Strategic signs deal to offer English classes in Vietnam

ALN

Asia Strategic Holdings Ltd - Singapore-based developer and operator of consumer businesses located in emerging Asia - Signs deal with Kids&Us English for the development of English language centres for children in Vietnam. Says the courses are adapted to the students' ages and life experiences. Under the contract, Asia Strategic will pay Kids&Us an initial fee of about €100,000.

Kids&Us founder Natalia Perarnau says: ‘Education is a truly universal right, and we are excited about the opportunity to offer our best-in-class methodology and products in Vietnam.’

Kids&Us, founded in Manresa Barcelona in 2003, provides English language education for children from as young as one year old. The company plans to open its first four centres in Ho Chi Minh City by September this year.

Current stock price: $7.05

12-month change: down 26%

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