S Chand Subsidiary Acquires CPD Singapore Education Services for SGD 1.50 Million
S Chand And Company Limited's subsidiary NSHIPL has agreed to acquire 100% ownership in CPD Singapore Education Services for SGD 1.50 million through a two-tranche structure. The Singapore-based target company specializes in international curriculum publishing and has maintained stable turnover between SGD 891,000-958,000 over recent years. The strategic acquisition, expected to complete by February 28, 2026, will expand S Chand's international curriculum capabilities and market presence in Middle East, South Asia, and SAARC regions.
*this image is generated using AI for illustrative purposes only.
S Chand & Company has announced a strategic acquisition that will expand its presence in international education markets. The company's wholly owned subsidiary New Saraswati House (India) Private Limited (NSHIPL) has executed definitive agreements to acquire 100% ownership in CPD Singapore Education Services Pte. Limited for SGD 1.50 million.
Transaction Structure and Timeline
The acquisition is structured as a two-tranche deal with specific payment allocations:
| Component | Amount | Purpose |
|---|---|---|
| Subscription | SGD 535,000 | Fresh issuance of shares |
| Purchase | SGD 965,000 | Acquisition from management shareholders |
| Total Consideration | SGD 1,500,000 | Complete ownership transfer |
The transaction is expected to be completed by February 28, 2026, subject to the terms and conditions outlined in the Framework Agreement and Share Purchase Agreement. Upon completion, CPD Singapore will become a wholly owned subsidiary of NSHIPL and consequently a step-down subsidiary of S Chand And Company Limited.
Target Company Profile
CPD Singapore Education Services Pte. Limited was incorporated in Singapore on November 27, 2015, under the Companies Act 1967. The company operates from its registered office at 63 Hillview Avenue, Singapore, and specializes in education support services and international curriculum publishing.
| Parameter | Details |
|---|---|
| Incorporation Date | November 27, 2015 |
| Registration Number | UEN: 201541784W |
| Primary Business | International Curriculum (IB/IGCSE) publishing |
| Geographic Presence | Singapore |
The company's business activities include:
- Publishing of International Curriculum (IB/IGCSE) school books
- Education support services
- Publishing and distributing children's books
- Educational flashcards and related materials
Financial Performance
CPD Singapore has demonstrated consistent operational performance over the past three years:
| Year | Turnover (SGD '000s) |
|---|---|
| 2024 | 891 |
| 2023 | 958 |
| 2022 | 910 |
The company has maintained stable revenue levels, with turnover ranging between SGD 891,000 and SGD 958,000 over the three-year period.
Strategic Rationale
The acquisition aligns with S Chand's expansion strategy and addresses specific portfolio gaps. The company has identified two primary strategic objectives:
- International Curriculum Exposure: The acquisition fills a significant gap in S Chand Group's portfolio by adding International Baccalaureate (IB) and International General Certificate of Secondary Education (IGCSE) curriculum capabilities
- Market Expansion: Increased exposure to international markets, particularly in the Middle East, South Asia, and SAARC regions
The transaction does not fall within the scope of related party transactions, and no promoter, promoter group, or group companies have any interest in the entity being acquired. The deal is structured as a cash consideration transaction and requires no governmental or regulatory approvals for completion.
Compliance and Disclosure
S Chand And Company Limited made this announcement pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by Company Secretary Jagdeep Singh on January 10, 2026, ensuring full compliance with regulatory requirements for material corporate actions.
Historical Stock Returns for S Chand & Company
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.56% | -2.82% | +3.07% | -14.69% | -22.31% | 0.0% |
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