FIL Fairview International Plc

Fairview International PLC

("Fairview" or the "Company")

Corporate Presentations

Fairview, the operator of international schools following the International Baccalaureate curriculum, is pleased to announce that two principals from the Fairview schools network have delivered presentations at corporate events in Malaysia this week.

Dr Vincent Chian, Principal of the Fairview's school in Kuala Lumpur, presented to the British Malaysian Society's Trade and Investment Forum held on Tuesday 19 November 2024 at the offices of the Malaysian Investment Development Authority on techniques to drive innovation in education.

Professor Dr Gopinathan, Principal of the Fairview's school in Ipoh, Malaysia, presented at an event in Kuala Lumpur on Thursday 21 November 2024 for Malaysian businesses seeking to expand into the United Kingdom.

In their presentations, Dr Chian and Dr Gopinathan made the following points:

·    Fairview's schools have achieved significant accolades in the 46 years that the network has been in operation, including being named as the top International Baccalaureate school in Malaysia over four consecutive years as well as being ranked in the top 1% of International Baccalaureate schools in the world over five consecutive years

·    This has been achieved through a highly competitive cost structure, with Fairview school fees around half of average International Baccalaureate school fees in Malaysia

·    With 38% of all international schools having opened since January 2022, there is considerable scope to expand Fairview's business through acquisition

·    "Building an Ecosystem" through connecting international schools in the UK and Asia provides added benefit for both students and teachers

·    Schools are naturally operationally geared business models with each additional student providing incrementally higher profitability

Dr Gopinathan's and Dr Chian's presentations are available to download on the Company's website at www.fairviewplc.uk.

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About Fairview International PLC

Fairview owns and 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, and were subsequently acquired by Agodeus Sdn Bhd, a company owned by the Chian family, in 2012. 

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.  All schools in the Fairview network are individually recognised by the International Baccalaureate Organisation as fully accredited to offer the IB programme across the primary and middle years; ages 5 to 16, with Fairview Kuala Lumpur also offering the diploma programme for 16 to 19 year olds.  Each of the schools not owned by the Company use the Fairview brand under licence from the Company accessing the resources of the Fairview Network. 

The school in Kuala Lumpur is the largest and flagship school that uses the Fairview brand, whilst the school in Johor focuses on the expatriate market in Singapore and so is internationally focused.

The Company plans to acquire more schools which can offer international education including the International Baccalaureate programmes both in Asia and the UK.  The Company in particular believes there is an opportunity to acquire underperforming private independent schools in the UK and adapt its product offering to be authorised to offer the International Baccalaureate programme.  With a rise in popularity of the International Baccalaureate programme in both the independent and state sector in the UK, with a growing acceptance of International Baccalaureate graduates by UK universities, the Directors believe that the Company's schools will appeal particularly to the ASEAN, China and Hong Kong market; particularly families looking for an educational foundation in the UK prior to studying at a UK University.