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Sunday, April 28, 2024

Chinese students a bonanza for listed international school

CEO Kelvin Koh was an early investor in Singapore International School of Bangkok (SISB) in 2001 and his children were among its first enrolees. His shareholding in SISB Plc is now worth about 10.5 billion baht. (Photo: Bloomberg)

The growing number of wealthy Chinese leaving their homeland has been a boon for Thailand’s only SET-listed school operator and turned its chief executive officer into a multimillionaire.

Demand from Chinese students to attend SISB, originally called the Singapore International School of Bangkok, has soared, with the number enrolled more than doubling in March compared with a year earlier. 

That has helped shares of SISB Plc, listed on the Stock Exchange of Thailand, rise 216% over the past 12…

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