KinderWorld Education Group said to consider $53m Singapore IPO

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KinderWorld Education Group, which runs schools across Southeast Asia, is considering a Singapore initial public offering that could raise about S$70 million ($53 million), people with knowledge of the matter said.

The company is working with advisers on a planned IPO that could value it at about S$300 million, according to the people, who asked not to be identified because the process is private. KinderWorld is aiming to sell shares as soon as the second half of the year, the people said.

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