April 1, 2011

HELP International Corp sees potential in Sri Lanka and Cambodia

Datuk Dr Paul Chan Tuck Hoong and Datin Chan- Low Kam Yoke looking at a model of its Subang 2 campus.

[The Star Online]
KUALA LUMPUR: HELP International Corp Bhd (HIC) is looking to expand into Sri Lanka, Cambodia, the Middle East and Africa to franchise its education programmes as well as offer professional niche courses for business continuity to rev up its revenue stream.

Group chief executive Datin Chan-Low Kam Yoke said the company would be expanding into Sri Lanka and Cambodia by the third quarter and the Middle East and Africa probably by the first quarter of next year.

“Sri Lanka and Cambodia are potential markets for the group. The former, for example, has a growing demand for good education coupled with rapid development taking shape in the country. In addition, the culture and history is almost similar to that of Malaysia and this bodes well for HIC to venture there,'' she said in an interview.

Although the population of Cambodia was relatively small, Low said the economy was picking up, further strengthened by the discovery of oil reserves there.

Since Cambodia was progressing and forthcoming in education, she added, the company felt it was a good market for the group to expand into.

Low said its colleges in the country were receiving good response from Middle East students and expected 100 plus students, which she described as a conservative figure, to enrol at its campuses by the third quarter.
Currently, 80% of HIC's revenue is derived from its local student population.

The group also has presence in Indonesia, Vietnam and China.

To date, it has more than 10,000 students in total at its campuses in Pusat BandarDamansara and Sungei Besi. It planned to set up two more in Subang 2 (near Sungei Buloh) slated in 2013 and Seri Alam in Johor in 2016.


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