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Press Release FOR IMMEDIATE RELEASE

MATRIX & BONANZA EDUCARE TO FORM A STRATEGIC COLLABORATION IN EDUCATION Key Highlights • Matrix Global Education Sdn Bhd to form a dynamic strategic collaboration with Bonanza Educare Sdn Bhd. • Founder and Group Executive Deputy Chairman of Matrix Concepts Holdings Berhad (MCHB) Dato' Lee Tian Hock and Group Executive Chairman of Bonanza Venture Holdings Sdn Bhd (BVH) Dato’ Lim Si Boon announce the new integrated collaboration with immediate effect. • The collaboration will create a formidable education institution to provide a holistic education for the students and to accelerate the achievement of the Matrix Global Schools’ vision and its core values. Seremban, Negeri Sembilan, 16 January 2019 – Matrix Global Education Sdn Bhd, a subsidiary of Matrix Concepts Holdings Berhad, has formed a strategic collaboration today with Bonanza Educare Sdn Bhd, a subsidiary of Bonanza Venture Holdings Sdn Bhd, the founding company of Tenby Educare schools, with the aim to change the face of quality education in Malaysia. The collaboration will create a formidable education institution to provide a holistic education for the students and to accelerate the achievement of the Matrix Global Schools’ values and vision to be ‘second to none’ and its core values. Announcing the collaboration today, Dato’ Lee said: “We are delighted to be coming together to form a strategic collaboration with Bonanza Venture and this formation will take us up another step to offer the best educational experience to our current and future students. Our students are at the heart of everything we do as we strive to ensure we are giving them the very best education and experience that we can.” “We are excited to join the Matrix Global School community,” said Dato’ Lim. "For nearly two decades, we have deeply rooted ourselves in the education sector in Malaysia, resulting in a unique perspective with a specialist team. By combining our strengths, we can jointly deliver even greater value to all stakeholders.” Sharing his excitement for the future Dato Lim’ also said “Matrix Global Schools is a young school with impressive infrastructure. It’s inspiring to see the hard work that’s gone into building such an aspirational school. We will invest our resources to ensure each child in Matrix Global Schools is successful in their academic and social emotional learning journey, and thrives in a safe and nurturing environment.” Under the Tenby Schools brand, Dato’ Lim Si Boon created one of the largest international and private schools group in Malaysia. The organisation operated seven campuses, with more than 5,400 students and 730 staff to meet the need of a high quality, middle-cost, private local and international schools, from pre-school to pre-university levels. Group Managing Director of Matrix Concepts Holdings Berhad, Mr. Ho mentioned during the signing “We are confident that this strategic collaboration will lead Matrix Global Schools to a higher level of excellence, true to our school vision to be ‘second to none’. Our students will be immersed in a globalminded community where they are guided by our core value of “East meets West” emphasising on filial and compassion, while “West meets East” emphasising on creative and participation. The collaboration agreement was signed by Ho Kong Soon, Group Managing Director of Matrix Concepts Holdings Berhad and Dato’ Lim Kheng Loy, Director of Bonanza Venture. The signing ceremony was witnessed by Dato’ Lee Tian Hock, Founder and Group Executive Deputy Chairman Matrix Concepts Holdings Berhad and Dato’ Lim Si Boon, Group Executive Chairman Bonanza Venture Holdings Sdn. Bhd - End –


About Matrix Global Schools Nestled in the heart of Bandar Sri Sendayan in Negeri Sembilan, Matrix Global Schools provides education for the expatriate and local community in Malaysia from Early Years through to Secondary Years. Established in 2014, the institution runs a dual-curricula model, offering the international UK curriculum as well as Malaysia’s national curriculum as a private school. Built to modern standards, the state-of-the-art MGS campus is situated on a spacious 20-acre site amidst lush greenery and inviting landscape that can accommodate up to 2,500 students. Secured within the school compound is the MGS Boarding House which provides a twenty-first century boarding experience for secondary students aged 12 to 17. Matrix Global Schools stands by its 5 pillars of: • Seeking knowledge; opening minds • Learning beyond boundaries • Our lessons are for life • West meets east; east meets west • We send our students out of class For more information about the school visit www.matrixschools.edu.my

About Matrix Concepts Holdings Berhad Established in 1996, Matrix Concepts Holdings Berhad is a reputable property developer of choice in Negeri Sembilan. The Group has built a strong track record by developing residential and commercial properties in Negeri Sembilan and Johor. On 28 May 2013, Matrix Concepts was successfully listed on the Main Board of Bursa Malaysia. To date, The Group has built and delivered more than 28,000 units of residential and commercial properties in Negeri Sembilan Johor, Klang Valley as well as oversea in Melbourne, Australia. The principal activities of the company include Property Development, Construction, Education (Matrix Global Schools) and Hospitality (d’Tempat Country Club & d’Sora Boutique Hotel). The Group is currently undertaking several projects, mainly at its two flagship townships; Bandar Sri Sendayan in Seremban, Negeri Sembilan and Bandar Seri Impian in Kluang, Johor. Matrix Concepts is also the developer of the Sendayan TechValley – an industrial cluster at Bandar Sri Sendayan – which has attracted more than RM4 billion worth of foreign direct investments from across the globe. For more information, please visit: www.mchb.com.my


About Bonanza Venture Holdings Sdn Bhd Bonanza Venture Holdings Sdn Bhd (BVH) was founded by the late Dato’ Lim Keng Kay in 1975 as a mining consultancy firm, which later evolved into mineral extraction and processing, manufacturing, construction and value-added services. Today BVH has a strong track record as an investment holdings company through four principal business activities; property development (Kinta Properties), leisure and hospitality (Meru Valley Golf Resort), education (ILTI – English for Everyone, Kinder Labz) and automotive (Honda - Ban Hoe Seng Auto). BVH has more than 30 years experience in the education sector, from international and private schools to enrichment language centres and a newly launched kindergarten brand. BVH created one of the largest international and private schools group in Malaysia under the Tenby Schools brand. It operated seven campuses, with more than 5,400 students and 730 staff to meet the need of a high quality, middle-cost, private local and international schools, from pre-school to pre-university levels. Private equity fund management company, Ekuinas acquired Tenby Educare Group in March 2015, buying the remaining share in March 2016 and thereafter selling it to London based International Schools Partnership in January 2018. BVH has engaged with public and private market-leading companies around the world including, Multicore Solders, UK; TOR Minerals, USA; Swatch Group, Switzerland; Nihon Superior, Japan; Mitsubishi Materials Corporation, Japan; and, Taiheiyo Cement, Japan.

For further information, kindly contact: Raja Nazatul Akhma / Terri Clarke Matrix Global Schools / Bonanza Venture Tel : +606 - 7819888 / +05 - 2921333 Fax : +606 - 7646288 Email : rajanazatul.r@matrixschools.edu.my / terri@kintaproperties.com

Profile for Matrix Global Schools

2019 Jan - Education Collaboration between Bonanza Educare & Matrix Global Education  

2019 Jan - Education Collaboration between Bonanza Educare & Matrix Global Education  

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