Wednesday, 8 July 2009

Noah Education completes acquisition of Little New Star to enter children’s English training market

Noah Education Holdings Ltd. Has announced the completion of its acquisition of 100 percent interest in Little New Star Education Group, a Changsha-based private education service provider that specializes in providing English language training for children.

The company believes the combination of Noah's distribution channels and sales strength with Little New Star's teaching brand will broaden Noah's position in China's education market.

Little New Star, founded in 1992, is a leading provider of kids' English language training in China, based in Changsha, Hunan province. The company provides English learning services through its direct-owned schools, as well as develops and markets English teaching materials through its franchised learning centers.

It has 10 direct-owned learning centers in Changsha, Datong and Xiangtan, and over 600 franchises across China. The company was recently named as one of the Top Ten Foreign Language Training Organizations by Sina.com.

www.proactiveinvestors.com.hk

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