[Shah Alam, Selangor, 30 August 2024] – Sekolah TINTA, renowned as a STEM (Science, Technology, Engineering and Mathematics) model school in Malaysia, is set to take stronger strides following the acquisition of assets by AmanahRaya Real Estate Investment Trust (AmanahRaya REIT) valued at RM31.4 million. As a school that places STEM as the core of its education, this acquisition, which includes a 15-year lease agreement with Tinta Pendidikan Sdn Bhd (TPSB) is a strategic move that will empower Sekolah TINTA’s efforts to achieve excellence in the education field.
According to the Chairman of the Board of GAINS Education Group, Datin Zetti Hana Ibrahim, “This acquisition represents a significant milestone for Sekolah TINTA. As a school that emphasises on high-quality education based on STEM, we are on a solid path to continue advancing and providing the best learning experiences for our students. We are confident that we will continue to produce outstanding generations in the fields of Science, Technology, Engineering and Mathematics.”
At the same time, AmanahRaya REIT will benefit from the strategic position of Sekolah TINTA, located in the rapidly growing commercial and light industrial area of Glenmarie, Shah Alam. With excellent connectivity via major highways and proximity to Glenmarie LRT Station, this asset enhances the value of AmanahRaya REIT’s portfolio This acquisition also ensures long-term financial stability and growth for Sekolah TINTA. With an expected increase in revenue through periodic rent adjustments, Sekolah TINTA will continue to advance as a leading educational institution, particularly in the STEM field that drives our school’s educational development.
The Chief Executive Officer of GAINS Education Group, Puan Julie Wong, also expressed confidence in Sekolah TINTA’s future, saying, “This acquisition not only strengthens TPSB’s financial position but also demonstrates our commitment to providing an outstanding educational environment. With a robust strategy and support from AmanahRaya REIT, Sekolah TINTA will continue to lead in STEM education in Malaysia.” Meanwhile, the Principal of Sekolah TINTA, Puan Zalina Zakaria, expressed gratitude and excitement about the development. “We at Sekolah TINTA are thrilled about the opportunities opened up by this acquisition. It not only allows us to provide better facilities and infrastructure but also expands learning and teaching opportunities for students and teachers. We will continue to strive to ensure Sekolah TINTA remains a respected centre of educational excellence.”
This acquisition not only adds value to AmanahRaya REIT’s portfolio but also plays a crucial role in sustainable and stable growth. By entering the private education sector, AmanahRaya REIT is now strategically positioned to benefit from this continually expanding market. Investment in assets like Sekolah TINTA also provides confidence to investors, promising stable and increasing returns over time, in line with the growth and success of the education industry. Sekolah TINTA remains committed to provide high-quality education that meets the needs of the community while nurturing students who are prepared to face future challenges with strong knowledge and skills. The acquisition is expected to be completed in the first quarter of 2025 and is set to provide a stronger foundation for Sekolah TINTA in realising its aspiration to become the premier choice for STEM education in the country.
About Sekolah TINTA:
Established in 2017, Sekolah TINTA is a model S.T.E.M school in Malaysia that offers KSSR and KSSM curriculum with full-fledged S.T.E.M program for primary and secondary students. The school celebrates ideas, technology and innovation that are inspired by the core disciplines of S.T.E.M which includes Science, Technology, Engineering and Mathematics, alongside the human values to be applied in real life. Sekolah TINTA has collaborated with renowned S.T.E.M organisations such as MDEC, UiTM, and more.
For media inquiries or more information, please contact:
Farizatul Haiza Fawzi
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