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Apax operator blames Covid for troubles, vows turnaround
Egroup, the owner of several businesses in Hanoi including English language center Apax Leaders, has reportedly failed to pay salaries and investors’ interests amid a Covid-induced financial crunch.
900,000 Apax Holdings shares force sold
Over 900,000 shares of Apax Holdings have been forced sold by stock brokerages after hitting the floor 16 sessions in a row.
Disgraced English center tries to strike deal with disgruntled parents
Education company Apax Holdings, which runs English center chain Apax Leaders, is trying to convert what it owes to its former customers into interest-accruing loans.
February 19, 2023 | 12:06 am PT
In desperate survival bid, Apax Leaders seeks loans from shareholders
English language teaching center Apax Leaders is seeking loans from shareholders to remain afloat, saying it might have to close down its branches since it cannot cover their expenses.
February 27, 2023 | 08:08 pm PT
Embattled English language school says revenues back on track after restructuring
Revenues are recovering steadily thanks to attracting new students, beleaguered English language school Apax Leaders has said.
August 6, 2023 | 09:00 pm PT
Parents surround Apax language school again demanding refunds
Not having received refunds tuition fees they paid as promised, parents stormed an Apax Leaders language center in Ho Chi Minh City's Phu Nhuan District to claim their money.
October 13, 2023 | 05:10 pm PT
Apax Leaders determined to reopen HCMC English schools
Disgraced English language school Apax Leaders remains determined to reopen schools in Ho Chi Minh City despite its failure to pay on time debts.
November 18, 2023 | 05:30 pm PT
Three of Apax Holdings' board members quit
Three members of education firm Apax Holdings’ management board have submitted their resignation, following the delisting of the company's stock.
November 26, 2023 | 04:00 am PT
Apax Leaders case takes another curious turn
Apax Leaders promised the HCMC Department of Education and Training last month it would refund tuition fees paid by students at its HCMC centers by October, an official revealed.
January 27, 2024 | 12:00 am PT