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Apax Leaders
English school Apax Leaders operator shares to be delisted for non-disclosure of information

English school Apax Leaders operator shares to be delisted for non-disclosure of information

Disgraced Shark Tank investor Nguyen Ngoc Thuy’s Apax Holdings, the operator of English language school Apax Leaders, is set to be delisted from the stock market for failure to disclose information.
How Apax Leaders English school boss Nguyen Ngoc Thuy showed $89M in fake revenues

How Apax Leaders English school boss Nguyen Ngoc Thuy showed $89M in fake revenues

Apax Leaders English school boss Nguyen Ngoc Thuy accused of defrauding over 10,000 investors of $291M

Apax Leaders English school boss Nguyen Ngoc Thuy accused of defrauding over 10,000 investors of $291M

Siblings of Apax Leaders English school boss Nguyen Ngoc Thuy accused of abetting his scams

Siblings of Apax Leaders English school boss Nguyen Ngoc Thuy accused of abetting his scams

The younger sister and brother of Nguyen Ngoc Thuy, the Shark Tank investor who ran English school Apax Leaders, are being accused of abetting him in committing fraud.
September 4, 2025 | 06:59 pm PT
Apax Leaders English school boss Nguyen Ngoc Thuy sold non-existent shares to investors: police

Apax Leaders English school boss Nguyen Ngoc Thuy sold non-existent shares to investors: police

Nguyen Ngoc Thuy, the leader of a company that operates Apax Leaders English school, has been accused of selling non-existent shares to investors as part of a fraudulent scheme.
August 27, 2024 | 03:00 pm PT
HCMC shuts down 20 Apax Leaders centers, has 19 more in its sights

HCMC shuts down 20 Apax Leaders centers, has 19 more in its sights

Twenty Apax Leaders English language centers in HCMC have been shut down and 19 others are expected to follow suit with the arrest of owner "shark" Thuy.
April 9, 2024 | 10:55 pm PT
How owner ran English center chain Apax Leaders into ground before his arrest

How owner ran English center chain Apax Leaders into ground before his arrest

Apax Leaders operator Egroup, established by Nguyen Ngoc Thuy, has been raising trillions of dong (VND1 trillion = $40.33 million) from investors but failed to pay them their contracted interest.
March 28, 2024 | 03:11 pm PT
Head of English school Apax Leaders arrested for fraud

Head of English school Apax Leaders arrested for fraud

Nguyen Ngoc Thuy, chairman of education corporation Egroup that owns English language school Apax Leaders, was arrested Monday over allegations of committing fraud to appropriate properties.
March 25, 2024 | 07:22 pm PT
HCMC requires Apax Leaders to fulfill tuition fee payment commitments

HCMC requires Apax Leaders to fulfill tuition fee payment commitments

HCMC has tasked the Department of Education and Training to work with Apax Leaders, demanding the fulfillment of their commitment to repay tuition fees owed to parents.
January 30, 2024 | 11:26 pm PT
Parents demanding refunds annoy language school Apax Leaders

Parents demanding refunds annoy language school Apax Leaders

Nguyen Ngoc Thuy, the head of language school Apax Leaders, is complaining about people “surrounding” his facilities and demanding a refund of their children’s fees.
January 9, 2024 | 08:14 pm PT
Three of Apax Holdings' board members quit

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 Holdings delisted from main bourse

Apax Holdings delisted from main bourse

Education firm Apax Holdings’ IBC shares have been delisted from the Ho Chi Minh Stock Exchange (HoSE) as the company failed to disclose financial reports on time.
November 23, 2023 | 01:42 am PT
Apax Leaders determined to reopen HCMC English schools

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
Parents surround Apax language school again demanding refunds

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
Shares for controversial Apax English school suspended from trading

Shares for controversial Apax English school suspended from trading

The under-fire language school Apax has been suspended from trading stocks as it has failed to submit financial reports amid accusations of alleged fraud and other wrongdoings at the company.
September 11, 2023 | 03:43 pm PT
Embattled English language school says revenues back on track after restructuring

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
Language school Apax Leaders promises to repay debts from July

Language school Apax Leaders promises to repay debts from July

Egroup, the parent company of English language school Apax Leaders, has offered to prioritize payment to creditors who are in a “difficult situation” starting next month.
June 7, 2023 | 08:20 pm PT
Apax Leaders operator offers creditors household appliance as debt payment

Apax Leaders operator offers creditors household appliance as debt payment

Egroup, the parent company of English language school Apax Leaders, has offered its creditors household appliance to reduce its debts.
May 18, 2023 | 03:17 pm PT
40 HCMC Apax English centers officially suspended

40 HCMC Apax English centers officially suspended

The Ho Chi Minh City education department has finally suspended 40 out of 41 Apax Leaders centers in the city, according to an announcement made Wednesday.
April 26, 2023 | 02:52 pm PT
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