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Alpha DX Group Completes Acquisition of DiDi Academy, Enterprise Information

Alpha DX Group Completes Acquisition of DiDi Academy, Business News

Singapore, September 14, 2021 – (ACN Newswire) – Alpha DX Group Limited (“Alpha DX”, the “Company” and together with its subsidiaries, the “Group”), a leader in learning and education solutions, is pleased to announce that the acquisition of DiDi Academy has been completed as approved by the company’s shareholders at a general meeting held on September 8, 2021.

Regardless of this, the DiDi Academy was appointed as a service provider in the “Next Generation” University – the Asnaro University of Uzbekistan (“PROJECT ASNARO”) as part of the addendum to the MOU (“Addedum”), and the Alpha DX project was entered in a memorandum Understanding (“MOU”) with the Republic of Uzbekistan (Ministry of Higher Education and Secondary Education of Uzbekistan) (“Uzbek MHSSE”) on joint development and operation, as already announced.

In addition, the DiDi Academy will also develop collaborations and partnerships between universities in Uzbekistan and universities in Japan to enable various joint programs, including, but not limited to, student exchange programs and joint degree programs between partner universities in both countries.

Subject to the conclusion of binding agreements, the Didi Academy is expected to pay agreed fees of at least 1.56 million programs over a period of five years.

The DiDi Academy is also in advanced negotiations on formal collaborations and partnerships with several academic institutions and corporations in Japan to provide EduTrust certified education and training programs to students and professionals in Japan through a new licensing agreement being discussed with the ERC Institute Pte to offer. Ltd. (“ERCI”).

As one of the leading private universities and educational institutions in Singapore, ERCI offers a variety of EduTrust-certified academic programs through collaborations with global institutions, including advanced diploma programs, bachelor’s, master’s and corporate training programs.

Alpha DX CEO Mr. Daiji Yamada said, “As a pioneer in providing students in Japan with alternative academic choices, DiDi Academy has a pioneering advantage in the Japanese education market with a combined market volume of approximately $ 91 billion annually domestic education services of S $ 33 billion and higher education (universities and colleges) of S $ 58 billion.

Leveraging our extensive range of digital technology to deliver the education and training programs will create a new emerging blue ocean segment within the vast education and learning market in Japan, so the DiDi Academy is expected to play an important strategic role in the upcoming growth plans the group takes over. “

The company will continue to provide timely updates to shareholders as each new agreement and partnership is entered into and executed.

About Alpha DX Group Limited
(Bloomberg: ALEN: SP / Reuters: ALPH.SI/ SGX warehouse code: VVL)

Alpha DX Group Limited (“Alpha DX”), listed on the Singapore Stock Exchange, is one of the leading providers of learning solutions in the region.

Led by veterans in technology, education, business training, and business consulting on both the board and management team, Alpha DX provides integrated next generation Expanded Reality (XR) * solutions in the learning and education market that enable our customers to create engaging , fully immersive, super-enhanced learning and training experiences of the future – next-generation educational institutions, multi-dimensional learning design methods, digital content conversion and creation platform, ubiquitous learning super platform and systems with the appropriate technologies – all under one roof.

With a strategic focus on integrating XR technologies to create a personalized and digitally enhanced learning experience, Alpha DX aims to deliver new value propositions with its integrated ubiquitous learning solutions to meet both the present and future needs of different learners of all Genders and ages to use, cultures and purposes.

Further information can be found at www.alpha-dx.com.sg

Issued on behalf of Alpha DX Group Limited. by 8PR Asia Pte Ltd.
Media and investor contacts:
Mr. Alex TAN
Cell phone: +65 9451 5252
Email: [email protected]

This press release was sponsored by the company, PrimePartners Corporate Finance Pte. Ltd. (the “Sponsor”). It has not been reviewed or approved by the Singapore Exchange Securities Trading Limited (the “Exchange”), and the Exchange assumes no responsibility for the contents of this press release, including the accuracy of any statements, opinions or press release reports contained in this press release.

The contact person for the sponsor is Ms. Ng Shi Qing, 16 Collyer Quay, # 10-00 Income at Raffles, Singapore 049318, [email protected]

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