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Technology driven, STI Holdings brings data science to mainstream Philippine education

Published February 18, 2021, 9:28 AM
Opportunities of going to school during the pandemic were barely interrupted because of the lockdowns and quarantines. Aside from it, the government needs to be sure that students are safe and protected from the transmission of the COVID-19 virus, thus home schooling became part of the new normal.
Yet the hunger for education did not stop there. Young Filipinos will now get the opportunity to become part of data science, dubbed by experts as the career of the future, as STI Holdings announced that its network of schools began offering programs related to the much sought-after field of study nationwide in School Year (SY) 2020-21. ....

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STI unit sells 20% equity in Maestro Holdings for P60M gain

December 17, 2020 | 12:04 am
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STI.EDU
A SUBSIDIARY OF STI Education Systems Holdings, Inc. has sold 20% of its equity in Maestro Holdings, Inc. (MHI) to Chita SPC Ltd., in efforts to mitigate the volatility in its future earnings.
In a disclosure to the stock exchange, STI announced that its subsidiary, STI Education Services Group, Inc., has sold part of its equity to Chita SPC, a segregated portfolio company based in the British Virgin Islands.
“The sale will allow STI ESG to monetize its investment in MHI which STI ESG intends to use for its core business,” the disclosure said.
The transaction included the sale of 1.28 million shares and is priced at $7.80 per share. The amount received was $10 million. ....

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