Minsheng Education Group (1569) Announces Partial Arbitration Award

Bulletin Express

Feb 08

Minsheng Education Group Company Limited (Stock Code: 1569) issued an inside information announcement regarding an arbitration administered by the Hong Kong International Arbitration Center (HKIAC). The dispute involves Minsheng Vocational Education Company Limited, a subsidiary of the group, and Leed Education Holding Limited, National Education Holding Limited, and Hyde Education Holding Limited over a put option for the sale of 49% shares in Leed International Education Group Inc. under a Share Purchase Agreement entered into in 2018.

Reference is made to the announcement dated 21 December 2021, as well as the annual reports for the years ended 31 December 2023 and 2024, and the interim reports for the six months ended 30 June 2024 and 2025. On 6 February 2026 (after trading hours), HKIAC issued a partial award determining that specific performance of the relevant clause of the Share Purchase Agreement shall be ordered, together with payment of damages (if any) and consequential relief, including interest, as may be just. A final award will be issued in due course.

According to the announcement, Minsheng Vocational is seeking professional legal advice regarding the partial award and reserves the right to take necessary steps in respect of this and subsequent final awards. Shareholders and investors are advised to exercise caution when dealing in the securities of Minsheng Education Group. The group will make further announcements as material developments arise.

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The dispute involves Minsheng Vocational Education Company Limited, a subsidiary of the group, and Leed Education Holding Limited, National Education Holding Limited, and Hyde Education Holding Limited over a put option for the sale of 49% shares in Leed International Education Group Inc. under a Share Purchase Agreement entered into in 2018.</p>\n<p>Reference is made to the announcement dated 21 December 2021, as well as the annual reports for the years ended 31 December 2023 and 2024, and the interim reports for the six months ended 30 June 2024 and 2025. On 6 February 2026 (after trading hours), HKIAC issued a partial award determining that specific performance of the relevant clause of the Share Purchase Agreement shall be ordered, together with payment of damages (if any) and consequential relief, including interest, as may be just. 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The dispute involves Minsheng Vocational Education Company Limited, a subsidiary of the group, and Leed Education Holding Limited, National Education Holding Limited, and Hyde Education Holding Limited over a put option for the sale of 49% shares in Leed International Education Group Inc. under a Share Purchase Agreement entered into in 2018.</p>\n<p>Reference is made to the announcement dated 21 December 2021, as well as the annual reports for the years ended 31 December 2023 and 2024, and the interim reports for the six months ended 30 June 2024 and 2025. On 6 February 2026 (after trading hours), HKIAC issued a partial award determining that specific performance of the relevant clause of the Share Purchase Agreement shall be ordered, together with payment of damages (if any) and consequential relief, including interest, as may be just. A final award will be issued in due course.</p>\n<p>According to the announcement, Minsheng Vocational is seeking professional legal advice regarding the partial award and reserves the right to take necessary steps in respect of this and subsequent final awards. Shareholders and investors are advised to exercise caution when dealing in the securities of Minsheng Education Group. 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