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SUBSEQUENT EVENTS | 12 Months Ended
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Dec. 31, 2018
SUBSEQUENT EVENTS |
SUBSEQUENT EVENTS | 24. SUBSEQUENT EVENTS On September 12, 2018, the Group entered into an agreement with a third party to acquire a kindergarten in Guangdong province of China. As of December 31, 2018, the closing of acquisition was still in progress and the transaction was completed in January 2019 (see Note 12). On February 5, 2019, the Company entered into a definitive agreement to acquire the controlling interest of Singapore education group. On March 26, 2019, the Group entered into a series of share purchase agreement to acquired 77% of Singapore education group. The acquisition in Singapore education group was completed in April 2019 (see Note 12).

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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