MIDDLETOWN, Ohio, May 18, 2022 /PRNewswire/ — Elite Education Group International Limited (Nasdaq: EEIQ), (the “Company” or “Elite Education Group International”), a provider of comprehensive education solutions for domestic and international students interested in college and university programs in United States , Canada and the United Kingdom, announced today that Davis College signed a non-binding memorandum of understanding (“MOU”) with the holy cross of Davao College, Inc. (“HCDC”) of The Philippines cooperate in the fields of education and academia, and explore the establishment of exchange programs and collaborative research/study opportunities.
The MOU with HCDC is representative of a core element of the company’s business of executing its international strategy by developing cross-border educational partnerships, operating colleges around the world and diversifying its business base. students. The MoU is non-binding and any future cooperation is subject to the availability of funds and the parties’ approval of definitive agreements. The company’s goal is to establish Elite Education Group International as a truly internationalized higher education service provider.
Diane BrunnerPresident of Davis Collegecommented, “As indicated by our memorandum with the holy cross of Davao College, we intend to create an international college experience at Davis College and we are committed to expanding our educational ecosystem to include top colleges and universities around the world. We believe that internationalization extended to Davis College will create academic synergies and deepen our mission to improve our academic quality as well as foster an enriched cross-cultural educational experience for our students and better prepare them for their future careers.”
About Holy Cross of Davao College, Inc.
the holy cross of Davao College, Inc. (“HCDC”) is a private Catholic college located in Davao City, Davao del Sur, Philippines administered by the Archdiocese of Davao. HCDC offers undergraduate and graduate degrees encompassing humanities, social sciences and communication, teacher education, hospitality and tourism, business and management, engineering and technology, justice penal, maritime education and theology. The school also offers high schools (grades 11 and 12) at its Bajada campus. HCDC has modernized and evolved over the years and strives to be accessible to its surrounding communities, to expand its boundaries and to promote formation for the whole person from the perspective of Christian anthropology. For more information, please visit https://www.hcdc.edu.ph/.
About Elite Education Group International Limited
Elite Education Group International Limited (“Elite Education” or the “Company”), through its subsidiaries Quest Holding International LLC and Highrim Holding International Limited, provides comprehensive educational solutions to domestic and international students interested in academic and colleges in the United States, Canada and the UK. The Company recently acquired 80% of the capital of EduGlobal College, based in British Columbia, Canada, which focuses on educational English proficiency programs for students pursuing a college education. The Company also recently acquired the right to hold a controlling interest in Davis Collegea vocational training school located in Toledo, Ohio. In addition, the Company maintains a recruiting relationship with the regional campuses of University of Miami situated in Oxford, Ohio (“the UM Regional Campuses”), where it has residential facilities, a full-service cafeteria, recreational facilities, shuttles, and a Regional Campus Office that offers study at the abroad and post-study services to its students; such facilities are not owned, maintained, operated or part of University of Miami. The Company also acts as a recruiting agent for the University of Western Scotland (via The Education Group (London) Ltd) and Coventry University, both located in the UK. For more information, visit www.eei-global.net.
Safe Harbor Statement
Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as than amended. Forward-looking statements include statements about our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that may be forward-looking statements. You can identify these forward-looking statements by the use of words such as “may”, “will”, “anticipate”, “assume”, “should”, “indicate”, “believe”, “intend”, “” expect”, “estimate”, “continue”, “plan”, “indicate”, “project”, “could”, “intend”, “target”, and other similar words and phrases from the future tense.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement, including, without limitation, the risks and uncertainties described in our most recent Form 20-F and otherwise in our reports and documents with the SEC. These reports are available upon request from the Company or the Securities and Exchange Commission, including on the SEC’s website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any forward-looking statements after the date hereof or after the respective dates on which such statements are otherwise made.
Elite Education Group International Limited
Precept Investor Relations LLC
Source: Elite Education Group International Limited
View original content to download multimedia: https://www.prnewswire.com/news-releases/davis-college-furthers-international-strategy-via-mou-with-holy-cross-of-davao-college-of -the-philippines-301549688.html
SOURCE Elite Education Group International Limited