Schrole Group (ASX:SCL) - Managing Director, Rob Graham
Managing Director, Rob Graham
Source: Business News
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Schrole Group (SCL) has signed a new $100,000 contract with the International School of Ho Chi Minh City (ISHCMC) to deliver Schrole Develop’s Diploma of Leadership and Management
  • The group provides software-as-a-service (SaaS) and training solutions for teachers and educational institutions
  • The diploma will be taught completely online through Schrole Develop’s learning management system
  • As ISHCMC is part of the global Cognita Group of 82 schools, the company hopes this contract will provide potential for further sales
  • Schrole’s mission is to become a world-leading two-sided online marketplace for teachers and educational institutions and has consequently begun conversations with other schools across the globe
  • Schrole shares last traded in the green, up 7.14 per cent for 1.5 cents each

Schrole Group (SCL) has signed a new $100,000 contract with the International School of Ho Chi Minh City (ISHCMC) in Vietnam, to deliver Schrole Develop’s Diploma of Leadership and Management.

The group is a provider of global software-as-a-service (SaaS) and training solutions for teachers and educational institutions.

The Diploma of Leadership and Management program will be delivered to the school as an online service utilising Schrole Develop’s learning management system.

According to Schrole, the diploma is globally scalable, and the course content is contextualised for teachers in international schools.

Managing Director Rob Graham commented on the partnership.

“It is very pleasing to have signed this contract with ISHCMC. The program has had enthusiastic take up by teachers, and our contextualised program will help develop well trained leaders who can assist with the ongoing development of the school.”

“The delivery of professional development services into international schools is part of Schrole’s strategy to provide a range of HR services to schools including an extended suite of SaaS modules and additional high value services such as professional development and training,” he continued.

As ISHCMC is part of the global Cognita Group of 82 schools, Schrole believes the contract could provide significant potential for further sales.

The company mission is to become the world’s leading two-sided online marketplace for teachers and educational institutions.

Consequently, the company has planned a sales and marketing drive for the second half of this year with the hopes it will provide growth to its four products — Advantage, Verify, Cover and Develop — in the international education sector.

Furthermore, Schrole has commenced discussions to introduce the products to Cognita’s 7500 employees within 82 schools in Europe, Latin America, the Middle East and Asia.

Schrole shares last traded in the green, up 7.14 per cent for 1.5 cents each.

SCL by the numbers
More From The Market Online

Janison Education (ASX:JAN) extends NAPLAN Online agreement in $24m deal

Janison Education (ASX:JAN) has extended its NAPLAN Online agreement with Education Services Australia (ESA) until 2030…

Productivity Commission sets priorities to advance the growing Australian services economy

The Australian Productivity Commission urges that if Australia wants to continue to expand its growing economy,…

Mayfield Childcare (ASX:MFD) expands Cairns portfolio to five with new childcare centre acquisition

Childcare provider Mayfield Childcare (ASX:MFD) has completed the acquisition of a new childcare centre in Cairns,…
IDP Education (ASX:IEL) CEO and MD, Andrew Barkla

IDP Education (ASX:IEL) to acquire Intake Education for $83m

IDP Education (ASX:IEL) is acquiring student placement agency, Intake Education for up to $83 million.