Elite Education Group International Limited (EEIQ) stock is down by 8.48% – Learn why?

Elite Education Group International Limited (EEIQ) has seen a decrease of 8.48% in the aftermarket. However, the last trading session closed at $3.3 with a decrease of 4.07%.

Expansion of Residential Facilities – Worth it?

On 29th November 2021, EEIQ announced plans to enhance, extend, and modernize its residential facilities at Miami University of Ohio’s regional campuses. This is done to handle an increase of students for its English Language Center program commencing in the Fall 2022 term. Moreover, the Company has sold its existing residences adjacent to the Miami University of Ohio’s Hamilton and Middletown campuses for approximately 150 percent of their original purchase price.

Furthermore, the company’s housing facilities will be upgraded and expanded, allowing it to provide more contemporary and comfortable living circumstances as well as improved security for its students. Not only this but the Company has begun a plan to upgrade its housing options. Last but not the least, the Company thinks that its acquisition measures are both sound and comparable with those of individual institutions and other organizations in the field.

Now what?

The company is glad to report that greater enrolment at Miami University of Ohio’s regional campuses is projected in the coming semesters as a result of the aggressive recruitment efforts. Moreover, they are dedicated to providing the finest available living accommodations, security, and support services to Chinese students who choose to study abroad in order to assist them in achieving academic and career goals.

UK Expansion – Latest Updates

On 3rd November 2021, EEIQ gave updates on its UK growth intentions. The Company has committed to admitting students from China for admission to the University of the West of Scotland under an arrangement with The Education Group (London) Ltd. Moreover, for the academic year 2021-2022, the company has also been acting as a recruiting agency for Coventry University.

So what?

The company is thrilled to announce the collaboration with these two prestigious UK colleges, which is in line with the business development plan to increase the recruitment efforts in the United States, the United Kingdom, and other countries. Moreover, one of the most essential aspects of the goal is to provide excellent academic choices for the students we recruit from China and other Asian nations who choose to study abroad. Furthermore, these two prominent universities, in addition to the current recruiting activities in the United States, are representative of Elite Education Group’s plan to broaden across zones and hire a variety of strategic projects to fuel its growth.