GLOBAL: Saudi Arabia’s Public Investment Fund (PIF) invested an initial US$120 million in Nasdaq-listed Canadian Chinese education group Visionary Holdings and inked a memorandum of understanding to commit further funds for various collaborations including international education, biomedical sciences, advanced technology, life sciences and AI education. Established by overseas Chinese and founded in August 2013, this Toronto-based firm operates six schools in Canada and owns four commercial and educational buildings plus holding over 100 patents and intellectual property rights – with wholly-owned subsidiaries in the US, Malaysia and China.
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