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    Archived pages: 358 . Archive date: 2013-07.

  • Title: CIBT Education Group
    Descriptive info: Investors.. Stock Information.. Investor Kit.. Regulatory Filings.. Corporate Governance.. Analyst Coverage.. News Room.. Press Releases.. Video News.. Media Coverage.. Contact Us.. Back.. CIBT Enters into LOI with Strategic Investor.. Capital Alliance Group Inc.. (TSX.. V: CPT).. and its subsidiary, CIBT School of Business Technology Corp.. ( CIBT ), announced that CIBT has entered into a Letter of Intent ( LOI ) with a strategic investor.. The LOI outlines the business terms for this investor to make US$3.. 4 million equity investment in CIBT.. A formal agreement between Capital Alliance Group, CIBT and the investor is currently being prepared.. Subject to the acceptance of the terms and conditions of the formal agreement and due diligence approval, the parties intend to complete this transaction in April 2006 or soon thereafter.. Further details will be disclosed after the closing of this transaction.. This private placement is in addition to the US$10-15 million private placement undertaken by Harris Nesbitt of New York, which was previously disclosed in a news release dated January 17th 2006, and is in process.. About CIBT.. CIBT School of Business is a leading business, technology and technical school in China for over a decade.. CIBT operates three campuses in Beijing, two campuses in Weifang, one campus  ...   site at.. www.. cibtcorp.. com.. and CIBT School of Business Technology Corp.. Toby Chu.. President C.. E.. O.. Investor Relations Contact: Mr.. James Neil * N.. America Toll Free: 1-888-865-0901 Ext.. 322 * Email:.. info@cag-global.. WARNING.. : This news release contains forward-looking information.. The reader is cautioned that assumptions used in preparing such information, although considered accurate at the time of preparation, may prove incorrect.. The actual results achieved may vary materially from the information provided herein.. Consequently, there is no representation by the company that actual results achieved will be the same as those forecast.. THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION.. THE CANADIAN VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN..

    Original link path: /news/20060418.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT Extends Joint Venture Agreement with Weifang University.. reports that the joint venture agreement signed by its subsidiary, CIBT School of Business ( CIBT ), with Weifang University in August 2004 - which established CIBT Beihai International Management College ( CIBT Beihai ) - has been modified to extend the cooperation period between the two parties from 7 to 15 years running through to 2021.. CIBT Beihai will continue to use, rent free, 20,000 square feet of classroom facilities capable of seating over 3,000 students, with an option to expand up to 80,000 square feet, also rent free.. These facilities are located within the Weifang University campus ground.. CIBT Beihai faculty members and staff will enjoy full access of Weifang University's facilities including student and faculty dormitory, library and dining halls.. Currently, CIBT Beihai has an enrollment of approximately 1,100 students (not including other locations), up from approximately 550 students at the time of the signing of the joint venture agreement with Weifang University.. We are very pleased with the current progress of the joint venture between Weifang University and CIBT, which has been proceeding most efficiently and profitably, said Toby Chu, President of CIBT.. The level of cooperation and support from both the  ...   months.. About Weifang University:.. Located in Weifang City, Weifang University has over 50 laboratories and classrooms, 4 experiment centers, over 40 multimedia classrooms, Internet centers, drafting centers, academic halls and over 1,600 employees and 800 faculty members.. It has 16 teaching departments, 53 specialties, and 9 scientific branches including Science, Engineering, Economics, Law, History, Education, Literature, Management and Agriculture.. Weifang University's dormitories and two cafeterias can accommodate over 20,000 students and it is continuing to expand and construct new facilities.. About Weifang City:.. Weifang City is located at the center of Shandong Province and has a population of about 8.. 5 million people.. Its major industries require electronics, machinery, chemical and building materials, marine chemistry and paper.. In 2004, the city's GDP was approximately RMB 124 billion (approximately US$15.. 5 billion).. Within a 2 hour driving distance from Weifang city in all four directions resides roughly 110 million people.. CIBT operates three campuses in Beijing, two campuses in Weifang, and three learning centers in other cities in China.. ; ITT Technical Institute; WyoTech Technical Institute, a subsidiary of Corinthian Colleges Inc.. ; and other universities from Europe and Asia, CIBT delivers advanced curricula to meet the progressive needs of China s growing student population..

    Original link path: /news/20060411.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT to Acquire Another School in China.. reports that its subsidiary, CIBT School of Business Technology Corp ( CIBT ) has signed a Memorandum of Understanding ( MOU ) to acquire majority ownership in Weifang Commercial School ( WCS ) from the Weifang Education Bureau, a division of Weifang Municipal Government in Weifang city, Shandong province of China.. This MOU outlines the basic business terms for CIBT to acquire no less then a majority ownership of WCS.. As a condition of this transaction, the Weifang municipal government has agreed to grant CIBT free usage of 33 acres of campus land and buildings for 50 years.. In addition, the government will contribute four buildings, three of which are currently used for administrative, classrooms and computer laboratories with the fourth one currently under construction.. The facility space of these four buildings totals 250,000 sq ft.. CIBT will provide and integrate its western-based education programs with WCS s Chinese academic and career education programs.. Future graduates of WCS will be able to transfer certain credits  ...   this venture will be managed by CIBT with the support of WCS executives.. The parties will proceed to complete there due diligence reviews, seek the necessary regulatory approvals and negotiate the formal agreement.. Further details will be disclosed following the execution of the formal agreement.. About Weifang Commercial School:.. Established in 1974, Weifang Commercial School occupies approximately 33 acres of campus land with constructed facilities of approximately 17 acres.. The school s facilities require dormitories, cafeterias, lecture halls, gymnasium, computer labs and multi-media rooms.. WCS offers Associate degree programs in business administration and technology, and technical trade programs including hotel management, logistic procurement, medical assistance and refrigeration technologies.. WCS employs a faculty of 230 members, 138 of which are full-time instructors.. The total enrollment for the School is 6,200 students, among which 1,900 are in associate degree programs.. Weifang City is located at the center of Shandong Province both of which have a population of 8.. 5 million and 96 million people respectively.. In 2004, the city's GDP was approximately US$15.. 5 billion..

    Original link path: /news/20060405.php
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  • Title: CIBT Education Group
    Descriptive info: Capital Alliance Group Reports Private Placement.. (TSX-V: CPT).. reports that it has negotiated a non-brokered private placement to raise $1.. 2 million by the issuance of units at a price of $0.. 55 each.. Each unit will consist of one common share and one share purchase warrant entitling the holder to purchase one share at a price of $0.. 57 for two years from the closing date.. The private placement is subject to receipt of TSX Venture Exchange acceptance.. We are pleased to receive  ...   this financing, commented Toby Chu, president and chief executive officer.. These funds will allow Capital Alliance Group to increase its ownership in its subsidiary, CIBT School of Business Technology Corp.. and provide additional working capital.. The company also reports the grant of options under its stock option plan to qualified recipients entitling them to purchase, for a term of five years, a total of 1.. 5 million common shares at a price of $0.. 58 per share.. CIBT School of Business and Technology Corp..

    Original link path: /news/20060220.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT Commences Private Placement with Harris Nesbitt.. CIBT School of Business Technology Corp.. ( CIBT ).. has begun the process of its planned private equity placement process to raise gross proceeds of US$10 million with New York-based investment banking firm, Harris Nesbitt.. Harris Nesbitt will assist CIBT to identify potential private equity investors from the United States and abroad.. The proceeds from this CIBT financing will be used for expansion of CIBT s businesses.. Harris  ...   Nesbitt, the investment and corporate banking practice of BMO Financial Group, is an integrated full-service investment bank, capitalizing on industry specialties and distinctive capabilities.. Harris Nesbitt offers a complete range of services including capital raising, M A, treasury and market risk management, debt and equity research, institutional sales and trading, and securitization.. CIBT operates three campuses in Beijing, two campuses in Weifang, one campus in Anyang, and three learning centers in other cities in China..

    Original link path: /news/20060117.php
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  • Title: CIBT Education Group
    Descriptive info: MBA Alumni Association Founded.. s (TSX-V: CPT).. subsidiary, CIBT School of Business Technology Corp.. ( CIBT ), reports that on Dec.. 10, 2005, the MBA Alumni Association of City University/Beijing University of Technology/CIBT School of Business was founded in Beijing, China.. Over 300 alumni members, the Presidents of the three universities, two guest speakers and a number of representatives from the local and national media were present at the inauguration held at the Plaza Royale Hotel in Beijing.. In their speeches, Dr.. Fernando Leon, Vice President of City University, and Dr.. Zhang Ze, Vice President of Beijing University of Technology, stressed the importance of the alumni association for all the alumni members as well as the Beijing business community.. Mr.. Craig Allen, the Minister Councilor of the American Embassy, and Mr.. Kent Yata, Vice President of Boeing China, also expressed their best wishes for the successful joint program to continue making valuable contributions to the two countries.. Shuai Yang, Executive Vice President of CIBT Beijing, also presented a review to date of the program s accomplishments..  ...   current students of the program are from multi-national companies such as ABB, AT T, Boeing, Microsoft, Motorola, Schneider, Shell, and The World Bank.. One of the distinctive features of the program is the organization of partnerships with foreign companies to offer education services to their employees.. Since 2000, over 200 students have benefited from the partnerships with Schneider and Boeing.. The adjunct professors from North America have passed on their expertise and knowledge to students, which has made the program well known in the business community of China and in 2004, helped the program to a Top 10 ranking of the Most Influential MBA Programs in the country.. The alumni association will design platforms for both online and off-line delivery for its members in an effort to better communicate with each other and locate opportunities for career and personal development.. A press conference was held after the inauguration with 10 representatives from the most popular newspapers, news websites and business journals in China.. The event will be reported nationwide in the next two weeks.. TOBY CHU..

    Original link path: /news/20051220.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT International Education Exchange Center Commences Operations.. reports that its subsidiary, CIBT School of Business Technology Corp.. ( CIBT ), has officially commenced operations at its International Education Exchange Centre ( IEEC ) in An Yang City, Henan Province, China.. IEEC is a joint venture between CIBT and the Education Bureau of the An Yang Municipal Government.. The IEEC s goal is to develop the professional education market in its surrounding region.. During the grand opening of the IEEC, over a hundred guests from the municipal government, local schools and other organizations in the city were in attendance.. Guest speakers at the grand opening required Mr.. Chao, Secretary-General of the municipal government, Mr.. Lu, Director of the Education Bureau, and representatives from various local schools and companies.. In their speeches, Mr.. Chao and Mr.. Lu both restated the decision of the government to support the center in its development of professional education.. After the opening ceremony, a press conference was held with representatives from the local media, and a one-day educational workshop entitled Anti-Dumping: a fatal problem facing Chinese exports and its solution, was conducted by CIBT for a hundred executives from  ...   and training programs for local government and companies.. Trainees of all IEEC programs will have opportunities to travel to Canada and the USA for short-term training programs.. The IEECAY plans to apply for college or university status in due course.. About An Yang City.. An Yang city has a population of 4.. 5 million people inclusive of its affiliated counties.. It is the fourth largest city in Henan Province, which has over 7,000 years of history and a population of approximately 92.. Henan province is located at the center of China, north east of Shanghai.. The city s core industries are tourism and manufacturing.. By cooperating with leading education providers in North America including Western International University a subsidiary of Apollo Group Inc; ITT Technical Institute; Wyotech Technical Institute, a subsidiary of Corinthian Colleges Inc; and other universities from Europe and Asia, CIBT delivers advanced curricula to meet the progressive needs of China s growing student population.. The reader is cautioned that assumptions used in the preparation of such information, although considered accurate at the time of preparation, may prove incorrect.. The actual results may vary materially from the information provided herein..

    Original link path: /news/20051216.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT Establishes Teachers Training Center in An Yang City, Henan Province.. ( CIBT ), announces the establishment of the International Education Exchange Center ( IEEC ) in collaboration with the An Yang Education Information and Technology Center, a department of the An Yang Education Bureau, in An Yang City, Henan Province, China.. The IEEC will be the starting ground for CIBT s.. Train-The-Teachers.. initiative and will commence operations by providing English training programs to new and existing English teachers from all schools in Henan province.. In addition, the IEEC will provide ancillary student services such as information dissemination pertaining to programs and entrance requirements of overseas universities and to programs and entrance requirements of overseas-based education programs offered by local colleges.. The IEEC will serve to introduce students to all type of programs offered by CIBT at the Beijing, Zhengzhou and Weifang campuses.. The establishment of  ...   CIBT in China including owned and affiliated locations.. We are excited to expand our curriculum offering to the mass market of the English training sector by initially winning the hearts and minds of the Chinese teachers and subsequently expanding to the enormous market of China s English training sector, commented Toby Chu, President and CEO of Capital Alliance Group Inc and CIBT.. We believe this expansion initiative will complement our overall strategy to create a feeder system to our academic, technology and technical programs while creating tremendous growth and capturing market share.. By cooperating with leading education providers in North America including Western International University, a subsidiary of Apollo Group Inc, ITT Technical Institute, Wyotech Technical Institute, a subsidiary of Corinthian Colleges Inc, and other universities from Europe and Asia, CIBT delivers advanced curricula to meet the progressive needs of China s growing student population.. Toby Chu..

    Original link path: /news/20051129.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT Licenses Corinthian's Wyotech Brand And Curricula To Target China's Growing Automotive Training Market.. (CIBT).. , a leading business school in China and a subsidiary of Capital Alliance Group Inc.. (TSX-V: CPT) and Corinthian Colleges, Inc.. (NASDAQ: COCO) have signed a licensing agreement that will allow CIBT to offer a full line of transportation maintenance certificate, diploma and degree programs to meet growing demand for these skills in the greater China market.. Under the agreement, CIBT will have exclusive use of Corinthian's WyoTech brand name and curricula to operate automotive training schools in China, Taiwan and Hong Kong, with an option to expand into Thailand.. Terms of the transaction were not disclosed.. WyoTech is part of the Titan Schools division of Corinthian Colleges and operates seven automotive, motorcycle, aviation and marine technical training schools across the United States.. The automotive industry continues to be one of the fastest growing sectors of the Chinese economy, according to a special report  ...   world's second largest auto market.. Consequently, there will be a huge, unfulfilled demand for skilled workers and factory certified automotive technicians in China.. WyoTech has been a leader in automotive technology and maintenance training in the United States for nearly 40 years, said Tim Schutz, president and chief operating officer of Corinthian's Titan Schools Division.. We are enthusiastic about the potential in the greater China market and pleased to have the opportunity to extend our expertise beyond U.. borders.. We see tremendous growth opportunities ahead for automotive training in China and are excited to be entering into this untapped sector with WyoTech as our partner, said Toby Chu, CIBT's president and chief executive officer.. Our corporate strategy is to become the largest education platform in China, with a wide array of academic degree, technical and trade programs catering to various student population segments.. On Behalf of the Boards of Directors of Capital Alliance Group Inc.. "Toby Chu".. President and C..

    Original link path: /news/20051031.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT Appoints New Executive.. ( CIBT ), are pleased to announce the appointment of Mr.. Troy Rice as Chief Operating Officer for CIBT and as a Director of Capital Alliance Group Inc.. Rice is a financial and operational executive with over twenty years of experience spanning software, services, manufacturing, real estate, retail and for-profit education companies.. Currently, Mr.. Rice serves as Senior Vice President of Business Development at Universal Technical Institute, Inc (NYSE: UTI), and he will be transitioning from his position at UTI over the course of the next few months.. Rice has also worked in the capacity of Vice President of Petsmart (NASDAQ: PETM), President of Cliquethru Technologies,  ...   Rice received his Bachelor's degree in accounting from the University of Iowa in 1985 and his MBA from Arizona State University in 1992.. He is also a Certified Public Accountant.. Rice is a tremendous addition to our management team, commented Toby Chu, President and CEO of Capital Alliance Group Inc and CIBT.. By utilizing his financial and operational experience acquired from some of the best known companies in the U.. , we will be able to expand our businesses in Asia with enhanced guidance and knowledge.. Rice will oversee our business growth plans including the development of new campuses, mergers and acquisitions, joint ventures, strategic partnerships and intellectual property licensing agreements..

    Original link path: /news/20051028.php
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  • Title: CIBT Education Group
    Descriptive info: CIBT's Fall Enrollment Update.. ("CIBT").. , a subsidiary of Capital Alliance Group Inc.. (TSX-V: CPT) and a leading business school in China, is pleased to report that its total student enrollment in China for Q-3 has increased by 125% as compared to the same enrollment period last year.. As of September 10th, 2005, student enrollment in five corporate owned campuses and two alliance satellite centers totaled 2,395 students as compared to 1,064 students from one year ago.. CIBT's Beihai campus, located in Weifang City, Shandong province, experienced the largest increase in enrollment.. The Beihai campus has  ...   expansion strategy to target tier 2 and tier 3 cities in China with populations of 4 to 10 million people, this recent surge in enrollment validates our strategy's success.. We achieved rapid enrollment growth by targeting emerging cities instead of metropolitan cities such as Shanghai or Beijing, which are experiencing aggressive competition," said Toby Chu, President and CEO of CIBT and Capital Alliance Group Inc.. "We intend to add new campuses or satellite learning centers in hundreds of emerging, well populated Chinese cities with thriving economies.. ".. On Behalf of the Board of Directors of CIBT.. O..

    Original link path: /news/20050926.php
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  • Archived pages: 358