Beacon College (Hong Kong)
 | |
| Company type | Public |
|---|---|
| Industry | Secondary tuition |
| Founded | 1989 |
| Founder |
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| Headquarters | |
Number of locations | 18 centres (2018) |
| Parent | BExcellent Group Holdings Ltd (SEHK: 1775) |
| Website | www |
| Beacon College | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 遵理學校 | ||||||||||||
| Simplified Chinese | 遵理学校 | ||||||||||||
| |||||||||||||
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Beacon College Ltd., doing business as Beacon College, is a cram school in Hong Kong. It was founded in 1989 by June Leung, Christine Ng and Richard Eng in Yuen Long. The school provides secondary tutorial classes for students sitting for the Hong Kong Diploma of Secondary Education, day-time secondary courses, pre-education courses and life-learning courses.
The company is reported to be the largest private supplementary secondary school education services provider in Hong Kong.[1] The BExcellent Group is the listed parent company of Beacon College.[2] It was created through a corporate restructuring of the Beacon Group on June 30, 2018.
History
[edit]Beacon College was founded in 1989, and was then expanded to different regions in Hong Kong. In 2015, the college applied for their IPO but was rejected in 2016.
In November 2017, Beacon applied for their IPO again under the name of BExcellent Group Holdings Ltd. In June 2018, it became a listed company, marking the company the second of its kind to go public, after Modern Education.[3]
Incidents
[edit]In 2015, Lam Yat-yan (also known as YY Lam), Beacon's Chinese Language tutor, received an open letter from opponent company Modern Education, inviting him to join the company after his contract with Beacon College ends.[4] Modern stated that they will offer an annual income of HK$85 million, a four-year contract and additional financial assistance.[5] However, Lam rejected the offer, saying that he had "maintained a good partnership with Beacon College".[6]
In 2016, Liberal Studies tutor Oscar Ma was reported to have been involved in a sexual relationship with a student. A student who had applied for his lesson posted multiple screenshots and videos of their intimate conversations.[7] Later on, Beacon suspended Ma.[8]
In 2017, English Language tutor Patrick Chan Chi-yung (more commonly known as P Chan) was sued by his former employer Modern Education, where he had taught at for 16 years before he entered Beacon College. The lawsuit includes claims for an alleged breach of contract, a third party copyright infringement, and other financial costs, asking for a total of HK$36.3 million.[9]
See also
[edit]References
[edit]- ^ "Beacon College operator to widen teaching footprint". The Standard. Retrieved 16 September 2018.
- ^ "Best-paying tutorial school seeks to go public in HK again". Retrieved 16 September 2018.
- ^ Hu, Fox. "Hong Kong Tutoring Firm Bexcellent Soars 22 Percent in Debut". Bloomberg. Retrieved 23 September 2018.
- ^ "Why this Hong Kong tutor is worth 22 Barack Obamas". EJ Insight. 8 October 2015. Retrieved 16 September 2018.
- ^ Bland, Ben (16 February 2016). "YY Lam: Hong Kong's top-of-the-class tutor". Financial Times. Retrieved 16 September 2018.
- ^ "Want to earn a cool HK$85 million? Hong Kong tutorial school tries to poach top teacher from rival institution". South China Morning Post. Retrieved 16 September 2018.
- ^ "Celeb tutor resigns after student alleges online that they had sex | Coconuts Hong Kong". coconuts.co. Retrieved 16 September 2018.
- ^ "Tutor to be investigated after claims he had sex with student | Hong Kong Free Press HKFP". Hong Kong Free Press HKFP. 10 May 2016. Retrieved 16 September 2018.
- ^ "Star English tutor sued for HK$36 million by former firm". South China Morning Post. Retrieved 16 September 2018.
External links
[edit]- Business data for Beacon College: