Consolidation of Print and Digital Publishing Businesses
Marshall Cavendish International (Singapore) Private Limited (“MCIS”) and MC Online Pte Ltd (“MCOL”) were amalgamated and a new entity Marshall Cavendish Education Pte Ltd (“MCE”) was incorporated on 28 March 2014. MCIS is a renowned publisher of educational content, and has a large international customer base mainly for print products. MCOL develops digital educational products primarily for sale in the Singapore market.
The amalgamation of our print and digital publishing businesses recognises that our customers want integrated solutions, and this step will enable us to meet our customers’ expectations more effectively.