July 18, 2024 – PORTMAN Education Group is thrilled to announce its strategic acquisition of DMC, a move poised to drive the next wave of exponential growth, with an eye towards an initial public offering (IPO) on NASDAQ. This acquisition combines DMC’s deep knowledge and experience in AI and digital technology with PORTMAN’s extensive transformational Online-to-Offline (O2O) education platform that serves B2C, B2B, and B2G markets in South East Asia.

The acquisition marks a significant milestone, highlighted by the rebranding of DMC to PDMC (PORTMAN DMC) with a revitalized look and feel that is aligned with PORTMAN Corporate Branding. This rebranding symbolizes the fusion of DMC’s cutting-edge AI & Digital technology expertise with PORTMAN’s innovative educational platforms, creating a synergistic powerhouse set to transform industries through AI and digital solutions.

Mr. Ernie Chen, Chairman of PORTMAN Education Group, expressed his enthusiasm about the acquisition, stating, “The infinite possibilities brought forth by DMC’s core expertise in AI and digital technology perfectly complement our strategic vision at PORTMAN. Together, we are not just enhancing our service offerings but are also setting the stage for groundbreaking advancements that will redefine the landscape of education with AI & Digital technology services.”

Mr. Charles Gregory, CEO of the newly rebranded PDMC, shared his excitement for the future, saying, “Joining the PORTMAN platform marks an exciting new chapter for us. Our combined strengths will allow us to offer unparalleled consulting, education, and outsourcing services, helping businesses across industries transform and thrive in the digital era. We are ready to leverage AI and digital technology to drive meaningful change and deliver exceptional value to our clients.”

This acquisition is set to unlock new growth opportunities and enhance the value proposition of both entities. By integrating DMC’s AI capabilities with PORTMAN’s O2O platform, the combined entity is poised to deliver innovative solutions and drive significant value across multiple sectors.
As PORTMAN Education Group and PDMC embark on this transformative journey, the focus remains on harnessing the power of AI and digital technology to deliver superior consulting, educational, and outsourcing services.

This strategic move not only strengthens their market position but also sets the foundation for a future NASDAQ IPO, signaling a bold step towards a promising and prosperous future.
For media inquiries, please contact:

Media Contact:
Ivy Loh
Group Head of Media & Communications
PORTMAN Education Group
Email: Ivy.l@portman.edu.my
Phone: 014-981 1931

About PORTMAN Education Group:
PORTMAN Education Group is a transformational & innovative education & training company, leveraging a comprehensive Online-to-Offline (O2O) platform to serve B2C, B2B, and B2G markets. With a commitment to making a difference by making lives & businesses better through cutting-edge solutions, PORTMAN Education Group is dedicated to driving growth and delivering exceptional value to its students & clients.

About PDMC:
PDMC (PORTMAN DMC) is the No. 1 AI & Digital technology transformation company in Malaysia. With a focus on helping businesses transform and thrive in the digital era, PDMC offers a range of consulting, educational, and outsourcing services designed to drive innovation and deliver superior results.