MyTOWN Converts Former Project Office into Private Educational Centre

The meeting place in the heart of Kuala Lumpur aims to give a new lease on life to its vacant premises

KUALA LUMPUR,Malaysia,July 12,2023 -- MyTOWN Shopping Centre has commissioned its old project office in the Kuala Lumpur city centre to be transformed into an international educational centre which will be wholly operated by Ideas Academy,a IGCSE certified private primary and secondary school. Ideas Academy at MyTOWNKL is targeted to open early 2024.

MyTOWN Converts Former Project Office into Private Educational Centre

The institution,which works closely with the United Nations High Commissioner for Refugees (UNCHR),aims to make learning more accessible for less privileged and refugee children in Malaysia,alongside general pupils who will occupy the 4 storey-building spanning over 22,000 sqft. Together with Ikano Centres,Boustead Ikano Sdn Bhd (BISB) has committed to invest over RM 5,000,000 to refurbish and revitalise the existing building into an educational institution fitted with all the modern necessities and equipment needed to accommodate and foster a holistic learning environment for the younger generation.

The MyTOWNKL campus of Ideas Academy will be able to accommodate over 650 students hosting an array of facilities including skate ramps,multipurpose courts,green spaces and break rooms to create a healthy and balanced environment for students to learn,grow and thrive.

Encik Mohd Azhan Che Mat,MyTOWNKL General Manager,said,"Giving a second life to our old project office by transforming the space into an educational institution situated beside MyTOWNKL is aligned with our offer mix strategy to cater a variety of offerings from unique retail experience to diverse F&B cuisines including comfortable meeting spaces for students,families,and professionals to catch up during breaks or after classes and work. We are confident that this new addition will strengthen our ambition to position MyTOWNKL as an integrated community hub for shopping,discovery,learning,and play."

Stephanie van Aken,Head of Operations,Ideas Academy,"The establishment of our campus at MyTOWNKL is in line with our Academy's strategic expansion plans to offer IGCSE certified learning programmes for more students within the Klang Valley vicinity. We are grateful to MyTOWNKL for providing us the facility to provide world-class education for students of all backgrounds and interests. The location of MyTOWNKL's current project office further grants the accessibility needed by our future students and their families to commute,learn,and convene with ease."

Arnoud Bakker,Commercial Director,Ikano Centres,"At Ikano Centres,we are passionate about collaborations with like-minded partners who are committed to elevating experiences for the communities we are a part of. We are delighted to be working with Ideas Academy who share our vision of taking a more sustainable approach towards our development. In repurposing the existing building,we are minimising our carbon footprint in tearing down the old structure,disposing the waste at landfills and rebuilding with new materials. This approach is inline with our global Ikano Group sustainability strategy. Furthermore,we are excited to play a role in making education more accessible to all students,regardless of the socio-economic backgrounds. We will always continue to support sustainable initiatives through our recycling and waste management focus,optimisation of our solar panels and rainwater harvesting across buildings in our portfolio,green programmes with our tenants,and also activities that encourage our communities to create a better impact on people and planet."

For more information,please visit https://www.mytownkl.com.my and https://www.ikanocentres.com/.

About MyTOWN Shopping Centre

MyTOWN Shopping Centre is a super-regional shopping centre for friends and family on the fringes of the Central Business District of Kuala Lumpur. The shopping centre is a one-stop destination for shopping,dining,and entertainment. Anchored by IKEA,MyTOWN Shopping Centre is set to deliver a fantastic customer experience with a vibrant mix of retailers. It is one of five shopping centres under the portfolio of Ikano Centres,part of IKEA Southeast Asia. MyTOWN Shopping Centre is developed jointly by Boustead Holdings Berhad and Ikano Pte. Ltd. For more information,log on to https://www.mytownkl.com.my.

About The Boustead Group

Since its inception as a modest trading entity more than 180 years ago,the Boustead Group has grown by leaps and bounds to comprise more than 90 subsidiaries,associate companies and joint ventures,and has substantial interests in various sectors of the Malaysian economy. The Boustead Group's operations are focused in six key areas: plantation,heavy industries,property,finance & investment,trading & industrial and pharmaceutical. URL: https://www.boustead.com.my.

About Ikano Centres

Our portfolio of shopping centres are the hearts and hubs of our communities,creating a better everyday life for the 100 million visitors who visit us every year. Together with our IKEA stores,we create meeting places for friends and families to have a safe and fun day out. We also develop land and invest in residential,office and other types of real estate to create vibrant destinations where people can live,work and play. With strong ambitions to grow our portfolio,we currently operate five meeting places in Malaysia and Thailand including IPC and MyTOWN in Kuala Lumpur,Toppen in Johor Bahru,the first phase of a shopping centre in Batu Kawan,Penang,and Megabangna in Bangkok. We are part of Ikano Retail,the only IKEA franchisee in the world owned by the Kamprad family that founded IKEA.To learn more,visit our Ikano Centres WEBSITE or LINKEDIN page.