Global Education Communities Corp. Reports Director Election Results

February 10, 2023

Vancouver, BC, February 10, 2023 – Global Education Communities Corp. (TSX: GEC, OTCQX International: GECSF) (“GEC Corp.” or the “Company“) reports the director election voting results from its annual general meeting held today. All of the director nominees, as listed in the management information circular dated January 3, 2023, were elected.  Proxy voting as to each of the director nominees was as follows:

 Votes in FavourVotes Withheld
Morris Chen99.76%0.24%
Toby Chu90.83%9.17%
Tony David99.76%0.24%
Derek Feng99.76%0.24%
May Hsu99.76%0.24%
Troy Rice99.76%0.24%
Shane Weir99.78%0.22%

Please see the report of voting results filed today under GEC Corp.’s profile on SEDAR for the results of the other matters voted on by shareholders at the meeting. 

About Global Education Communities Corp.:

Global Education Communities Corp. is one of Canada’s largest education and student housing investment companies focused on the domestic and global education market since 1994. GEC Corp. owns business and language colleges, student-centric rental apartments, recruitment centres and corporate offices at 41 locations in Canada and abroad. Its education subsidiaries include Sprott Shaw College Corp. (“SSCC”) (established in 1903), Sprott Shaw Language College (“SSLC”), Vancouver International College Career Campus (“VIC”) and CIBT School of Business & Technology Corp. (“CIBT China”). GEC Corp. offers over 150 educational programs in healthcare, business management, e-commerce, cyber-security, hotel management, and language training through these schools. In 2022, GEC Corp. serviced over 10,000 domestic and international students through its educational and rental housing subsidiaries.

GEC Corp. owns Global Education City Holdings Inc. (“GECH”), an investment holding and development company focused on education-related real estate such as student-centric rental apartments, a hotel and education super-centres. Under the GEC® brand, GECH provides accommodation services to 90 schools in Metro Vancouver, serving 3,000 students from 71 countries. The total portfolio and development budget under the GEC® brand is nearly $1.3 billion.

GEC Corp. also owns Global Education Alliance Inc. (“GEA”) and Irix Design Group Inc. (“IRIX”). GEA recruits international students for elite kindergartens, primary and secondary schools, colleges and universities in North America. Irix Design is a leading design and advertising company based in Vancouver, Canada. Visit us online and watch our corporate video at www.GECHQ.com.

For more information, contact:

Toby Chu

Chairman, President & CEO

Global Education Communities Corp.

Investor Relations Contact: 1-604-871-9909 extension 319 or | Email: info@GECHQ.com

Request Info

Request Info Today!

If you have any general inquiries, please fill out this simple form and someone from our team will get back to you shortly!

Inquire today