MindChamps PreSchool Ltd., a Singaporean preschools and enrichment centers operator, has agreed to buy eight early learning centres in Sydney, Australia for A$40.84 million ($29 million).

The eight early learning centres are located in the suburbs of Sydney, Mascot, Parramatta, Albion Park, West Hoxton, Kemps Creek and Shellharbour.

MindChamps PreSchool, via its wholly-owned subsidiary, is buying the early learning centres from the Malek Family.

The transaction will bring the total number of MindChamps early learning centres in Down Under to 20.