STS Group is a

Bangladesh Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world, with a population exceeding 165 million pe ...

conglomerate Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Co ...

company servicing healthcare and education. Under the Group, two subsidiary companies namely STS Holdings Ltd for Healthcare and STS Capital Limited (former STS Educational Group Ltd) for Education sector was formed. The majority of the shares are owned by British International Investment, a United Kingdom government investment fund.

History

STS Group was founded in 1997 by merging Shanta Group, Tropica Group and Sepal Group, the three business houses that were operating independently. The acronym S-T-S came from the first three letters of these three corporate business houses in Bangladesh. The group's goal was to provide healthcare and education with participation of local and foreign entrepreneurs. It established International School Dhaka in 1998 and is located in

Bashundhara Residential Area Bashundhara ( bn, বসুন্ধরা আবাসিক এলাকা) is an upscale residential area in Dhaka, Bangladesh. The area is developed by Bashundhara Group. The project of Basundhara was started in the 1980s. In 2011 portio ...

. It established International Training Centre in 2006. In 2005, it started Apollo Hospital Dhaka which would be rebranded to Evercare Hospital in 2020. STS Group established DPS STS School as a joint venture with the Delhi Public School in 2009 at Sector 15 of Uttara. The school was inaugurated by Nurul Islam Nahid, Minister of Education, and Rashed Khan Menon, member of parliament, in August 2009. STS School Sunvalley was established for Sunvalley Abashon Project, a housing project in eastern Dhaka. Universal College Bangladesh was created as a partner of the Australian

Monash University Monash University () is a public research university based in Melbourne, Victoria, Australia. Named for prominent World War I general Sir John Monash, it was founded in 1958 and is the second oldest university in the state. The university h ...

and awards degrees from Monash. In 2022, it started offering degrees from

London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 mill ...

and the

University of London The University of London (UoL; abbreviated as Lond or more rarely Londin in post-nominals) is a federal public research university located in London, England, United Kingdom. The university was established by royal charter in 1836 as a degre ...

. STS Nursing College was established in 2019. In 2020, STS Group sold their majority shares to the CDC Group, which is owned by the United Kingdom government through British International Investment. The Minister of Commerce of Bangladesh, Tipu Munshi, is a shareholder of the STS Group. In 2021, the under construction Apollo Hospital Chattogram was renamed to Evercare Hospitals Chattogram.

List of companies

Education * International School Dhaka * DPS STS School * STS School Sunvalley * Universal College Bangladesh (UCB) Healthcare * Evercare Hospital Dhaka * Evercare Hospital Chittagong * STS Nursing College

Board of Directors

References

{{reflist Conglomerate companies of Bangladesh 1997 establishments in Bangladesh Organisations based in Dhaka

History

List of companies

Board of Directors

See also

References