SPH unit submits joint bid to manage Singapore Expo
It is said to have teamed up with Unusual Development; other contenders are incumbent SingEx Venues and a Ron Sim unit
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
A UNIT of Singapore Press Holdings (SPH) has thrown its hat into the ring for a government tender to become the managers of Singapore Expo for 10 years from 2019, in a three-cornered fight involving incumbent SingEx Venues and a unit of Singapore entrepreneur Ron Sim's V3 Group.
The Business Times understands that SPH's wholly owned events arm Sphere Exhibits and concert organiser Unusual Development jointly submitted a S$60 million proposal for the 10-year contract for Singapore's largest exhibition venue, which has 108,000 sq m of indoor space.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report