S'pore Sports Hub - a public-private sector dance
COO Oon says world's largest sports infrastructure project is a steep learning process for all stakeholders involved
Singapore
THERE are still 14 years to go before OCBC Bank's deal with the Singapore Sports Hub to be its Premier Founding Partner runs out. But already other companies are knocking on the door, wanting to be the next in line.
"I had a question from a big player recently who wanted to know when OCBC's title sponsorship was ending. Why would they ask that if they weren't keen? Of course, right now, we're not looking to selling (the rights) to anybody, but we are getting these enquiries," says Oon Jin Teik, chief operating officer of the Sports Hub.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
WSJ moves Asia headquarters from Hong Kong to Singapore
South Korea to slap fines on food suppliers for ‘shrinkflation’
Olam outbids Dreyfus’ sweetened deal for Australia’s Namoi, raises offer to A$0.66 per share
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Jim Beam owner bets on canned vodka cocktails to double revenue