A unit of 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. BT 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 sqm of indoor space. Sphere has been considering expanding into the venue-management space since 2013. Sphere Exhibits, which started in 2008, organises 40 exhibitions and events each year in the region, including BuildTech Asia and Singapore’s COMEX and IT Show. Experts told BT that this could harken a new direction for Singapore Expo, which comprises 10 exhibition halls, and hosts around 600 events and an average of six million visitors each year.... Continue Reading
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