Temasek, SPH announce merger of MICE subsidiaries
Singapore remains a dynamic business hub for MICE.
Temasek and Singapore Press Holdings (SPH) have entered into an agreement to merge their meetings, incentives, conventions, and exhibitions (MICE) subsidiaries.
Temasek’s wholly owned subsidiary SingEx Holdings and Sphere Exhibits, a subsidiary owned by SPH, will be merging to form SingEx-Sphere Holdings.
According to the details of the merger, Temasek will own 60% of SingEx-Sphere whilst SPH will own 40%.
SingEx-Sphere aims to be a regional MICE market leader for hybrid events driving best-in-class solutions from a combined portfolio of events management, venue and consultancy businesses.