We were interested to receive today a press release from the Singapore Furniture Industries Association. It's furniture fair is the most important in south-east Asia and has been spun off into a private company. Pico subisdiary Meeting Planners has bought 40% of the new business. The Association's Quek Chin Tuan becomes CEO of the new company, International Furniture Fair Singapore Pte Ltd.
The new team has plans to build the fair from its current size where it occupies 55,000 square metres at the Singapore Expo venue to take up the full 100,000 square metres which will be available by 2009.
Wednesday, July 13, 2005
Association spins off Singapore furniture fair
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