News this week: Malaysia-based GO
Communications Group has acquired Active Event Management, a public
relations and events agency based in Cambodia. Financial details of the deal
were not available.
According to GO Communications, the deal takes the group
closer towards creating “one of the largest independent PR networks in Asia.”
Earlier this year, GO acquired DC Consultants, a Bangkok-based public relations
agency.
Bob Chua, chairman of GO Communications Group, said, “Cambodia
has one of the fastest-growing economies within ASEAN, with a GDP [growth]
averaging more than 8% for the last three years. Cambodia has a population of
over 15 million people, tourism is growing with more than three million
visitors a year and foreign direct investment is rapidly increasing. China
alone is planning to invest over US$8 billion with 360 new projects over the
next year.”
Active Event Management has a staff team of 25 – in addition
the company also has 180 field support staff. Active Event managing director,
Sisopheak Siet, will continue in his role with Active Events.
This post is excerpted from BSG's weekly e-newsletter
which is part of our subscription research service, BSG Tracker. Visit our website
to find out more about this service. You can also follow us on Twitter
for all the latest updates.
No comments:
Post a Comment