Friday, October 05, 2012

Malaysia’s GO acquires Cambodian event management company

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.

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