UBM acquires Southeast Asia's largest furniture fair
UBM plc (UBM) today announced the acquisition of the exhibition by its owner, UBM Asia, to the owner of the Malaysian International Furniture Fair (MIFF). Zipper Purse,Mini Purse,Functional Mini Purse,Coin Wallet,Shopping bag Dongguan Jinying Handbags Co.,Ltd , https://www.jinyingnicebag.com
The Malaysia International Furniture Fair is held in Kuala Lumpur and is the largest exhibition in Malaysia and the largest furniture fair in Southeast Asia. This annual exhibition was founded in 1995, mainly for the furniture export market. The 2011 exhibition attracted more than 450 exhibitors and 20,000 spectators to visit, with a net exhibition area of ​​30,000 square meters. A total of 30% of exhibitors and 40% of the audience came from over 100 countries overseas. The exhibition revenue is approximately RM20 million (US$6.6 million).
The Malaysian International Furniture Fair and UBM's existing furniture and interior decoration exhibitions can work together, especially the China International Furniture Fair held in Shanghai every September and the Interiors Exhibition/Conference in the UK. The former is the largest in the world. International Furniture Fair (based on the number of exhibitors). UBM also hosted the Index Fairs Furniture Fair in India, where the Index Fairs Mumbai show is the premier furniture show in the region. By acquiring the Malaysia International Furniture Fair, UBM will strengthen its leading position in the ASEAN furniture market.
Mr. Dato Tan Chin Huat, founder of the Malaysia International Furniture Fair, will remain in office. Ms. Karen Goi, General Manager of Malaysia International Furniture Fair, and her team will work with the team at UBM Malaysia and report to Mr. M Gandhi, Managing Director of UBM Asia (ASEAN).
Mr. Ai Xinke, Chairman and Chief Executive Officer of UBM Asia, said: “After a series of AMB exhibitions acquired in May last year and the Malaysian International Furniture Fair that just completed the acquisition, UBM’s Malaysia office has become the largest exhibition in the region. In conjunction with our offices in Thailand, Singapore, Indonesia, the Philippines and Vietnam, UBM Asia will provide its customers with a unique and strong network covering ASEAN countries that will merge into a large market in 2015. This will enable Malaysia International The furniture fair is elevated to a higher level and brings better benefits to exhibitors and visitors who are participating in this prestigious exhibition. We look forward to working closely with Mr. Dato Tan and hereby welcome Miss Karen Goi and the Malaysia International Furniture Fair team to join Asia. UBM."
UBM Asia is part of UBM plc, a company listed on the London Stock Exchange. UBM Asia is headquartered in Hong Kong and has subsidiaries throughout Asia, including UBM in Shanghai, Hangzhou, Guangzhou and Beijing. The Group has more than 200 industries, covering trade shows, conferences, professional magazines, business-to-business or consumer-facing websites and online virtual conferences and exhibitions. UBM Asia is Asia's premier event organizer and the largest trade show organizer in China and India's two fast-growing markets. The company holds 150 trade shows, publishes 24 high-quality professional magazines, and operates 16 vertical websites to provide high-quality meeting business matching for more than 1,000,000 exhibitors, buyers, conference delegates, advertisers and readers from around the world. Real-time market trends, online trade network, industry information center and procurement and marketing platform. UBM Asia has offices in Asia, east to Japan, and west to Turkey, with more than 1,000 employees in 21 major cities.