UBM Asia Continues to Expand its Leading Position in Malaysia with
the Acquisition of Greenbuild Asia
HONG KONG, Nov. 19, 2012 /PRNewswire/ -- UBM announces that
it has acquired 65% equity share in Eco Exhibitions Sdn Bhd which
owns Greenbuild Asia to develop the fair and to accelerate UBM's
ASEAN strategies in Southeast Asia
and its leading position in Malaysia.
(Logo: http://www.prnasia.com/sa/2010/04/19/20100419602891.jpg
)
Greenbuild Asia is Southeast
Asia's biggest event for sustainable building, design and
construction. In February 2012, the
exhibition in Kuala Lumpur
welcomed over 12,000 trade buyers and 98 exhibiting companies from
across the region. In 2013, the exhibition will be held from
17 - 19 September and will move to a larger exhibition venue
at the Putra World Trade Centre to accommodate the increasing
demand for space. Andrew Siow,
founder and owner of Greenbuild Asia, will remain as a partner and
also Managing Director of the company.
UBM Asia has been actively expanding its business in
Malaysia these two years. It
acquired in 2011 from AMB Exhibitions Sdn Bhd its trade exhibitions
related to water, livestock, energy, and mechanical/electrical
industries in Malaysia,
Vietnam and the Philippines. Of these, the two largest
shows are AsiaWater and ASEAN M&E Expo, both in Kuala Lumpur.
UBM acquired the Malaysian International Furniture Fair (MIFF),
Malaysia's largest exhibition held
in Kuala Lumpur and the largest
furniture exhibition in Southeast
Asia this February. With this acquisition, UBM Asia became
the largest exhibition organiser in Malaysia. UBM Asia has since then launched
IFSEC Southeast Asia, Rail Asia Exhibition & Conference and
EcoBuild Southeast Asia in Malaysia; CPhI South East Asia and Concrete
Show South East Asia in Indonesia;
Singapore Jewellery & Gem Fair in Singapore; and SATTE Indonesia in Bali as part of its ASEAN development.
Showcasing the full range of properties, services, materials,
equipment and construction technology dedicated to sustainable
buildings, Greenbuild Asia also creates strong synergies with UBM's
Ecobuild brand. Held at London's
ExCeL, Ecobuild is the world's leading event for sustainable
design, construction and the built environment. The 2012 event in
March brought together more than 57,000 industry professionals who
explored the products, services and innovations from over 1,500
exhibitors. This established brand has also been geo-adapted to
Asia, in India and China.
Jime Essink, President &
Chief Executive Officer of UBM Asia said:
"Southeast Asia is a very
important market to UBM and to our customers. Together with our
offices in Malaysia, Thailand, Singapore, Indonesia, the
Philippines and Vietnam,
UBM Asia provides a unique and extensive network across the ASEAN.
We currently have 30 exhibitions in this region for a wide
range of sectors to facilitate our customers in exploring the ASEAN
markets which will become one big market in 2015. We look forward
to having the tremendous contribution from Andrew and his team to
further develop the successful Greenbuild Asia."
Notes to Editors
1. About UBM Asia (www.ubmasia.com)
Owned by UBM plc listed on the London Stock Exchange, UBM Asia
operates in 19 market sectors with headquarters in Hong Kong and subsidiary companies across
Asia, including UBM China in
Shanghai, Hangzhou, Guangzhou and Beijing. We have over 240 products including
trade fairs, conferences, trade publications, B2B/B2C portals and
virtual event services. As Asia's
leading exhibition organiser and the biggest commercial organiser
in China, India and Malaysia, we stage the leading events of their
kind across the region. Our 200 events, 24 publications and 16
vertical portals serve over 1,000,000 quality exhibitors, visitors,
conference delegates, advertisers and subscribers from all over the
world with high value face-to-face business-matching events,
quality and instant market news and industry trends, and
round-the-clock online trading networks and sourcing platforms. We
have over 1,100 staff in 21 major cities across Asia, stretching from Japan to Turkey.
2. About UBM plc (www.ubm.com)
UBM plc
is a leading global business media company. We inform markets and
bring the world's buyers and sellers together at events, online, in
print and provide them with the information they need to do
business successfully. Our 6,500 staff in more than 30 countries
are organised into specialist teams which serve commercial and
professional communities, helping them to do business and their
markets to work effectively and efficiently.
For more information, go to www.ubm.com; follow us on Twitter at
@UBM_plc to get the latest UBM news.
For press enquiries, please contact:
Jennifer Law, Director of Corporate
Marketing & Communications, UBM Asia
Tel: +852 2516 1691
Fax: +852 3749 7342
Email: Jennifer.Law@ubm.com
SOURCE UBM Asia