London, 15th May: Earlier this week, UBM plc released its trading update for the current financial year. During the period, UBM’s management reported good growth at some of its key events including Hotelex & FineFood in Shanghai. In addition, the Allworld integration work is also reportedly progressing well and its biennial show, Food and Hospitality Asia (FHA), in Singapore delivered strong growth.

UBM announced that it spent a combined consideration of £20.2 million (US$27 million) for four acquisitions including MetalTech in Malaysia from the ITE Group and three events in Hong Kong from Diversified Communications.