Nineteen Group expands into Singapore

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Singapore, 30th April: Nineteen Group, a U.K.-based exhibition organiser, announced plans to expand its portfolio to Asia by launching the Safety & Security Event Series, and the Emergency Services Show in Singapore. The company will also open an office in Singapore to support its new events.

Safety & Security Asia will include The Security Event, The Fire Safety Event, The Health & Safety Event, and The Emergency Services Show – all of which will collectively target the safety and security industry across the region. The inaugural edition will run from 11th to 13th November 2025 at the Marina Bay Sands Expo and Convention Centre.

Made-in-China.com’s revenues up 11% in Q1

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Nanjing, 26th April: Focus Technology, the operator of Made-in-China.com which is a B2B sourcing platform, has reported revenues of US$47 million in the quarter ended 31st March 2024. This is an 11% increase compared with the first quarter of 2023.

The company’s net profit jumped 58% in the quarter, reaching US$9.4 million in the quarter. Diluted earnings per share in the three-month period were RMB 0.2422 (US$0.0297). The company’s management did not provide any comment on its performance in the quarter.

GL events’ exhibition-related revenues down 11%

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Lyon, 24th April: Last week, GL events released its financial results for the quarter ended 31st March 2024. Revenues at GL events Exhibitions business were €99.8 million (US$108 million), down 11% compared with the same figure in the first quarter of 2023. The company’s management attributed the decrease in its exhibitions’ revenue largely due to the unfavourable effect of biennial events.

Overall, GL events’ group revenues increased by 10% in the quarter, reaching €386 million (US$417 million). Other than the fall in exhibition-related revenues, the other two key business segments performed well. GL events Live generated €192 million (US$208 million), up 28% year-on-year. While GL events Venues posted revenues of €92.4 million (US$100 million), growth of 7.1%.

IEG’s revenues up 32% in 2023

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Italy, 30th April: Shareholders of Italian Exhibition Group (IEG) approved the company’s financial statements as at 31st December 2023. The company generated revenues of €212 million (US$235 million) in the 2023 financial year, which is a year-on-year growth of 32%. The company also posted a profit of €14.2 million (US$15.6 million) in the year.

In 2023, IEG’s Asian subsidiary, IEG Asia, generated revenues of €1.99 million (US$2.2 million) and recorded a loss of €656,000 (US$725,000) in the year. IEG’s business in Asia is a new one. The Singapore office of IEG Asia open in 2022. It small, but growing portfolio in Asia covers food & beverage, jewellery, and green energy.

Quick takes

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UFI and IAEE sign MoU

UFI, The Global Association of the Exhibition Industry, and The International Association of Exhibitions and Events (IAEE), have signed and MoU which “re-establishes a regular exchange between the associations benefitting their respective members, while also promoting the industry at large. Both partners agree on the value of collaborating on common initiatives, exchanging information and supporting industry developments.” The two associations already collaborate on initiatives such as Global Exhibitions Day (GED) and long-running events such as the China Expo Forum for International Cooperation (CEFCO).

Mark Temple-Smith joins CloserStill

Industry veteran, Mark Temple-Smith has announced that he will be joining CloserStill Media as Group Managing Director as well as a member of the Group Executive Board. Mark has previously held senior positions at Informa Markets, Tarsus, ITE Group and Canon Communications.

ASM Global extents contract to operate ICC Sydney

ASM Global, an event and venue management company, has signed a deal to manage and operate International Convention Centre Sydney (ICC Sydney) for an additional ten years. Since opening in December 2016, ICC Sydney has hosted more than 500 events, welcoming some 500,000 international visitors as well as almost six million domestic visitors.

60,000+ buyers at HKTDC gifts series of events

The Hong Kong Trade Development Council (HKTDC) has concluded its gifts, printing and packaging, and licensing events. The trade shows attracted over 60,000 buyers from 128 countries and regions. According to the HKTDC, buyers from outside Hong Kong were from Mainland China, Taiwan, U.S., Japan and Korea.