Temasek Holdings and Singapore Press Holdings (SPH) announced on Feb 1 that both companies will merge their respective meetings, incentives, conventions and exhibitions (MICE) subsidiaries, SingEx Holdings Pte. Ltd and Sphere Exhibits Pte Ltd, to form SingEx-Sphere Holdings Pte Ltd.

Under the agreement, Temasek will own 60% in SingEx-Sphere. SPH will own the remaining 40%.

The new entity, SingEx-Sphere, aims to be a regional MICE market leader for hybrid events from a combined portfolio of events management, venue and consultancy businesses.

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