ID :
166805
Wed, 03/09/2011 - 12:08
Auther :
Shortlink :
https://oananews.org//node/166805
The shortlink copeid
Asia media group to expand services to Sıngapore
KUALA LUMPUR, March 9 (Bernama) -- Asia Media Group Bhd, a digital
transit-TV company, plans to expand its services to Singapore by year-end, said its chief executive officer, Ricky Wong Shee Kai.
"We hope to duplicate our success in Malaysia in Singapore," he told reporters here Wednesday.
Wong said 80 per cent of Singapore's population used public transport and demand for the company's services would be good.
"The company plans to invest between RM25 million (US$8.33 million) and RM30 million (US$10 million) for the expansion in Singapore, which is expected to start contributing to the company's revenue next year," he said.
He said the company was also keen on the Indonesian market as it offered good opportunities with its large population.
"We are still exploring and studying the market in Jakarta as it is different compare to Malaysia and Singapore," he said.
Wong said Indonesia was an attractive market with its strong media industry growth, large population and high dependency on the use of public transport.
"The company is currently in the midst of finding a partner who can understand its business model," he said.
He said the company was confident of replicating its business model in the regional markets given its vast experience and proven track record in Malaysia.
transit-TV company, plans to expand its services to Singapore by year-end, said its chief executive officer, Ricky Wong Shee Kai.
"We hope to duplicate our success in Malaysia in Singapore," he told reporters here Wednesday.
Wong said 80 per cent of Singapore's population used public transport and demand for the company's services would be good.
"The company plans to invest between RM25 million (US$8.33 million) and RM30 million (US$10 million) for the expansion in Singapore, which is expected to start contributing to the company's revenue next year," he said.
He said the company was also keen on the Indonesian market as it offered good opportunities with its large population.
"We are still exploring and studying the market in Jakarta as it is different compare to Malaysia and Singapore," he said.
Wong said Indonesia was an attractive market with its strong media industry growth, large population and high dependency on the use of public transport.
"The company is currently in the midst of finding a partner who can understand its business model," he said.
He said the company was confident of replicating its business model in the regional markets given its vast experience and proven track record in Malaysia.
