• TEG establishing Asian division based in Singapore for region growth
TEG, the Australasian ticketing, live entertainment and data analytics company, has announced the acquisition of the #1 ticketing company in Malaysia, TicketCharge.
Founded in 1991, TicketCharge is the leading live event ticketing provider for events of all sizes in Malaysia, offering a full suite of ticketing and marketing services. TicketCharge has offices in Kuala Lumpur and Penang.
As part of the acquisition, TEG has established a new Asian division based in Singapore to focus on the strong growth in live entertainment in the region. The office will provide ticketing services as well as procure and deliver leading live content throughout Asia.
The TicketCharge acquisition complements soon-to-be-announced partnerships in Asia involving TEG’s ticketing software licensing business Softix, which currently has clients in 20 countries.
TEG CEO Geoff Jones said the announcements demonstrate the focus and commitment to expand the business into multiple Asian markets.
“TEG is the largest diversified entertainment company in Asia Pacific and we have a track record and accumulated expertise in the entertainment industry,” said Jones.
“We see huge opportunities in many offshore markets and our strategy puts us on course to becoming a truly international promoter and service producer.”
Established in 1991, TicketCharge provides a full suite of ticketing via a network of distribution outlets, online and call centre channels. TicketCharge has ticketed major events in Malaysia, including the XXI South-East Asian Games, Jay Chou, Big Bang, Guns N Roses, Disney On Ice, Vanessa-Mae and Aaron Kwok Live, just to name a few. The company also handles ticketing for local and international arts and theatre productions, such as Cats, Fame, Chang & Eng: The Musical, Madame Butterfly Opera and Thousand Arms Thousand Eyes, among many others.