The MCH Group, Basel/Switzerland, is taking a 15% stake in Arts Events Singapore, the organiser of the new art fair ART SG for Southeast Asia. The new event, whose main lead partner is UBS, will premiere from January 12 to 15, 2023 during Singapore Art Week in Marina Bay Sands Expo and Convention Centre and present around 100 leading galleries as well as installations, films, talks and performances.
„We will establish a distinctive identity for ART SG:“
Beat Zwahlen: "We are convinced of the successful launch of the new art fair and are delighted that we are in a position to be able to support it." The CEO of the MCH Group is confident that this investment will result in "strengthening the art market and our position" in this geographical area. The Swiss company, which also organises Art Basel, also wants to foster the thriving cultural ecosystem across the region, as a complementary strategy alongside its core business of running Art Basel in Hong Kong.
"We will establish a distinctive identity for ART SG which reflects Singapore's natural role as a regional hub and as a gateway to Southeast Asia. With positive commitment from an overwhelming number of the world's leading galleries, we are looking forward to welcoming many who will exhibit in Singapore for the first time, alongside the very best galleries of Singapore and Southeast Asia," said Magnus Renfrew, together with Sandy Angus Co-Founder of ART SG.