Occasions Asia Pacific will provide PR and marketing services to MGM Grand Paradise, a subsidiary of MGM China.<\/p>\n\n\n\n\n\n\n\n
Macau.- The PR and marketing firm Occasions Asia Pacific, owned in part by MGM China co-chairperson and managing director, Pansy Ho<\/strong>, will provide the subsidiary MGM Grand Paradise with public relations, marketing and events services for three years.<\/p>\n\n\n\n The agreement signed covers services from occasions to any member of the MGM Group<\/strong> as required, subject to certain annual caps of HK$116m in 2021, HK$126m in 2022 and HK$130m in 2023.<\/p>\n\n\n\n It’s is not the first time Occasions has collaborated with the MGM Group<\/strong>. Under a previous agreement that ran through most of 2020, it provided MGM China with project management, client servicing brand consultancy and marketing, public and media relation and social media services.<\/p>\n\n\n\n Ho, who holds a 22.49 per cent stake in MGM China, acquired 50 per cent of Occasions last year.<\/p>\n","protected":false},"excerpt":{"rendered":" Occasions Asia Pacific will provide PR and marketing services to MGM Grand Paradise, a subsidiary of MGM China.<\/p>\n","protected":false},"author":2,"featured_media":13359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Occasions Asia Pacific, a firm partly owned by MGM China co-chairperson Pansy Ho, has secured a three-year contract to provide PR, marketing, and events services to MGM Grand Paradise, a subsidiary of MGM China. This agreement, subject to annual caps, extends a prior collaboration between Occasions and the broader MGM Group. The transaction highlights an intra-group service arrangement with a significant stakeholder interest.","focusai_entities":"Occasions Asia Pacific, MGM Grand Paradise, MGM China, Pansy Ho, MGM Group","focusai_location":"Macau","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.9), operator_casino (0.8), marketing_crm (0.85), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Governance of Related-Party Deal?","query":"What are the specific governance frameworks and independent oversight mechanisms in place to ensure the fairness and arm's-length nature of this related-party transaction between MGM Grand Paradise and Occasions Asia Pacific?"},{"label":"Market Rate Comparison?","query":"How do the annual caps for these PR and marketing services compare to market rates for similar B2B services in Macau, and what is the rationale behind the three-year term?"}],"footnotes":""},"categories":[160,157,16338],"tags":[23906],"class_list":["post-13354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-business-news","category-east-asia-news","tag-macau-casinos"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=13354"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13354\/revisions"}],"predecessor-version":[{"id":13365,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/13354\/revisions\/13365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/13359"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=13354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=13354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=13354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}