What did Tenview CEO say about sponsors pulling out last minute?

Question

Accepted Answer

Tenview CEO Cited Sponsor Withdrawals as Reason for Event Cancellation

Tenview CEO Datuk Mohammad Aliff Hakim stated that the Hari Raya shopping event, Hoorey X Fest Raya, was cancelled because main sponsors withdrew their support at the last minute. This withdrawal of funding prevented Tenview from meeting its financial obligations for the venue. As a result, vendors were presented with two options: either a refund or a postponement of the event to a later date.
Main Sponsors Withdrew Support

Datuk Mohammad Aliff Hakim, the chief executive officer of event organiser Tenview (M) Sdn Bhd, explained that the primary sponsors for the Hoorey X Fest Raya had pulled out unexpectedly just before the event was scheduled to commence. This late withdrawal of financial backing created a significant shortfall.
Inability to Pay for Venue

The withdrawal of the main sponsors directly led to Tenview's inability to pay for the allocated venue. The event was slated to be held at the World Trade Centre (WTC) in Kuala Lumpur. This financial constraint necessitated the cancellation of the shopping festival.
Vendor Options Provided

Following the cancellation, Tenview informed the over 100 local celebrity entrepreneurs who had signed up as vendors. They were offered a choice between receiving a full refund for their participation fees or waiting for the event to be rescheduled for a future date. Some vendors, such as local band frontman Ayie from Floor 88, reported potential losses of up to RM10,000 due to their preparations.

Reading history

Hide →

This history is cleared when the page is closed.

What did Tenview CEO say about sponsors pulling out last minute?

Loading

Was this article helpful?

Helpful

Not helpful

Report an issue

1

0

0

Share with friends