Why did Hoorey X Fest Raya get cancelled a day before?

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Hoorey X Fest Raya Cancelled Due to Sponsor Withdrawals Leading to Venue Payment Issues

The Hoorey X Fest Raya shopping event, scheduled to run from April 19 to April 21 at the World Trade Centre (WTC) in Kuala Lumpur, was cancelled just one day prior to its commencement. This cancellation was announced by the venue provider, citing the inability of the event organiser, Tenview (M) Sdn Bhd, to make venue payments. The primary reason for this financial shortfall was the last-minute withdrawal of the event's main sponsors.
Main Sponsors Pulled Out

According to Tenview chief executive officer Datuk Mohammad Aliff Hakim, the primary sponsors of the Hoorey X Fest Raya event withdrew their support at the eleventh hour. This unexpected decision significantly impacted the financial viability of the event, leaving the organisers unable to meet their financial obligations.
Inability to Pay Venue Fees

The withdrawal of sponsorship funds directly led to Tenview (M) Sdn Bhd being unable to pay for the rental of the World Trade Centre. As a result, the venue provider announced the cancellation of the event. This situation left over 100 local celebrity entrepreneurs who had signed up as vendors affected by the abrupt cancellation.
Vendor Financial Losses

Vendors who had invested in participating in the Hoorey X Fest Raya faced significant financial repercussions. Tenview (M) Sdn Bhd offered vendors two options: a refund or the possibility of participating at a later date. However, some vendors reported substantial losses; for instance, local band frontman Ayie from Floor 88 indicated a potential loss of nearly RM10,000 from his investment, with a friend reportedly losing close to RM20,000.
Boy Iman's Role Clarified

Actor and businessman Boy Iman, whose real name is Noruliman A Rahman, addressed his involvement in the event as the sales and marketing director. He clarified through an Instagram post that he was merely an employee hired by Tenview (M) Sdn Bhd and not responsible for the company's financial decisions, operational procedures, or overall management. He stated that the company is run by its legitimate owner, board of directors, and CEO.

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Why did Hoorey X Fest Raya get cancelled a day before?

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