Indonesian Political, Business & Finance News

IMG has no contact with PT HM Sampoerna

| Source: JP

IMG has no contact with PT HM Sampoerna

JAKARTA (JP): The organizer of the Thomas and Uber Cups' final
has denied that local cigarette maker has signed a contract to
sponsor the events.

Mark Adams, director of the International Management Group
(IMG), the organizer of the Thomas and Uber Cups' final, said
Thursday that IMG had never signed an agreement with PT HM
Sampoerna, Surabaya-based tobacco company, as the main sponsor
for the prestigious badminton final.

Sampoerna has no relationship whatsoever with the activities
of the Thomas and Uber Cups' final round, Antara quoted Adams as
saying.

Adams further said IMG was still looking for sponsors for the
Thomas and Uber Cups.

He said one company had withdrawn its sponsorship, but he
declined to name the company.

According to Adams, sponsorship of the two events was subject
to authorization from the International Badminton Federation
(IBF).

He said IBF also had the authority to decide whether the
Thomas and Uber Cups were held.

Only IBF can decide on the holding of the men's and women's
badminton teams final which is scheduled to be held in Hong Kong
in May this year, Adams said.

Referring to sponsorship, Adams said IMG would sound out
several Hong Kong and Chinese companies about sponsoring the
badminton final.

In 1994, the Thomas and Uber Cups were also held in Hong Kong
and Sampoerna sponsored them through one of its products, A King.

Jatmiko Wardoyo, spokesman of Indo Ad, a local advertising
company, said on behalf of Surya Handoko of Sampoerna, that it
was true Sampoerna had not signed a contract with IMG to become
the main sponsor of the badminton events.

Jatmiko expressed fear that the Thomas and Uber Cups' final
would be canceled if no sponsor was found. "A budget of US$1
million (Rp 9 billion) is required to hold the event."

IBF vice chairman, Justian Suhandinata, said Wednesday he
hoped sponsors would not withdraw from the Thomas and Uber Cups.

"I hope none of the sponsors, who have signed contracts, break
their agreements but instead find a way to overcome their
budgetary problems," Justian said.

Justian was referring to private TV station RCTI, Sampoerna
and IMG.

Justian added that if the three companies made part payments,
IBF would make up the shortfall in promised financial support.

IBF is still confident the event will take place as planned.

Separately, the Badminton Association of Indonesia executive
director, Karsono, told reporters yesterday the association would
still groom its 22 athletes for the Thomas and Uber Cups.

"But we have to wait for the IBF decision next week on when
the championships will take place. If they have to be delayed,
then the association's athletes development deputy and the
Badminton Training Center director will have to change the
athletes' programs to enable them reach their peaks at the
event," he said. (yan/lnt)

View JSON | Print