The Flying Sourcers Group announces investment plan
Southeast Asian consulting group has announced plans to invest up to SGD$90M through its three-year “reimagining playparks” growth and innovation strategy.
- (1888PressRelease) May 10, 2020 - The Flying Sourcers today announced its decision to invest up to SGD$90 million over the next three years as they focus on expansion plans for their children’s playparks into Southeast Asia as part of its strategic planning.
Pandia Park, the chain of indoor children’s playparks owned and managed by The Flying Sourcers which currently operates across several major cities in Mainland China, aims to open at least six outlets in Singapore by end-2021, including a flagship store as early as April this year.
The planned investment will accelerate the Group’s plans to fuel efforts in creating never-seen-before children’s indoor and water playpark designs and maintain its leading position in product experience and service quality. Additionally, The Flying Sourcers Group will also speed up the strategic development and operations of children’s playparks in Mainland China and future locations.
Founded in 2008 by Gerald Chan (the current Chief Operating Officer of the Group), The Flying Sourcers Group is among Southeast Asia’s largest specialized professional services providers and has seen a steep growth trajectory since its inception. The company, which originated as a two-man show more than a decade ago from its base in Guangzhou, China has since grown significantly to become a Group of Companies with more than 500 employees. The Flying Sourcers differentiates itself in the marketplace through its specific focus on the financial services market, working with small and medium-sized enterprises and projects in the Asia region.
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