The account was transferred following a pitch that included OMD. MPG was unable to disclose the value of the business.
It is understood that MPG Media Contacts’ existing relationship with DBS Bank, which is part of Temasek Holdings, played a role in the appointment.
Temasek Holdings operates a portfolio worth around US$156 billion and has offices across Asia and Latin America. The sectors that the business covers include consumer goods, energy and resources, financial services, industrials, lifesciences, media, technology, telecommunications, transport and real estate.