News Jan - June 2007 - Parallel Media Group

2007

Colin Montgomerie and Marc Warren give Scotland its first victory in the Omega Mission Hills World Cup...full story

Omega Mission Hills Word Cup Starts

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Jimenez Clinches UBS Hong Kong Open Title in Thrilling Finale...full story

UBS Hong Kong Open 2007 Starts

The PMG promoted UBS Hong Kong Open starts today at the Hong Kong Golf Club, Fanling,....full story

PMG signs three year deal to promote the Kazakhstan Open

Parallel Media Group today announces that it has signed a three year agreement with the National Federation of Golf of the Republic of Kazakhstan (“NFGK”) to continue to promote the Kazakhstan Open...full story

Omega Mission Hills World Cup Aruba Qualifier won by Puerto Rico

Puerto Rico's Wilfred Morales and Miguel Suarez win the Omega Mission Hills World Cup Aruba Qualifier,....Read more from omegamissionhillsworldcup.com

Click here to see our images of the qualifier....

Westerberg wins Kazakhstan Open

Leif Westerberg stood firm during a final round filled with drama and intensity to make a vital par four at the Nurtau Golf Club’s testing 18th hole to post a level par 72 for a nine under winning total of 279 and a one stroke victory over playing partner Ross McGowan of England…Read more from kazakhstanopen.com

Click here to see our images from the Kazakhstan Open...

Omega Sponsors the World Cup Qualifier in Aruba; Sixteen nations battle it out in Aruba qualifier

The Tierra del Sol Golf Club in Aruba is set for the arrival of The Omega Mission Hills World Cup Qualifier on September 27th. A total of 16 nations will battle it out for the for the five qualifying places available and the chance to take part in the Omega Mission Hills World Cup in China from 22-25 November. ...full story

PMG signs Ballantine’s as Title Sponsor of new US$2.6M Korean event

Parallel Media Group signs global whisky brand Ballantine’s as Title Sponsor for new European Tour-sanctioned event in Korea. PMG today announces a new tournament on the European Tour International Schedule and signs Ballantine’s to become Title Sponsor of the “Ballantine’s Championship” for an initial three year period commencing in 2008....full story

PMG signs representation agreement with “China Team” to act as their sales agent for China’s entry in the 2009 America’s Cup

Following PMG’s successful role in introducing Chivas Regal as an official sponsor of the China Team for the 2007 America’s Cup in Valencia, PMG have extended their commitment to the China Team for the 33rd America’s Cup to be held in 2009. Under the agreement PMG will receive a commission of 10 per cent. of the gross proceeds paid by sponsors to the China Team introduced by the Company ...full story

Asian Sports Marketing Spend to surge to US$18 Billion next year

Expenditure on sports marketing in Asia is forecast to surge by 20 per cent from US$15 billion this year to US$18 billion in 2008 with the Olympic Games in Beijing next year acting as a major catalyst in this explosive growth. ...Read more from sportsbusiness.com

PMG 2006 Annual Accounts Released

Commenting today David Ciclitira, Chairman, said: “2006 was a year of redevelopment and rebuilding for Parallel Media Group and I am delighted with the strong progress the Company has made since last year. PMG started 2007 with a string of significant contracts signed with Mission Hills Golf Club in China, the largest golf complex in the world, including a 12 year Title Sponsorship by Omega for the Mission Hills World Cup. PMG has also renewed sponsorship contracts for the UBS Hong Kong Open with BMW, Rolex and Emirates. The Company’s progress has resulted in a maiden profit and has laid the foundations for PMG to continue to attract business from global brands in the executive sports market. ”.... full report

New contract announced between world leading brand Omega and Mission Hills Golf Club, China

AIM quoted Parallel Media Group plc, the sports marketing, media and management company, today announces that following their appointment as exclusive worldwide commercial representative of the Mission Hills Golf Club, China in 2006,....full story

Parallel Media Group signs agreement with Oriental City Group to become Media Co-Sponsor at the TCL Classic and Partner Sponsor to the UBS Hong Kong Open

Parallel Media Group plc ("PMG"), the sports marketing, media and management company, today announces that it has signed an agreement with Oriental City Group (OCG),....full story