Lifestyle and travel platform company Ten Lifestyle Group PLC said on Friday it has won a contract with Bank of Singapore parent OCBC Bank to provide concierge services to its high net worth clients.
Under the contract, Ten Lifestyle will provide OCBC Bank members with a premium travel and lifestyle concierge service, with access to unique offers, benefits and localised events.
The contract is expected to be a "medium" contract, whereby the annual value of net revenue to Ten Lifestyle is between GBP250,000 and GBP2.0 million.
"We are incredibly honoured to have been chosen as a key partner for such a powerhouse of a bank here in Singapore, and the Southeast Asian market. Singapore is known for its exceptional customer service and we are excited to bring our unique digital platform and in-depth knowledge of the market to the OCBC Bank`s Voyage card base," said Chief Operating Officer Andrew Long.
Shares in Ten Lifestyle Group were up 5.1% at 159.80 pence on Friday.
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