Regional events, media and publishing company Lighthouse Independent Media has closed down its Kuala Lumpur office after six years.
The decision was made after the Malaysian office started to adversely affect the other profitable and fast growing parts of the business in Singapore and Hong Kong, being heavily dependent on the print and online businesses and with a leadership that was unable to arrest the losses.
Lighthouse's Malaysian brands Advertising + Marketing and Human Resources Malaysia will now be managed by the Singapore office.