Firm Spy is reporting this morning that a AAR source has revealed to them that the firm intends to close their Bangkok & Phnom Penh offices by the end of the year…
This is what they say….
Two things from AAR. They will be closing their Phnom Penh and Bangkok offices later this year. Both will close for new business by late November and will be closed completely by the 31st of December
?
And while we are on the subject of FirmSpy and Australian firms it’s worth mentioning that they are also reporting on a merger involving Kemp Strang & Sparke Helmore
Here’s what they say
Rumour continues to circulate around the office at Kemp Strang that an announcement is expected this month in relation to a merger with Sparke Helmore. It is common knowledge that the KS board has met with that of SH on a number of occasions. Further, a number of key equity partners are said to be leaving at years end and there are reports the partners are at odds over merge. Despite the partners acknowledging they are aware of the merger ?rumour? via a poorly drafted email to staff – it is clear all is not well at KS.
http://firmspy.com/sparke-helmore/3594/sparke-strang-sparke-helmore-and-kemp-strang-set-to-merge