The first edition of ART SG—the Singapore-based art fair originally spearheaded by Tim Etchells; Sandy Angus, the owner of Angus Montgomery Arts; and the Swiss company and Art Basel parent, the MCH Group—has been postponed. Slated to open in the fall, the fair will now take place in October 2020.

Shortly after organizers announced plans to launch ART SG, the MCH Group pulled its support from the event as part of a strategic move that involved divesting from regional art fairs in order to focus more on Art Basel, its subsidiaries in Hong Kong and Miami Beach, and Masterpiece London. Since then, Magnus Renfrew, co-owner and director of the Taipei Dangdai—which held its inaugural fair earlier this year—and his company, the ARTHQ Group, has agreed to back ART SG.

According to Renfrew, the fair received numerous requests from galleries and other participants for more time to get ready for the event. “Having consulted extensively over the past eight weeks, the consensus amongst interested potential-exhibitors is that, despite their strong belief in Singapore and the Southeast Asia market, they would benefit from more time to prepare. In response to this, and in the interests of presenting the best possible line up of galleries for the inaugural edition of the fair, the organizers have decided to reschedule the first edition of ART SG.”