A number of event companies do not have their own equipment and hire them on rent from the suppliers and the cost ultimately is passed on you. It can be one-time expenditure for the event company but many companies do not purchase for some reasons. If the event company Singapore has its own equipment, it will not affect your budget much.
Moreover, the event company will know how its equipment is working and they can rely on them. M.I.C.E. has its own equipment so the cost of hiring the equipment externally will not affect you.