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HWH International Entered Into Joint Venture To Build Its travel Business In Asia; To Be Known As HapiTravel Holdings

Author: Benzinga Newsdesk | April 26, 2024 09:17am

The joint venture company (referred to here as the "JVC") will be known as HapiTravel Holding Pte. Ltd. The JVC will be initially owned as follows: (a) HWHPL will hold 19% of the shares in the JVC; (b) Mr. Chan will hold 11%; and (c) the remaining 70% of the shares in the JVC are to be held by Mr. Chen. By forging strategic alliances, the JVC will aim to expand its market presence, tapping into new geographical regions and niche hospitality segments.

Posted In: HWH


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