HWH International Inc. Provides Updates on Travel Joint Venture

Core Insights - HWH International Inc. has established a joint venture in its Hapi Travel business, holding a 19% interest, aimed at expanding its travel operations in China and the ASEAN region [1][2] Group 1: Joint Venture and Operations - The joint venture, HapiTravel Holding Pte. Ltd., is a wholly owned foreign enterprise in Singapore, focusing on education tours, conference tour packages, and a B2B hotel booking system [2] - The joint venture and its predecessors have generated over US$18 million in revenue during the first three quarters of 2024 [3] - Hapi Travel has successfully launched its educational tour business in Hong Kong and plans to establish subsidiaries in Singapore and Malaysia to meet growing travel demand [3] Group 2: Company Vision and Mission - The company emphasizes its mission to promote health, wealth, and happiness, which is central to its operations [4] - HWH International Inc. operates under four core pillars: Hapi Marketplace, Hapi Cafe, Hapi Travel, and Hapi Wealth Builder, aiming to create differentiated offerings [4]