HWH International Inc. Enters Into a Joint Venture to Build Its Travel Business in Asia
HWH International Inc. Enters Into a Joint Venture to Build Its Travel Business in Asia
Bethesda, MD, April 26, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. ("HWH") (Nasdaq: HWH) announced today that it has entered into a joint venture through its subsidiary Health Wealth Happiness Pte Ltd. ("HWHPL"), with Mr. Chen Ziping ("Mr. Chen"), an experienced entrepreneur in the travel industry, and Mr. Chan Heng Fai Ambrose, HWH's Executive Chairman ("Mr. Chan"). This new joint venture is part of HWH's strategy of building its travel business in Asia.
馬里蘭州貝塞斯達，2024年4月26日（GLOBE NEWSWIRE）——HWH International Inc.（“HWH”）（納斯達克股票代碼：HWH）今天宣佈，它已通過其子公司Health Wealth Happiness Pte Ltd.（“HWHL”）與旅遊行業經驗豐富的企業家陳子平先生（“陳先生”）和HWH的陳恒輝安布羅斯先生成立合資企業執行主席（“陳先生”）。這家新的合資企業是HWH在亞洲建立旅遊業務的戰略的一部分。
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.
合資公司（此處稱爲 “JVC”）將被命名爲HapiTravel Holding Pte。有限公司。合資企業最初將按以下方式持有：(a) HWHPL將持有合資公司19％的股份；（b）陳先生將持有11％的股份；（c）合資公司剩餘的70％股份將由陳先生持有。通過建立戰略聯盟，JVC的目標是擴大其市場佔有率，開拓新的地理區域和利基酒店細分市場。
By partnering with Mr. Chen, the Group will be able to leverage his expertise in the travel industry within China.
通過與陳先生合作，集團將能夠利用他在中國旅遊業的專業知識。
譯文內容由第三人軟體翻譯。