HWH International Provides Business Status Update
24 Janeiro 2024 - 11:10AM
HWH International Inc. (Nasdaq: HWH) (“HWH”) is pleased to offer an
update on HWH's business operations since the successful completion
of the business combination on January 9, 2024. As a public company
listed on Nasdaq, we are confident that this milestone will
significantly bolster the credibility and confidence in our
business, laying a robust foundation as we navigate towards a
prosperous year in 2024.
HWH's food and beverage division, particularly
the successful launch of the "Hapi Cafe" brand, has begun to reach
stability and is enhancing its offerings to boost sales. With Hapi
Cafe branded outlets across Asia, including Singapore, the Republic
of China (Taiwan), Hong Kong, the People's Republic of China, and
South Korea, Hapi Cafe is positioned to be an integral part of
HWH's business model. HWH, as the proud owner of Hapi Cafe stores
in Singapore and South Korea, aims to aggressively expand its
presence, fostering community connections and expanding HWH's
unique offerings.
Building on these achievements, HWH is gearing
up for the launch of membership sales. HWH will offer innovative
promotions to introduce the group’s products and services and
reward valued customers with exclusive benefits, including loyalty
discounts.
In alignment with HWH’s dedication to healthier
meal options, HWH continues to actively seek collaborations with
original equipment manufacturers for nutritious meal prep services
in other countries. Leveraging the expertise of KetoMei, an
associated company and one of the largest Keto meal prep providers
in Singapore, HWH aims to cater to the diverse preferences of its
members.
Mr. Chan Heng Fai, Executive Chairman of HWH
expressed his excitement about the future of the HWH, stating, “Our
mission under HWH has always been to introduce a lifestyle concept
that promotes health, wealth and happiness. We are excited to have
progressed this far and believe the current foundation of HWH can
act as a conduit to the upcoming launches in the coming months to
roll out exciting promotions and events ahead.”
The management team is also very excited about
the future and remains dedicated to exploring new opportunities
that align with our core values.
About HWH International
Inc.
HWH International Inc. is a purpose-driven
lifestyle company encompassing differentiated offerings from four
core pillars: HWH Marketplace, Hapi Cafe, Hapi Travel Destination
and Hapi Wealth Builder. HWH develops new pathways to help people
in their pursuit of Health, Wealth and Happiness.
For more information:
https://www.hwhintl.com/.
No Offer or Solicitation
This press release does not constitute an offer
to sell or exchange, or the solicitation of an offer to buy or
exchange, any securities, nor shall there be any sale of securities
in any jurisdiction in which such offer, sale or exchange would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
Forward-Looking Statements
This press release contains, and certain oral
statements made by representatives of HWH and its affiliates, from
time to time may contain, “forward-looking statements” within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. HWH’s actual results may differ from
expectations, estimates and projections and consequently, you
should not rely on these forward-looking statements as predictions
of future events. Words such as “expect,” “estimate,” “project,”
“budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,”
“will,” “could,” “should,” “believes,” “predicts,” “potential,”
“might” and “continues,” and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements include, without limitation, statements regarding HWH’s
continued growth and expansion and its ability to deliver value to
customers and investors, along with those other risks described
under the heading “Risk Factors” in the definitive proxy
statement/prospectus filed by HWH with the Securities and Exchange
Commission (the “SEC”) on July 31, 2023, and those that are
included in any of HWH’s future filings with the SEC. These
forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially
from expected results. Most of these factors are outside of the
control of HWH and are difficult to predict. Should one or more of
these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially
from those indicated or anticipated by such forward-looking
statements. Readers are cautioned not to place undue reliance upon
any forward-looking statements, which speak only as of the date
made. HWH undertakes no obligation to update forward-looking
statements to reflect events or circumstances after the date they
were made except as required by law or applicable regulation.
Contacts:
HWH International Inc.
HWH International Inc.4800 Montgomery Lane,
Suite 210 Bethesda, MD 20814(301) 971-3955contact@hwhint.com
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