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HWH International Inc. Completes Sale of Majority Stake in Alset F&B One
HWH
M&A
- HWH International Inc. (HWH), through its subsidiary, completed the sale of a 70% equity stake in Alset F&B One Pte. Ltd. for approximately $170,754 U.S. Dollars on September 10, 2025.
- Alset F&B One, which operates a cafe in Singapore, generated approximately $470,000 U.S. Dollars in revenue in 2024.
- Following the transaction, HWH's subsidiary will retain a 20% ownership in Alset F&B One. The buyer, Alset International Limited, is a significant stockholder of HWH, with shared board members and executives.
Sep 16, 2025, 8:42 PM
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