New Risk • May 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₱8.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₱8.0m free cash flow). Revenue is less than US$1m. New Risk • Jan 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 8.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.4% average weekly change). Market cap is less than US$100m (₱5.11b market cap, or US$86.1m). New Risk • Dec 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₱5.71b (US$97.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₱5.71b market cap, or US$97.1m). Board Change • Oct 28
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. No experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Director Alfredo Comendador is the most experienced director on the board, commencing their role in 2025. Independent Director Rus Kristoffer Parcia was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Duyuru • Sep 03
Asiabest Group International Inc., Annual General Meeting, Nov 05, 2025 Asiabest Group International Inc., Annual General Meeting, Nov 05, 2025, at 15:00 W. Australia Standard Time. Location: tba, Philippines Board Change • Aug 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Vice Chairman & Lead Independent Director Mark Jorel Calida was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Aug 08
Premium Lands Corp. completed the acquisition of 66.60% stake in Asiabest Group International Inc. (PSE:ABG) from Tiger Resort Asia Limited. Premium Lands Corp. agreed to acquire 66.60% stake in Asiabest Group International Inc. (PSE:ABG) from Tiger Resort Asia Limited for Approximately PHP 510 million on December 5, 2024. A cash consideration of PHP 510.4 million will be paid by Premium Lands Corp. As part of consideration, PHP 510.4 million is paid towards common equity of Asiabest Group International Inc. The expected completion of the transaction is End of February 2025. As of December 9, 2024, Premium Lands Corp. will pay PHP 2.55 for each share of Asiabest Group International Inc. (PSE:ABG). The transaction is expected to close in April 2025. As of April 7, 2025, the expected closing of the transaction has been changed to end of May 2025. As of May 30, 2025, the expected closing of the transaction has been changed to end of June 2025.
Premium Lands Corp. completed the acquisition of 66.60% stake in Asiabest Group International Inc. (PSE:ABG) from Tiger Resort Asia Limited on August 8, 2025. Duyuru • May 12
Asiabest Group International Inc., Annual General Meeting, May 09, 2024 Asiabest Group International Inc., Annual General Meeting, May 09, 2024, at 15:00 W. Australia Standard Time. Location: okada manila hotel, Philippines New Risk • Mar 30
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (16% average weekly change). Minor Risk Market cap is less than US$100m (₱1.34b market cap, or US$23.8m). New Risk • Mar 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₱1.26b market cap, or US$22.8m). Duyuru • Jul 14
Asiabest Group International Inc. Approves Appointment Asiabest Group International Inc. announced that at Annual Stockholders' Meeting the company approved Byron Yip and Joemer C. Perez as directors. Duyuru • Jun 02
Asiabest Group International Inc. Approves Election of Mr. Kentaro Amamoto as Director Effective May 16, 2023 Asiabest Group International Inc. announced that on May 16, 2023, the Board of Directors approved the nomination and election of Mr. Kentaro Amamoto as one of the new directors of the Company to fill up one of the vacancies in the Board of Directors. Below is the profile of Mr. Amamoto. Mr. Amamoto graduated from Loyola University Chicago in Illinois, United States of America and obtained his Masteral Degree in Business Administration at Alliance Manchester Business School (The University of Manchester) in Manchester, United Kingdom. He worked in Softbank Corporation and its affiliate companies from 2004 to 2015. Mr. Amamoto joined Universal Entertainment Corp. (UEC) in 2015 and started working for its subsidiary, Tiger Resort, Leisure and Entertainment Inc. (Okada Manila) in 2016. Mr. Amamoto is currently the Vice President - Corporate Planning. Duyuru • May 19
Asiabest Group International Inc. Appoints Kentaro Amamoto as Director The Board of Directors of Asiabest Group International Inc. has approved the nomination and election of Mr. Kentaro Amamoto as one of the new directors of the Company to fill up one of the vacancies in the Board of Directors.Mr. Amamoto graduated from Loyola University Chicago in Illinois, United States of America and obtained his Masteral Degree in Business Administration at Alliance Manchester Business School (The University of Manchester) in Manchester, United Kingdom. He worked in Softbank Corporation and its affiliate companies from 2004 to 2015. Mr. Amamoto joined Universal Entertainment Corp. (UEC) in 2015 and started working for its subsidiary, Tiger Resort, Leisure and Entertainment Inc. (Okada Manila) in 2016. Mr. Amamoto is currently the Vice President - Corporate Planning. Duyuru • Nov 17
Asiabest Group International Inc., Annual General Meeting, Feb 22, 2023 Asiabest Group International Inc., Annual General Meeting, Feb 22, 2023, at 10:00 Singapore Standard Time. Location: Okada Manila Philippines Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Director Hajime Tokuda was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Duyuru • Jul 26
Asiabest Group International Inc. Announces Resignation of Wilfrido E. Sanchez as Independent Director Asiabest Group International Inc. informed the Exchange that Atty. Wilfrido E. Sanchez has resigned as an Independent Director due to his advance age and health conditions, effective from July 25, 2022. Duyuru • Jun 04
Asiabest Group International Inc. Announces the Resignation of Alfredo E. Pascual Has Resigned as an Independent Director Asiabest Group International Inc. inform the Exchange that Mr. Alfredo E. Pascual has resigned as an Independent Director. The reason for Mr. Pascual's resignation is due to his recent nomination as the Secretary of the Department of Trade and Industry under the Administration of President-elect Ferdinand R. Marcos, Jr. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Independent Vice Chairman Wilfrido Sanchez was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Is New 90 Day High Low • Feb 20
New 90-day low: ₱7.90 The company is down 16% from its price of ₱9.40 on 20 November 2020. The Filipino market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 47% over the same period. Is New 90 Day High Low • Dec 22
New 90-day high: ₱10.50 The company is up 30% from its price of ₱8.07 on 24 September 2020. The Filipino market is up 23% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 48% over the same period. Is New 90 Day High Low • Nov 19
New 90-day high: ₱8.93 The company is up 14% from its price of ₱7.82 on 20 August 2020. The Filipino market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 33% over the same period. Is New 90 Day High Low • Oct 28
New 90-day high: ₱8.80 The company is up 12% from its price of ₱7.88 on 30 July 2020. The Filipino market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 32% over the same period. Is New 90 Day High Low • Oct 05
New 90-day low: ₱7.30 The company is down 12% from its price of ₱8.28 on 07 July 2020. The Filipino market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 20% over the same period. 