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International Entertainment Corporation to Hold EGM on 26 February 2026 for Proposed Convertible Notes Issuance
DigiPlus Interactive Corp., named as one of the Fortune Southeast Asia 500, together with its subsidiaries, is an innovative digital entertainment group in the Philippines and is a leader in the casinos and gaming industry. On 17 November 2025, the Company entered into the Subscription Agreement with the Subscriber, pursuant to which the Company conditionally agreed to issue and the Subscriber conditionally agreed to subscribe for the Notes in two tranches with a maturity of five years and an interest rate of 3% per annum.
Upon full conversion of the Notes at the initial Conversion Price, a total of 1,600,000,000 Shares will be issued by the Company, representing approximately 53.89% of the issued share capital of the Company as enlarged by the issue and allotment of the Conversion Shares. As such, the Subscriber will be obliged to make a mandatory general offer pursuant to Rule 26.1 of the Takeovers Code, unless the Whitewash Waiver is granted and approved.
The initial Conversion Price of HK$1.00 per Conversion Share represents a discount of approximately 3.85% to the closing price of HK$1.04 per Share as quoted on the Stock Exchange on the Latest Practicable Date (6 February 2026).
The board of Directors (the “Board“) believes that the Subscription would be beneficial to improving and strengthening the Group’s liquidity and financial position on a longer-term basis. In the event that the Subscriber converts part or the full amount of the Notes into the Conversion Shares, it will also broaden the shareholder and capital base of the Company. The Group intends to apply part of the net proceeds raised from the issuance of the Notes of approximately HK$489.22 million for the early repayment of the Promissory Notes and interest accrued thereon (the “PN Repayment“), and approximately HK$392.39 million to early repay the Secured Bank Borrowing to achieve immediate interest savings.
The remaining net proceeds will primarily be used for funding the Investment Commitment and attractive investment/business opportunity(ies); and as general working capital of the Group. The Investment Commitment is currently expected to include capital investments for acquisition of land for the expansion of the Group’s integrated resort in Manila City in the Philippines (the ”Hotel”) and the construction of additional hotel rooms, for provision of other amenities of the integrated resort, and for ongoing upgrades, refurbishments and renovations to the facilities and infrastructures of both the Hotel and the Group’s existing casino (the “Casino“).
The Independent Board Committee, which comprises all the independent non-executive Directors, is of the opinion that (i) the terms of the Subscription Agreement are on normal commercial terms, and the terms of the Subscription, the Whitewash Waiver and the Special Deal (the PN Repayment to the PN Holder) are fair and reasonable so far as the Independent Shareholders are concerned; and (ii) the Subscription, the Whitewash Waiver and the Special Deal are in the interests of the Company and the Shareholders as a whole and as far as the Independent Shareholders are concerned. It, therefore, recommends the Independent Shareholders to vote in favour of the relevant resolution(s) to be proposed at the EGM.
Hashtag: #InternationalEntertainmentCorporation
The issuer is solely responsible for the content of this announcement.
About International Entertainment Corporation (HKEX: 1009)
International Entertainment Corporation is an investment holding company. The Company and its subsidiaries are principally involved in hotel operations, operating the gaming business under provisional licence and leasing of gaming venues at the hotel complex of the Group in Metro Manila in the Republic of the Philippines to a tenant for authorized gaming operation and live poker events in Macau.
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Asia Coach Group Partners with Veteran Business Consultant Rick Tam to Launch “Business Breakthrough” Programme for Hong Kong SMEs
Challenging Business Environment Demands New Solutions
Hong Kong’s SMEs are facing unprecedented operational pressures. According to a survey by CPA Australia, 37% of small businesses in Hong Kong struggle to obtain external financing. Data from Airwallex further reveals that 96% of SMEs have experienced cash flow difficulties in the past year. With property asset values declining, banks’ insistence on property collateral for loans has left many enterprises in financial distress.
Responding to Market Needs with Systematic Business Upgrade Solutions
“Hong Kong has never lacked capital—what’s missing is the mechanism to connect businesses with it,” Rick Tam noted. The programme addresses common pain points faced by local SMEs, including declining profits, low business valuations, tight cash flow, and recruitment challenges. Built upon the four-pillar framework of “Commerce, Strategy, Breakthrough, and Structure,” the curriculum covers stabilising cash flow and enhancing financial flexibility, repositioning businesses and improving client quality, reshaping product value and expanding profit margins, as well as systematising operations and attracting investors. The programme commits to helping participants improve cash flow, increase business value, and strengthen their business models within 90 days.
Four Practical Tools for Immediate Application
Participants will acquire four core tools: the “Cash Flow Vortex System” for rapid assessment of financial status and establishing safety buffers; the “A.T.C. Client Leverage Ladder” for repositioning and enhancing client value; the “High-Value Breakthrough Method” for creating products with greater value and trust; and the “Marketing Triangle Matrix” for integrating human resources, client bases, and operational systems to plan business expansion. The programme adopts a six-step progressive model—from restructuring business models, improving profit margins, attracting capital injection, building high-performance teams, and systematising operations, to ultimately helping business owners reclaim their time and freedom.
Instructor Credentials
Programme instructor Rick Tam is a graduate of the University of Hong Kong’s Business School and currently serves as CEO of two family offices and chief consultant to several others. He holds the CFPCM Certified Financial Planner designation. Tam has founded more than nine brands spanning wealth management, securities, and food and beverage sectors, and has guided over 1,000 participants through business expansion.
As Hong Kong’s economy seeks transformation, channelling capital precisely into the real economy through the “Business Breakthrough” approach offers more than a lifeline for SMEs—it injects vital momentum into Hong Kong’s long-term economic development.
Hashtag: #RickTam #AsiaCoach
The issuer is solely responsible for the content of this announcement.
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Zuellig Pharma Strengthens Consumer Healthcare Portfolio with the Acquisition of Zam-Buk® and Vapex® Brands from Bayer
Zam-Buk® is an ointment used for the temporary relief of pain and itch, including discomfort from insect bites. First launched in 1902, Zam-Buk® has retained strong brand equity over the decades and is widely perceived as a trusted household brand. Vapex® is a nasal inhaler used to help relieve nasal congestion. Launched in 1917, Vapex® has built meaningful brand recognition, particularly in Thailand.
The acquisition of the brands supports Zuellig Pharma’s strategic priority to strengthen and scale its consumer healthcare portfolio across Asia. It also marks the company’s second consumer healthcare acquisition, following Propan in the Philippines, reinforcing its focus on building a strong commercial platform for trusted, everyday healthcare products in the region.
Hashtag: #ZuelligPharma #ConsumerHealthcare #ConsumerHealth #Healthcare #Pharmaceuticals #Zambuk #Vapex #Bayer
https://www.zuelligpharma.com/
https://www.linkedin.com/company/zuellig-pharma
The issuer is solely responsible for the content of this announcement.
About Zuellig Pharma
Zuellig Pharma is a leading healthcare solutions company in Asia, and our purpose is to make healthcare more accessible to the communities we serve. We provide world-class distribution, commercialization, and clinical trial support services, underpinned by a strong culture of innovation to support the growing healthcare needs in this region. The company was founded a hundred years ago and has grown to become a multibillion-dollar business covering 18 markets with over 12,000 employees. Our people serve more than 200,000 medical facilities and work with over 450 clients, including the top 20 pharmaceutical companies in the world.
The first property, Māua Kapal Kecil by Swiss-Belhotel, will offer an intimate eco-luxury experience in Batam, featuring villas with private pools and suites, several of which boast balconies and direct access to the pool. A key highlight is its Wellness Centre, equipped with thalasso therapy, which offers a rare and premium wellness experience in the region.
The second project, located in Nirup Island, Batam, will present a refined villa-style escape designed for families, groups, and long-stay guests. The property will comprise villas, available in two, three, and four-bedroom types, all equipped with private pools, thereby reinforcing the resort’s positioning as a luxury enclave within the Riau Islands.
Mr Hartono, Owner of Māua Kapal Kecil by Swiss-Belhotel and Villa Riahi by Swiss-Belhotel, expressed strong confidence in this partnership, “We are pleased to collaborate with Swiss-Belhotel International in bringing these developments to life. Their operational expertise and commitment to delivering high-quality guest experiences give us full confidence that both Māua Kapal Kecil and Villa Riahi will set new benchmarks for luxury hospitality in Batam. We believe these properties will contribute significantly to the region’s tourism growth and provide exceptional value for guests seeking exclusivity, comfort, and nature-inspired experiences in the wider Riau Islands as they continue to evolve into leading regional tourism hubs.”
Gavin M. Faull, Chairman and President, emphasized the significance of the company’s continued growth in Indonesia. “These new signings reflect our ongoing commitment to expanding Swiss-Belhotel International’s presence in key island destinations. Batam’s rising potential as a luxury getaway aligns perfectly with our vision to deliver world-class hospitality experiences that unite sustainability, comfort, and authentic local charm. We are proud to further strengthen our portfolio in Indonesia, one of our most important and fastest-growing markets.”
Matthew Faull, Executive Director and Senior Vice President of Information Technology, E-commerce and Distribution, highlighted the momentum of the group’s development pipeline across the country: “Indonesia remains a central pillar of our development strategy, and the addition of these two exceptional properties demonstrates the strong confidence of owners in our brands. The progress we are making—from eco-luxury concepts like Māua to premium villa destinations such as Villa Riahi—marks an exciting phase of our growth in this region.”
The addition of Māua Kapal Kecil and Villa Riahi by Swiss-Belhotel highlights the group’s strategy to enhance Batam’s appeal as a premier luxury island destination, supporting Indonesia’s tourism growth.
Māua by Swiss-Belhotel is a 5-star eco-luxury hospitality brand inspired by the ancestral wisdom of Māori culture, rooted in the values of whenua (respect for the land), mauri (life force), and kotahitanga (togetherness). Meaning “togetherness” in Te Reo Māori, Māua represents a philosophy of harmony between people and nature, guiding the brand’s approach to sustainable design, wellness-led experiences, and conscious luxury living. This ethos is symbolised by the andesite stone carving at the Faull family’s heritage farm in New Zealand, reflecting a deep, personal connection to the land and a commitment to preserving balance, authenticity, and meaningful human connection across every Māua destination.
SBEC Loyalty Programme: Enjoy 10%-35% OFF on Rooms, Dining and other services at 150+ hotels globally by becoming an SBEC loyalty member. Sign up for FREE.
Hashtag: #SwissBelhotelInternational #luxuryresort #islandresort #islandluxuryresort #islandtourism #batamtourism
https://www.swiss-belhotel.com/
https://www.linkedin.com/company/swiss-belhotel-international
https://www.facebook.com/swissbelhotel
https://www.instagram.com/swissbelhotel
The issuer is solely responsible for the content of this announcement.
About Swiss-Belhotel International
Swiss-Belhotel International operates in 20 countries, managing 150+* hotels, resorts, and projects across New Zealand, Australia, Indonesia, Asia, the Middle East, Africa, and Europe, with regional offices in Hong Kong, New Zealand, Australia, China, Indonesia, the UAE, the Philippines, Vietnam, Malaysia, and Thailand. Committed to delivering world-class hospitality, the group also offers the Swiss-Belexecutive Card (SBEC), a loyalty program that provides many benefits, discounts from 10% to 35% on rooms, dining, and other services, plus priority check-in, complimentary upgrades, and late check-out. No collecting points and no waiting for redemption, with the free-to-join Green Global tier, members can enjoy instant discounts from their first stay!. Experience more with the SBEC Loyalty Programme—Sign up for FREE. Stay connected with us on Facebook, LinkedIn, Instagram, and 
TikTok for the latest updates and exclusive benefits. Visit swiss-belhotel.com for more information.
*Numbers may fluctuate
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