FilingReader Intelligence

ZIGExN subsidiary Apple World acquires Quantum Reservation, expands Southeast Asia presence

December 17, 2025 at 06:40 AM UTCBy FilingReader AI

ZIGExN Co., Ltd. announced today that its consolidated subsidiary, Apple World Inc., will acquire all shares of Quantum Reservation Pte. Ltd., a Singapore-based hotel wholesale business, making it a wholly owned subsidiary. The acquisition, resolved on December 17, 2025, aims to enhance Apple World's profitability and reduce sourcing costs for Southeast Asian hotels through direct procurement via Quantum. This move is also intended to accelerate Apple World's global expansion by leveraging Quantum's overseas presence for hotel development and customer base growth in Southeast Asia.

Quantum Reservation operates primarily in Southeast Asia, maintaining direct contracts with hotels and serving a customer base of travel agencies. The total estimated acquisition cost is SGD 305,700, with the share transfer scheduled for December 30, 2025. This transaction aligns with ZIGExN's strategy of mergers and acquisitions, having completed 34 such transactions since its founding.

According to Japan's Immigration Services Agency, Japanese departures in September 2025 were approximately 1.39 million, a 15.0% increase year-on-year, indicating a gradual recovery in overseas travel demand with significant room for future expansion. ZIGExN anticipates continued growth through both organic and inorganic means.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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