SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Jan 31, 2025

2. SEC Identification Number

42543

3. BIR Tax Identification No.

000-196-724

4. Exact name of issuer as specified in its charter

ASIABEST GROUP INTERNATIONAL INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

8F Chatham House, 116 Valero St. Salcedo VIllage Makati City Postal Code -

8. Issuer's telephone number, including area code

(632) 88443819

9. Former name or former address, if changed since last report

-

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock, P1.00 par value	300,000,000

11. Indicate the item numbers reported herein

Item 9: Other items

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Asiabest Group International Inc.ABG

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Disclosure on the publication made in relation to the intention of Premiumlands Corp. and Industrial Holdings and Development Corporation to conduct a tender offer
Background/Description of the Disclosure
Relative to the Share Purchase Agreement entered into by and between Tiger Resort Asia Limited (TRAL) and Premiumlands Corp.(PLC) subject of our disclosure dated December 6, 2024, we were informed today, January 31, 2025, that a publication was made in relation to the intention of PLC and Industrial Holdings and Development Corporation (IHDC) to conduct a tender offer for up to 100,000,000 common shares constituting 33.33% of the outstanding common capital stock of the Corporation at the tender offer price of Php2.552 per share. The tender offer shall commence on March 10, 2025 and end on April 7, 2025.
Other Relevant Information
n/a