SECURITIES AND EXCHANGE COMMISSIONSEC FORM 19-1

TENDER OFFER REPORT

Check the appropriate box:

Initial Filing

Amendment

Amendment No. 1- Final Tender Offer Report

Item/s amended by the Filing ITems 1,3,4,6 and Exhibits F,G, and H

1. Exact Name of Subject Company as Specified in its Charter

ASIABEST GROUP INTERNATIONAL INC.

a. Address of Principal Offices

8th Floor Chatham House, 116 Valero Street corner Rufino Sts., Salcedo Village, Makati City Postal Code 1227

b. SEC Identification Number

42543

c. Industry Classification Code(SEC Use Only)

d. BIR Tax Identification No.

000-196-724

2. Name of Bidder

Premiumlands Corp. (PLC) and Industry Holdings and Development Corp. (IHDC)

a. Address of Bidder

Purok 8, Barangay Linao, Ormoc City and 1423 The Mondrian Bldg., Sr. Ext. San Antonio Village, Makati City Postal Code 6540

3. Title or Class of Securities Subject to Tender Offer

Common Shares

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 17-16 - Tender Offer Report Reference: SRC Rule 19

Basic Terms and Conditions

Tender Offer Shares	Common
Tender Offer Price/Consideration	100,000,000 /Php2.552 per share
Entitlement	Every registered owner of the Tender Offer Shares as of any date during the Tender Offer Period is entitled to tender for sale his/her/its Tender Offer Shares to the Bidders in accordance with these Terms of the Tender Offer and the Tender Offer Report (such common shares tendered being hereafter referred to as the Tender Shares).
Start of Tender Offer Period	Apr 14, 2025
End of Tender Offer Period	May 16, 2025
Closing Date	May 16, 2025
Cross Date	TBA
Settlement Date	May 30, 2025
Contact Details for Inquiries on Tender Offer	BDO Securities Corporation 45/F BDO Corporate Center Ortigas ADB Avenue, Mandaluyong City Name: Anabelle Bravo Email: [email protected] Phone: 8840.7000 Local 51299 10 Name: Pauline Cardenas Email: [email protected] Phone: 8840.7000 Local 57422

Results of Tender Offer

During the Tender Offer Period, a total of 78,302 common shares or approximately 0.026% of ABG’s issued and outstanding common stock were tendered and accepted by the Bidders. The accepted Tender Offer Shares are intended to be crossed through the PSE on 28 May 2025 subject to the lifting of the trading suspension on ABG shares. Notwithstanding the foregoing, the tendered shares will be purchased and paid for by the Bidders at the Tender Offer Price, or a total consideration of One Hundred Ninety-nine Thousand Eight Hundred Twenty-six Pesos and Seventy Centavos (Php199,826.70). The payment and settlement of the tendered shares will be no later than 30 May 2025. After the completion of the Tender Offer and the purchase of the Sale Shares, the Bidders will own approximately 66.696% of ABG’s total issued and outstanding capital stock. A certification issued by BDO Securities Corporation, the Tender Offer Agent, certifying to the results of the Tender Offer is attached and made an integral part hereof as Exhibit H.

Other Relevant Information
The disclosure has been amended to include the results of the tender offer. As agreed to by the Tender Offer Agent, the Bidders will cross the tendered shares upon lifting of the trading suspension. Nonetheless, the tendering shareholders shall receive the payment by May 30, 2025. Please see attached.