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)

Oct 1, 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

8th Floor Chatham House, 116 Valero St., Postal Code -

8. Issuer's telephone number, including area code

88443819

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

N/A

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 Shares	300,000,000

11. Indicate the item numbers reported herein

No. 9 Other Events

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 4-2 - Acquisition/Disposition of Shares of Another Corporation
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Acquisition of shares of Concrete Stone Corp. (CSC)
Background/Description of the Disclosure
On September 2, 2025, the Board of Directors of Asiabest Group International (the Corporation) approved that the Corporation shall subscribe to ten million primary common shares of CSC at a discounted price of ¿15.00 per share, for an aggregate subscription price of One Hundred Fifty Million Philippine Pesos (¿150,000,000.00),

Date of Approval by Board of Directors	Sep 2, 2025

Rationale for the transaction including the benefits which are expected to be accrued to the Issuer as a result of the transaction
The subscription of shares intends to provide working capital to CSC and is in line with the Corporation’s plan to fold in CSC as its subsidiary, subject to definitive documentation and applicable regulatory approvals.

Details of the acquisition or disposition

Date	Sep 29, 2025

Manner
The manner of acquisition is through subscription of primary shares.
Description of the company to be acquired or sold
CSC was established in 2018 and is a subsidiary of Industry Holding and Development Crp. (IHDC). It is one of the largest suppliers of construction materials in the Philippines. It’s core products include Precast, Aggregates, and Prefabricated Concrete Modular Products (PCMS) as its latest innovation. It is present in 10 locations across Luzon, Visayas and Mindanao. ABG subscribed 10m shares from CSC.

The terms and conditions of the transaction

Number of shares to be acquired or disposed	10,000,000
Percentage to the total outstanding shares of the company subject of the transaction	1.85
Price per share	15.00

Nature and amount of consideration given or received
The ten million (10,000,000) primary shares of Concrete Stone Corp (CSC) were acquired at a discounted price of Fifteen Pesos (P15.00) per share, for an aggregate subscription price of One Hundred Fifty Million Pesos (Php150,000,000.00).
Principle followed in determining the amount of consideration
The price is based on initial valuation based on growth plans using DCF method which was done internally and approved by the Management, subject to independent appraisal of CSC, and will be adjusted when necessary. This is in preparation for the fold-in of CSC, along with other business unit to ABG.
Terms of payment
The payment of the shares had been fully paid upon signing of the Subscription Agreement on September 29,2025. The issuance of Stock Certificate has also been made on the same date.
Conditions precedent to closing of the transaction, if any
None.
Any other salient terms
None.

Identity of the person(s) from whom the shares were acquired or to whom they were sold

Name	Nature of any material relationship with the Issuer, their directors/ officers, or any of their affiliates
Concrete Stone Corp.	Francis Lloyd Chua is an interlocking shareholder and director of CSC and ABG

Effect(s) on the business, financial condition and operations of the Issuer, if any
The initial investment of Php150 Million, representing 1.8% ownership in CSC will not have any business, financial and/or operation effects on ABG but will serve as a strategic prelude to ABG plan of acquisition of CSC through a share swap transaction.
Other Relevant Information
N/A