BANGKOK, THAILAND – Media OutReach Newswire – 13 May 2026 – LGT continues to strengthen its leadership team in Thailand with the appointment of Anchalee Bunsongsikul as Chief Executive Officer of LGT Securities (Thailand) Limited (“LGT Thailand”). This senior management hire underlines the strategic importance of Thailand for LGT and reflects the firm’s commitment to further expanding its presence in the market.
Anchalee Bunsongsikul
With over three decades of leadership experience in international banking, including most recently as President and Chief Executive Officer, Thailand and Representative Offices for Standard Chartered Bank, Anchalee Bunsongsikul will further strengthen LGT’s senior management bench in Thailand. She brings extensive experience in corporate banking, financial markets and client coverage, as well as a deep understanding of the local client landscape.
Commenting on the appointment, Dr. Henri Leimer, Chief Executive Officer, LGT Private Banking Asia Pacific, said: “Thailand is an important market for us, one where we have built a strong market position through a consistent, relationship-led approach focused on serving Thai families and entrepreneurs.” Karn Karuhadej, Managing Director and Senior Market Adviser, added: “Anchalee brings extensive leadership experience, strong client relationships and deep market knowledge that will further strengthen our franchise in Thailand. We look forward to welcoming her to our team and working together to further develop our business in the region.”
The appointment will take effect on 15 May 2026. Upon joining LGT Thailand, Anchalee Bunsongsikul will also become a member of the Executive Board Asia Pacific of LGT Private Banking.
LGT has deep roots in Asia. Since opening its first representative office in Hong Kong in 1986, LGT has grown into a competitive regional private bank and wealth manager. In 2019, LGT launched its wealth management business in Thailand. Today, the Bangkok office comprises a strong team of experienced relationship managers and investment consultants who provide investment and wealth management services to Thai clients, complementing LGT’s private banking operations in Hong Kong and Singapore.
Across Asia Pacific, LGT has a presence in Hong Kong, Singapore, Thailand, Japan, Australia, India and the Middle East, and employs around 1800 people in the region. In 2025, LGT ranked as the sixth1 largest private bank in the region, with USD 164 billion in assets under management as of the end of 2025.
The issuer is solely responsible for the content of this announcement.
LGT in brief
LGT is a leading international private banking and asset management group that has been fully controlled by the Liechtenstein Princely Family for over 90 years. As at 31 December 2025, LGT managed assets of CHF 386.1 billion (USD 487.3 billion) for wealthy private individuals and institutional clients. LGT employs 6000 people who work out of more than 40 locations in Europe, Asia, the Americas, Australia and the Middle East. www.lgt.com.
Hong Kong theatre IP “The Big Big Day” anchors the next phase of fan participation and entertainment asset tokenization, with qualifying projects potential exceeding HK$2 billion in scale
HONG KONG SAR – Media OutReach Newswire – 13 May 2026 – Esperanza Fintech (Securities) Limited (“Esperanza” or the “Company“) is pleased to announce that a tokenized fund managed by the Company has participated in co-presenting The Big Big Day (《大龍鳳》), a Hong Kong theatre IP project produced by One Cool Stage Limited (“One Cool Stage“), a subsidiary of One Cool Group Limited. A cooperation arrangement to this effect has been signed by both parties. The collaboration marks a further extension of Esperanza’s regulated fintech solutions — building on its earlier tokenized live-entertainment offerings — into Hong Kong theatre, cultural IP, and fan-engagement scenarios, as the Company continues to explore the commercial value and applications of cultural and entertainment assets under new financing models.
One Cool Group Limited is one of Hong Kong’s most recognizable integrated film and entertainment enterprises, with operations spanning film, television, production, post-production, artist management, and related entertainment services. The partnership with One Cool Stage not only reflects Esperanza’s continued expansion of tokenization use cases for cultural and entertainment assets, but also showcases the broader development potential of high-quality Hong Kong content and IP under new financing frameworks.
As a Hong Kong-based fintech and real-world asset (RWA) tokenization platform serving the Asia-Pacific market, Esperanza is committed to operating within a regulated framework to connect quality assets, professional investors, content owners, project operators, and fan communities — building more transparent, participative, and scalable financial infrastructure for cultural and entertainment projects.
Mr. Ronald Leung, Group Chief Executive Officer and Chief Legal Officer of Esperanza, said:
“The Big Big Day project is more than a single theatre collaboration — it represents another important milestone in Esperanza’s work to bring tokenized capital solutions to Hong Kong’s cultural and entertainment assets. Hong Kong has long stood at the intersection of Asian culture, creativity, and capital. We see this city as the ideal starting point for combining high-quality local content with next-generation fintech infrastructure, and for forging deeper value linkages among content owners, project parties, fan communities, and professional investors. As part of this project, Esperanza will also take the lead in launching tokenized experience applications in Hong Kong, enabling supporters to participate in ticket redemption, exclusive merchandise offerings, and cultural entertainment experiences through relevant tokenized arrangements. This will further extend the interaction between stage productions and audiences beyond the performance itself. Through compliant tokenization solutions, Esperanza will continue to support more projects of cultural significance and market potential in establishing financing connections that are more flexible, more transparent, and more participatory.”
Ms. Ella Wong, Chief Financial Officer of One Cool Group Limited, said:
“We are delighted to begin this collaboration with Esperanza. In today’s diversified entertainment ecosystem, innovation in financial structuring is critical to advancing the creative industries. Through this partnership, we look forward to leveraging professional fintech infrastructure and solutions to open up more flexible commercial possibilities for Hong Kong’s cultural and entertainment assets.”
This collaboration also reflects Esperanza’s continued strategic build-out in entertainment and cultural assets. The Company is actively sourcing additional projects with tokenization potential and commercial scalability — across film, live entertainment, theatre IP, licensing businesses, AI-driven immersive entertainment, multimedia applications, experiential venues, and other categories underpinned by real-asset foundations and commercial cash flow potential.
As Asia-Pacific’s content industries, fan-engagement models, AI technologies, and immersive entertainment ecosystems continue to evolve rapidly, Esperanza expects growing market demand for mature, compliant financial platforms capable of helping high-quality cultural and entertainment projects expand their access to capital, community engagement, and commercialization capabilities. The Company is currently evaluating and progressing multiple related opportunities, with a potential project pipeline expected to exceed HK$2 billion in scale across entertainment and culture, IP licensing, real estate, multimedia, AI immersive entertainment, and other real-world asset applications.
Esperanza emphasizes that the Company will continue to anchor its work in compliance, transparency, and sustainability — guiding cultural and entertainment assets from traditional project financing and single-consumption models toward more institutionalized, digitalized, and participatory new financing markets, and creating new growth opportunities for Hong Kong and the wider Asia-Pacific creative industries.
Hashtag: #Esperanza
The issuer is solely responsible for the content of this announcement.
About Esperanza Fintech (Securities) Limited
Esperanza Fintech (Securities) Limited (“Esperanza“) is a licensed corporation under the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong), permitted to carry on Type 4 (advising on securities) and Type 9 (asset management) regulated activities. On 13 February 2026, Esperanza received a “no further comment” letter from the Hong Kong Securities and Futures Commission in respect of its proposal to tokenize managed funds — formally permitting Esperanza to conduct tokenized investment business.
About One Cool Stage Limited
One Cool Stage Limited (“One Cool Stage“) is a subsidiary of One Cool Group Limited, engaged in the development of cultural, entertainment, and theatre projects in Hong Kong. Founded in 2013 and headquartered in Hong Kong, One Cool Group Limited is a diversified enterprise dedicated to the development of the film and entertainment industry. Guided by the philosophy of “Visionary in Creativity, Strive for Diversity,” the Group has built a multi-faceted business portfolio spanning the entire entertainment industry value chain, with stable partnerships and operational footprints across major Asian markets. For more information, please visit www.onecool.com.
About Esperanza Fintech Group
Esperanza Fintech Group is a fintech group headquartered in Hong Kong. The group’s licensed businesses include (i) gold trading and tokenized gold services operated by Esperanza Fintech (Commodities) Limited, a DPMS (dealers in precious metals and stones) Category A Registrant (No. A-B-25-03-08913) with the Hong Kong Customs with permitted businesses including the issuance, redemption and trading of gold backed instruments on www.espetopia.com; (ii) client asset custodian service operated by Esperanza Fintech (Nominees) Limited, a licensed Trust or Company Service Provider in Hong Kong (Licence No. TC010260), regulated by the Hong Kong Companies Registry; (iii) espetopia trading platform operated by Espetopia Limited; and (iv) tokenized investment services operated by affiliate company Esperanza Fintech (Securities) Limited, an SFC-regulated asset manager with permission to carry out tokenized investment businesses.
HONG KONG SAR – Media OutReach Newswire – 13 May 2026 – HGC Global Communications (“HGC” or “the Group”), a fully-fledged ICT service provider and network operator with extensive global coverage, yesterday hosted its fourth annual Partner Day, bringing together more than 200 industry leaders, representatives from industry associations and government organization from over 80 companies across various ICT sectors worldwide.
HGC Partner Day 2026 brought together more than 200 industry leaders, representatives from industry associations and government organization from over 80 companies across various ICT sectors worldwide.
Under the theme “Navigating the Digital Frontier, Accelerating Collective Success”, the gathering underscored HGC’s deepening partner alliance and its positioning as an AI Enabler and Service Company Group that is leveraging owned infrastructures to enable individuals, enterprises and international business partners to deploy artificial intelligence (AI) and emerging technologies application at scale.
Bridging AI Ambition and Reality: The AI Enabler Delivering Integrated Services
In a rapidly evolving AI landscape, HGC is sharpening its position as an AI Enabler and Service Company Group, focused on turning enterprise AI ambition into secure, scalable and operational reality.
As an AI enabler, HGC delivers the critical foundations corporates need to deploy and operate AI with confidence. This includes AI-ready infrastructure and high-speed, low latency connectivity linking data centres and cloud environments for AI workload; intelligent operations platforms, such as the award-winning, self-developed GodEye, which enhances network management and service delivery; end-to-end AI lifecycle support spanning testing, rollout, monitoring and optimization. Equally critical, HGC embeds AI governance and security to ensure AI solutions remain compliant, resilient and fully controlled. Positioning as a service backbone, HGC enables customers and partners to focus on value creation and innovation.
These fundamental capabilities are underpinned by HGC’s identity as a Service Company Group, where value is created through one-stop shop service, expertise and accountability, rather than one-off service delivery. HGC owns the full operating journey – from solution design and deployment to 24/7 monitoring services and ongoing optimization. Combining human expertise with AI‑driven intelligence, HGC delivers long‑term, subscription‑based partnerships that ensure enterprise AI systems remain secure, reliable and future‑ready.
Strong Performance in Various Market Sectors Reflect the Winning Strategy
The practical impact of being an AI enabler that provides integrated services was demonstrated across different market sectors:
Corporate Business: Under its customer-centric approach, HGC’s ICT business combining digital infrastructure, ICT services intake drove a 6% year-on-year growth in vertical expansion. HGC’s Corporate & Enterprise business continued to deepen its engagement across eight major sectors in Hong Kong, including FSI, government, education, logistics, property, retail, professional services, and trading & manufacturing. Backed by deep industry expertise and long-established customer relationships, HGC provides integrated end-to-end solutions covering secure connectivity, cybersecurity, managed services, and digital transformation capabilities. This continued momentum was reflected in Q1 2026 performance, where gross profit from cybersecurity solutions increased by 32% year-on-year, while SME data bandwidth subscription grew by 12%.
International Business: HGC is building the backbone of its AI regional infrastructure, with OTT number of customers up 20% year-on-year in Q1 2026. Under the East-West Gateway Project, a Memorandum of Understanding with Johor Capital Group, it is creating a next-generation digital infrastructure hub in Johor, integrating submarine landing points, terrestrial networks, data centre interconnects and internet exchanges to serve one of Southeast Asia’s fastest-growing AI data centre clusters. By simplifying network implementation, HGC gives enterprises, service providers and OTT providers greater flexibility to connect across diverse data centres. Additionally, HGC has obtained a strategic pilot approval from China’s Ministry of Industry and Information Technology, to engage value-added telecommunications services in Chinese Mainland. This milestone supports the country’ digital economy, facilitating the opening-up of China’s telecommunications market and more Chinese Mainland enterprises to go global.
Consumer Market: HGC’s consumer business continued its steady upward trajectory in Q1 2026, driven by strong growth in 2Gpbs and above high-speed broadband subscribers, which record a 39% year-on-year increase. The robust uptake reflects rising customer demand for high‑capacity network services, reinforcing the competitiveness of the Group’s premium residential broadband offerings. HGC also marked a key milestone with the launch of HGC Mobile, a new brand extending HGC’s footprint into mobile telecommunications services. The new brand delivers a highly flexible, best in value “network-on-the-go” experience, further strengthening engagement across HGC’s residential customer base through a more integrated suite of connectivity solutions.
Andrew Kwok, Chief Executive Officer of HGC, said, “I would like to extend my deepest thanks to every partner who joined the HGC partner day – a true convergence of the East and the West, and demonstrates the strong alliance and important future that we are building together. I am equally grateful for the consistent support of local governments that have helped to make our vision a reality. Your belief in open, collaborative digital infrastructure gives us the confidence to push ahead. As we navigate a landscape being rewritten by AI, HGC will continue to embrace the challenges ahead with our partners, turning headwinds into shared opportunities.”
At the panel discussion featuring speakers from A & A Limited, Byteplus and CBC Tech, together with HGC experts explored how the entire AI ecosystem, from infrastructure to cloud to application, can tackle shared challenges and accelerate adoption. The dialogue reflected HGC’s commitment to uniting diverse players across the ICT landscape.
“At HGC, we will continue to seize every opportunity that the shifting landscape creates, not by chasing trends, but by staying true to our core strengths while transforming our business model in pace with the market. The advancement to AI Enabler and Service Company Group is just the beginning. As we look ahead, HGC will remain resourceful, flexible and relentlessly adaptable, building highways for AI adoption so that our partners can focus on driving value. I am confident that together, we will turn the uncertainties of this AI era into the defining opportunities of this generation,” concluded Andrew.
Hashtag: #HGC
The issuer is solely responsible for the content of this announcement.
HGC Global Communications Limited
HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 20 global offices and staff presence in 33 cities worldwide. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data center services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in Chinese Mainland and connects with hundreds of world-class international telecom operators. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities, transport, social infrastructure, digital infrastructure, and environmental infrastructure in North America, Europe, Latin America and Asia.
To learn more, please visit HGC’s website at: www.hgc.com.hk
Authorities in Phine district, Savannakhet province, destroyed equipment used in illegal gold mining operations on 11 May. (Photo by Phine district media)
Authorities in Phine district, Savannakhet, have taken action against illegal gold mining activities, destroying equipment on 11 May that had been linked to unauthorized mining operations near Phalong village.
The crackdown followed an inspection initiated on 25 April after residents reported illegal mining activities in the area. A team of five military personnel was deployed to investigate multiple excavation sites in nearby forests.
During the operation, officials uncovered evidence of extensive illegal mining, including around 1 hectare of dug-up land and new areas measuring roughly 40 by 40 meters and 50 by 50 meters, believed to be prepared for further mining activities.
Although the suspects had likely fled the area, possibly after a tip-off, authorities discovered two large gold separation machines hidden about 200 meters from the mining sites. Due to the size and difficulty of transporting the equipment, authorities opted to destroy the machines on-site to prevent their future use.
Nationwide Crackdown
The operation in Phine district is part of a nationwide crackdown on illegal mining activities following a directive issued by Prime Minister Sonexay Siphandone on 7 March 2025. The order emphasizes enhanced monitoring and inspections of gold, stone, and sand extraction across Laos, driven by growing environmental and safety concerns.
Since then, several provinces have intensified enforcement efforts. Earlier this year, Attapeu province introduced stricter penalties for illegal extraction, with violators facing heavy fines and potential prison sentences. In June 2025, Houaphanh province permanently banned new gold mining permits and ordered the removal of equipment from illegal mining sites.
Additionally, Xieng Khouang province reported four deaths in 2025 after a landslide buried miners at an unregulated site, underscoring the severe safety risks associated with unauthorized mining.
As illegal mining continues to pose significant challenges, authorities across Laos are ramping up inspections and enforcement measures to combat the issue.
On 12 May, Bokeo police dismantled a multinational call center scam gang, arresting 62 suspects amid Laos’ nationwide crackdown on cybercrime and online fraud networks. (Photo: Bokeo Police)
Bokeo provincial authorities dismantled a multinational call center scam gang operating in Ton Pheung district on 12 May, as part of Laos’ intensifying crackdown on cybercrime and online fraud networks.
Authorities detained 62 suspects of different nationalities, the majority being from Myanmar. Officials confiscated desktop computers, laptops, and a large number of mobile phones used in the operations.
Investigations and interrogations are ongoing to expand the case, identify further accomplices, and ensure all those involved are prosecuted according to the law.
The 12 May operation followed a series of earlier raids across the province. On 4 to 5 May, authorities arrested 71 suspects in Houayxay district, mostly Chinese and Myanmar nationals. On 11 May, a larger operation in Ton Pheung district detained 159 individuals, including 106 Lao nationals, along with nationals from China, Myanmar, the Philippines, Malaysia, and Indonesia.
In total, approximately 230 suspects from six nationalities were arrested across Bokeo between 4 and 12 May. Authorities have not yet released full details regarding charges or the scope of the alleged fraud operations as investigations continue.
On 7 May, authorities transferred 605 suspects linked to alleged computer fraud operations in Savannakhet Province to Vientiane for further investigation. The group included nationals from eight countries: China, Thailand, Vietnam, Cambodia, Myanmar, Malaysia, Taiwan, and South Korea.
Across Laos, the total number of individuals detained in connection with online fraud and cybercrime networks in the first half of May exceeded 1,500, when combined with a 1 to 2 April operation in Ton Pheung district that detained 742 suspects representing 12 nationalities.
The operations follow a late April directive by Prime Minister Sonexay Siphandone to strengthen nationwide action against online scams. On 30 April, Minister of Public Security Vanthong Kongmany visited the Golden Triangle Special Economic Zone in Bokeo to reinforce enforcement efforts in the area.
The Lao operations are part of wider regional enforcement activity.
On 10 May, Cambodian immigration authorities detained 994 foreign nationals from 16 countries in an anti-scam operation. Separately, Indonesian authorities arrested around 321 foreign nationals, including 11 Lao nationals, in Jakarta on 9 May in connection with a major illegal online gambling network.
Lao ASEAN Leasing Public Company (LALCO) has reaffirmed its commitment to supporting Laos’ economic development by strengthening its role as a community-focused trading platform linking local growers and producers with international markets.
Speaking on 4 May, the company highlighted the continued expansion of LALCO Trading, which has evolved from its beginnings in mineral trading in 2022 into a diversified commodity business operating across agriculture, frozen meat, and industrial resources.
The company’s current portfolio includes coffee, cassava, corn, animal feed ingredients, premium poultry and beef products, as well as metal concentrates and energy-related raw materials managed under regulatory compliance standards.
LALCO stated that its approach focuses on supporting local growers and producers in meeting international certification requirements, helping Lao products improve competitiveness in export markets such as China, India, and the United Arab Emirates.
“Our vision is to serve as a trusted bridge that unlocks new opportunities for local industries,” said Mr Yoshihito Oshima. “By integrating growers and producers into global supply chains, we are building a more resilient, export-ready, and sustainable economic ecosystem for Laos.”
Established in 2015, LALCO initially focused on strengthening Laos’ financial sector before expanding into commodity trading through the launch of LALCO Trading in 2022. The company later entered the coffee plantation sector in 2023 and broadened its agricultural investments in 2025.
International Markets and Looking Ahead
According to the company, its international sourcing network now spans Brazil, Malaysia, Indonesia, Argentina, and the United States, supporting access to global commodities while strengthening the export potential of Lao-origin products.
LALCO noted that its operations contribute to foreign currency inflows, trade finance access, and the development of more transparent and ethical supply chains aligned with Environmental, Social, and Governance (ESG) principles.
The company also works closely with the Ministry of Industry and Commerce and the Lao National Chamber of Commerce and Industry, while investing in cold-chain logistics and export-ready packaging to improve product quality and export readiness.
LALCO said it remains committed to supporting long-term economic growth in Laos by combining international expertise with local partnerships to strengthen the country’s role in regional and global trade.
Any inquiries, please contact to: + 856 20 54 859 270
BANGKOK, THAILAND – Media OutReach Newswire – 13 May 2026 – ONYX Hospitality Group, a leading hospitality management company in Asia-Pacific, has unveiled its growth strategy as it celebrates its 60th anniversary. With a portfolio spanning hotels, resorts, serviced apartments, luxury residences, as well as dining and spa offerings, the Group is targeting total revenue of THB 10.33 billion in 2026, representing a 14% year-on-year increase. It also plans to expand its portfolio to more than 75 properties by 2030, underscoring its sustained growth momentum and strengthening its position across the Asia Pacific region. This expansion will be supported by a planned investment of THB 5.5 billion over the next three years, primarily focused on enhancing and upgrading existing properties.
Over the past six decades, ONYX Hospitality Group has grown from managing a single hotel in Thailand into a regional hospitality company with a multi-brand portfolio including Amari, OZO, Shama and Oriental Residence. Each brand has a clearly defined identity and market position, enabling the Group to meet the evolving needs of modern travellers across a range of segments.
Today, ONYX manages 49 properties and remains on track to expand its portfolio to more than 75 properties across Asia Pacific through a disciplined and sustainable growth strategy.
Yuthachai Charanachitta, Chief Executive Officer of ONYX Hospitality Group, said: “Over the past six decades, ONYX Hospitality Group has built a strong foundation of expertise and experience, growing from the management of a single hotel in Thailand into a regional hospitality player with an expanding presence across Asia Pacific, continuously earning the trust and confidence of both partners and customers.
This growth has been driven by a strong Thai foundation, combined with a global outlook and a strategic focus on regional markets, which have consistently served as the key pillars underpinning the Group’s development.
As we celebrate our 60th anniversary, we see this milestone not merely as a reflection of our past achievements, but as the beginning of our next phase of growth. Looking ahead, we remain committed to expanding our regional footprint, strengthening our brands, and creating long-term value for our partners, investors and customers, while continuing to develop the organisation in a balanced and sustainable manner. At the same time, we are dedicated to playing an active role in elevating service standards and supporting the long-term advancement of Thailand’s hospitality industry.”
Accelerating Expansion to Support Long-term Growth
ONYX Hospitality Group continues to expand its presence across Asia Pacific under its vision of becoming ‘The Best Medium-sized Hospitality Management Company in Asia Pacific’.
In 2026, the Group is set to launch several new projects, including Shama Sukhumvit 101 Bangkok, Shama Medini, and Y Hotel Nanshan Shenzhen Inspired by OZO, reinforcing its strategic expansion across the serviced apartment and lifestyle hospitality segments in key regional gateway cities.
At the same time, the Group continues to advance a strong future development pipeline, including Shama Rayong, EQ Phuket, Shama Hub Ladprao Bangkok, Shama North Pattaya, and the luxury development Amari Resort & Villas, Samui, alongside a major transformation of Amari Phuket aimed at revitalising the property and elevating the guest experience.
By 2030, ONYX aims to expand its portfolio from 49 properties to more than 75, with a focus on quality growth through long-term partnerships and a tailored approach to hospitality that reflects the needs of each market.
In addition to regional expansion, ONYX Hospitality Group is driving growth through effective asset management and investment strategies, with ONYX RT serving as another key growth engine. Supported by lower interest rates, recovering investor confidence, and the return of more than 35 million international travellers, the Group expects its core assets — including Amari Bangkok, OZO Samui, and OZO Phuket— to further enhance portfolio value, with a targeted valuation of more than THB 4 billion.
Strengthening Brand Positioning Across the Portfolio
As part of its 60th anniversary, ONYX Hospitality Group is advancing its overall brand development through its long-term strategic framework, “ONYX Universe”, which has been designed to support future growth across all dimensions of the business. The framework covers talent development, technology, sustainability, brand strength, marketing and revenue efficiency, customer engagement, food and beverage, and asset management to drive long-term returns. It will serve as a key foundation for enhancing the Group’s regional competitiveness while responding to the evolving needs of travellers and residents.
ONYX has also refined the positioning of its four core brands to strengthen differentiation and align more clearly with current market demand:
Amari has been repositioned in the upper-upscale segment, offering Thai hospitality enriched by local insight and the distinctive character of each destination.
OZO has evolved into an upper-midscale lifestyle hotel brand with enhanced service, designed for modern travellers who expect a seamless stay with the right essentials and a touch of elevated comfort.
Shama continues to focus on serviced apartment living, fostering vibrant communities while delivering Joy of Living through thoughtfully designed experiences that combine comfort, quality, and meaningful lifestyle for both short- and long-term stays.
Oriental Residence has been elevated to a more refined expression of luxury, where elegance is understated, privacy is paramount, and every detail is thoughtfully personalised.
This brand evolution reflects ONYX Hospitality Group’s commitment to creating clearer differentiation in support of long-term business growth.
Driving Sustainable Growth Through Regional Expansion and Brand Strength
Built on a 60-year legacy, ONYX Hospitality Group remains committed to growth through regional expansion, brand enhancement and continued organisational development. Anchored in its Thai roots and global outlook, the Group continues to place regional growth at the heart of its strategy as it works towards becoming the best medium-sized hospitality management company in Asia- Pacific, while delivering sustainable value to all stakeholders. Hashtag: #ONYXHospitalityGroup #HospitalityIndustry #AsiaPacificTravel
The issuer is solely responsible for the content of this announcement.
About ONYX Hospitality Group
ONYX Hospitality Group, a reputable force in Asia Pacific’s hospitality industry, operates a collection of comprehensive yet complementary brands – Amari, OZO, Shama and Oriental Residence – catering to the distinctive needs of discerning business and leisure travellers in Southeast Asia where their expertise lies. In addition to its brand portfolio, ONYX Hospitality Group also operates additional hospitality services across spa and food and beverage. With over six decades of management experience, the company extends its innovative solutions throughout the region, upholding internationally recognised standards and ensuring optimal operational manoeuvrability. By fostering enduring relationships with like-minded business partners, ONYX Hospitality Group delivers unparalleled experiences in a dynamic and competitive market, meeting the ever-evolving demands of travellers.
Strong 94% LTM cash conversion, operating cash flow -€178 million, working capital absorption driven by stronger revenue growth, and in line with normal seasonality
ND/EBITDA -0.2x yoy, consistent with year-end 2025 deleveraging
Continuation of positive momentum in volumes to date this quarter
Denis Machuel, Adecco Group CEO, commented:
“Our strategy combined with rigorous execution delivered a strong start to 2026 and sustained our momentum. Growth and cost discipline are improving profitability. This marks our fourth quarter of growth: at 5.3% year-on-year. We gained another 365 basis points of share, while maintaining healthy gross margins and robust EBITA.
“Adecco continues to outperform the market with growth across all regions and double digit increases in Iberia, Nordics, North America, Latin America and Asia. Akkodis is stabilizing revenues and improving profitability. LHH achieved a double digit EBITA margin, driven by strong growth in Career Transition and Ezra.
“Our tech agenda advanced with further agentic AI deployments across new markets on our digital platform, lifting fill rates and reducing time to fill, while enhancing the candidate and recruiter experience.”