SINGAPORE (August 3): LifeBrandz, the lifestyle and entertainment brand development and management company, now wants to diversify into the travel sector as well as provide fintech and fund management services.

As part of the new initiatives, Takumi Holidays, a wholly-owned subsidiary of LifeBrandz, has entered into a conditional sale and purchase agreement to acquire 100% stake in e-Holidays for a consideration of $850,000.

Incorporated in Japan, e-Holidays provides enquiry services for leisure travel, which includes advising and making arrangements for air tickets and accommodation and advising on leisure travel packages. The target company also offers other travel-related services and products such as arranging for travel insurance, visa applications, and land transfers between airport and accommodation.

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