WWPKG announces an overall 4.3% salary increment along with up to 2-month’s discretionary bonus

HONG KONG, CHINA - Media OutReach - 20 February 2018 - In view of the steady growth in business in the past calendar year, WWPKG Holdings Company Limited ("WWPKG" or "the Company", together with its subsidiaries, the "Group"; HKSE: 8069) announces today that a discretionary year-end bonus will be awarded to its employees in recognition of their hard work and contribution to the Group. The bonus ranges from 0.5 to 2 months. WWPKG also announces an overall 4.3% salary increment, where certain employees with exceptional performances will receive an increment of over 7.0%.

Mr. Chun Ning YUEN, Chief Executive Officer and Executive Director of WWPKG, said, "Our employees and their performances are the building blocks on which our Company is built. Our teams have continuously risen to challenges and in appreciation of their hard work, loyalty and value they create, the management is pleased to offer a discretionary year-end bonus as well as a salary increment that is higher that the market average*.  In the coming year, WWPKG will continue to strive to create quality and unique travel experiences to our customers."

On the first working day of the Year of the Dog, the senior management of WWPKG handed out New Year red packets worth between HK$100 and HK$500 to its staff members, wishing them good fortune and prosperity in the coming year.

*The Hong Kong Institute of Human Resource Management estimated an average salary increment of 3.5% in Hong Kong in 2018.

About WWPKG Holdings Company Limited

WWPKG was founded in June 1979. The Group has become one of the long-established and well-known local travel agents, with 39 years of business in the travel service industry in Hong Kong under the brand "縱橫遊". Its major business includes the provision of outbound package tours with particular focus in Japan bound tours. The Group also offers other travel products and services to customers including free independent traveller (FIT) products and other ancillary travel related products and services.

Currently, the Group sells products and services through a number of channels including four branches in Causeway Bay, Tsim Sha Tsui, Mongkok and Shatin, as well as online sales platform. The Group also sells tailor made tours to customers through MICE tour department, as well as sells travel products to other travel agents in Hong Kong and Macau.

According to the industry research report, the Group was the second largest travel agent in Hong Kong in terms of number of travellers for package tours bound for Japan in 2015, and ranked eighth in terms of number of travellers for outbound package tours amongst the travel agents in Hong Kong which provided outbound package tours in 2015.